Page 8 - Write Offs News Today

Polls, and bc-"wall street journal," 55% of americans oppose any kind of cut for the corporate tax rate. they also think the rich should pay more. i dont know but thats with the american people think. when i am looking at this, im thinking the republicans have given up on tax reform. now all they want to do his tax cuts. the driver, as jesse was incomes corporate tax cuts. the argument they are, an interesting one, this economy would be doing even better. we would knock them out. would be the gl...

Clayton: first responders in texas to arm themselves, supportive of the bill is aiming to keep firefighters and emt safe. heather: theres not critics that are not trained law enforcement causing concern that they wont have the same judgment using firearms as police officers in tense situations. clayton: this morning we want to know what you think, is it necessary for safety or more a liability? heather: send us comments on facebook and we will share them later in the show. a lot of ways to get i...

Illegality. >> juan: the big story here would be why doesnt he release his tax returns so we can know about the russian connection if it exists. the audit is not a problem. come on, donald trump. >> eric: david k. johnston wrote a book last year, an anti-trump book. he had a motivation and doing it. and all these people, even my friend mark cuban, who says -- if you make 150 million bucks after taxes, after write-offs, in a year, im guessing hes a real billionaire. >> greg: on that note, catch m...

Incorporate that into the play. >> neil: they is a to me, the businesses, make it retroactive. well be more competitive more quickly. >> of course if theres a tax cut they will say that. these are the things were trying to price out and well figure it out. >> neil: i want to get clarification of the upper income tax cut. you have referred in prior interviews that taking the top rate, from 40%, more than that if you add obamacare care to 43%, the rich will see that offset in deductions and write ...

>> neil: i want to get clarification of the upper income tax cut. you have referred in prior interviews that taking the top rate, from 40%, more than that if you add obamacare care to 43%, the rich will see that offset in deductions and write offs so they dont net-net see a tax cut. is that right? you still stand by that? >> first lets say that obamacare and the obamacare surcharges are growing to be dealt with as part of the obamacare legislation and not tax legislation. as part of tax legislat...

And paying more in taxes, so you look at it die namically, and with that, i think well actually bring more money in the federal coffers than last. >> which loopholes do you think need to be eliminated and how much will that snaif. >> -- save? >> thats a wide debate, and there are a couple that makes peoples hair stands up, like mortgage reductions and chartable reductions. those we want to keep around. but we can start looking at a lot of other deductions, but the tax deductions is 4,070 pages l...

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...

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...

Going for it and like our chuck todd said earlier, this is something he predicts that joe biden might regret. >> i dont think so off the top of my head. i actually never thought that the vice president was going to get into the race. i said that many times so im not predicting it after the fact. and i think part of that had to do with the fact that there really isnt a tremendous amount of policy space between him and hillary clinton. hes another establishment candidate which distinguishes him fr...