Page 28 - Write Off News Today

Analyst and journalist lee shepard, blame the politicians who wrote the rules to benefit big developers. >> thats why we say that commercial real estate is self-sheltering. thats why we look at a guy like donald trump and we say, is he at zero? its like, yeah, hes a zero. >> drew, so we know we had this huge write-off in 1995, and could have prevented him from paying any federal income tax or personal income tax for many, many years, it sounds like its feasible that he could still not be paying ...

Most about trumps finances, timothy obrien co-wrote a piece about trumps wealth. trump said of obriens sources, quote, you can go ahead and speak to guys who have 400-pound wives at home who are jealous of me. trump also sued him for $5 billion, but the case dragged because trump wouldnt turn over his tax and other financial records, and then a judge threw it out. timothy obrien is the author of "trump nation: the art of being donald" and she joins me now. trump says, look, this massive write-of...

For years and you said you paid state and employee and real estate and property taxes. did you use that $916 million loss to avoid paying taxes? >> of course i do. and so do all of her donors. i know many of her donors. they take massive write offs. a lot lot of my write off was depreciation and she always allowed this. the people that give her all this money won it. i understand the tax code better than anyone and its complex. hillary clinton has friends that want the provisions. thats very imp...

This money won it. i understand the tax code better than anyone and its complex. hillary clinton has friends that want the provisions. including the carried interest provision. its important to wall street people and they want the carried interest provision and its interesting why shes leaving carried interest. i pay tremendous numbers of taxes and i used it and so did warren buffett and george sorrows and the other people that hillary is getting money from. i wont mention names because they are...

And education is wrong. we want to make sure no corporation and no individual can get away without paying his fair share for our country. >> i want to give the chance to response. the last month, taxes were the number one issue on facebook for the first time. the "new york times" published your tax returns and show you claimed a loss which means you could have avoided paying income taxes for years and you said you paid state and employee and real estate and property taxes. did you use that $916 ...

Time. hes decompensating. you know, other people compensate for their issues, and problems, and do well. donald is in the point of decompensating. but it resonates with 30% to 40% of the public that has always liked him. his poll numbers in the 80s were 40%. >> huh. >> and hes gonna stay right there. >> tim what moments jumped out at you last night? >> when he said he was willing to use the department of justice to attack a political opponent. he threatened hillary clinton with that. he admitted...

Warren buffer et and george sorrows and the other people that sillry is getting money from. i wont mention names because they are rich, but not famous. >> can you say how many years you have avoided paying taxes? >> no. i have a write off and a lot is depreciation. i love depreciation. she has given it to us. if she had a problem, for 30 years she talks about health care. why didnt you do something about it. why didnt she do something about this? she doesnt do anything about anything other than ...

The other people that hillary is getting money from. now, i wont mention their names because theyre rich but theyre not famous. we dont make them famous. >> can you say how many years you have avoided paying personal federal income taxes? >> no, but i pay tax and pay federal tax, too. i have a write-off, a lot of it is depreciation. its a wonderful charge. if she had a problem for 30 years, shes been doing this, anderson. i say it all the time. she talks about health care. why didnt she do somet...

You have avoided paying personal income taxes? >> no, but i pay tax and i pay federal tax, too but i have a write-off. a lot depreciation, a wonderful charge i love the depreciation. you know, shes given it to us. >> part of that answer, donald trump, a., acknowledging he used this write-off to avoid paying federal taxeses. perfectly legal, for everything we know, but -- >> confirming a mystery about this. >> and also said hillary clinton supporters specifically named warren buffett, released a ...

Leaving carried interest. number one, i pay tremendous numbers of taxes. i absolutely used it. so did warren buffett and so did george soros and so did many of the other people that hillary is getting money from. now, i wont mention their names because theyre rich but theyre not famous. we dont make them famous. >> can you say how many years you have avoided paying personal federal income taxes? >> no, but i pay tax and pay federal tax, too. i have a write-off, a lot of it is depreciation. its a...