Hello Winnie the Peg,
I can't find your post claiming that Trump evaded taxes. You obviously have not heard of this concept called "tax loss carryforward". Those who read the Wall Street Journal do and here is a sampling of their comments about the "scandal":
Richard J. Cohen
Margate, N.J.
Mr. Trump took advantage of the four-million-word tax code by taking a $900 million loss so he didn’t have to pay federal income taxes for several years. Hillary Clinton did the same thing when she took a $700,000 loss to not pay taxes the following year, as her campaign manager acknowledged. She’s a hypocrite for criticizing Mr. Trump for doing what she did.
Mark Peter
Solana Beach, Calif.
Hillary Clinton, the Democrats and their media acolytes believe that Mr. Trump has somehow not paid his so-called “fair share” of taxes, despite the fact that for the permissible measurement period in question he had zero taxable income. This should scare not only all companies, investors and individual businesses doing business in the U.S., it should scare those who may in the future consider investing risk capital in the U.S. to create, expand or even continue a business. This should scare all Americans
Bob Wynne
Malibu, Calif.
This situation has nothing to do with being rich. If you and I own a two-family home and rent out half of it to generate income, you fall under the same rules for income, depreciation and amortization as Mr. Trump does.
Michael K. Murdoch
Stamford, Conn.
Some years ago the New York Times sold the Boston Globe at a loss of $1 billion or so. Do you suppose the Times did exactly what Mr. Trump appears to have done—used the loss as a carry-forward which offset tax liability in subsequent years?
Neil Gaffney
Chicago
Vice President Joe Biden recently explained “How Short-Termism Saps the Economy” (op-ed, Sept. 28) and endangers America’s economic recovery. Mr. Trump’s smoothing of losses over the long term is a perfect opportunity for Vice President Biden to prove that he wasn’t just blowing partisan smoke, by penning another op-ed explaining “How Long-Termism in the Tax Code Stimulates the Economy.”
Adam Clark
Alexandria, Va.
Without the tax loss carry-forward, you wouldn’t have many new businesses formed nor as many established businesses hanging on to their employees during down cycles. I am a businessman who paid no federal income tax during a loss year, but my employees did. Where did they get the money to pay taxes? From my losses.
http://www.wsj.com/articles/trumps-t...rds-1476133957
