Returns. Were starting to get indications as to why it is that they have been so focused. All this new information that you walked through with hallie. Skoe the Clinton Campaign coming out and saying, well, if trump is so smart, why doesnt he just release his returns and show us exactly the genius hes applied to the tax code in doing this, steph. Shes got Something Else in focus, and its the state of ohio. Shes been down in the polls there. We havent seen her in a while, but now she has a royal endorsement . They call him the king . Lebron james, possibly the best, yeah, im not sure if you could get a better ohio endorsement than that. Lebron james has that giant banner that hangs over the q arena where they held the Republican National convention. Now saying hes going to endorse Hillary Clinton. But the reality here is the terrain in ohio is tough for her. She has two stops today. One in akron and one in toledo, but the reality is this state is sliding further to the bottom of the battleground list for the Clinton Campaign. Its probably a little bit tougher, a little easier, excuse me, than iowa, which is the hardest one they have on the list, but its not necessarily shaping up to be such a true battleground as it has been in the past. Thats because a lot of these especially White Working Class voters who used to work in the Auto Industry in the eastern part of the state or work also in the coal industry, they are frankly out of work and normally they would vote for democrats. A lot of them are union people, but theyre backing donald trump. Thats a really difficult thing for her campaign. Shes sending her husband bill clinton on a bus tour as well. That should also tell you how important it is. Thanks, kasie hunt, in white plains right now. Were going to go back to donald trump and talk about these taxes. How exactly could he have gone without paying taxes for a total of 18 years . Lets break it down. If he lost 916 million back in 1995, he is able to claim that loss across multiple years, as much as 50 million per year in taxable income could be wiped out per year for tax purposes. If trump was making 50 million or less, he would then pay no federal income taxes, though there is no proof that is what he did do. I want to bring in matt schlapp, chairman of the American Conservative Union and a trump surrogate. Good morning, matt. Good morning. Here we go. Explain to me, we have heard ye genius, genius, spoken about donald trump over the last 24 hours. How does someone who is such a great businessman lose nearly a billion bucks in the 90s. Its been well chronicled. Hes had his ups and downs. I think he famously said on the streets of new york and passed a homeless man that that guy had more money than he did. Hes always been in the spotlight. We have seen his businesses take off. Hes had bad years. Hes had tremendous success, and i think hes really hitting a cord with voters across the country who want an outsider, a different voice in politics. He has struck a cord with the common working man who feels like they have been screwed by the system. As we look at these taxes, it seems that it is this system that has worked so well for donald trump. Why wnt he make his taxes, whether or not he gives the tax return or not, the central focus obje of the campaign and say i have been able to take advantage of this loophole, that loophole, and that one. Heres how im going to change them. We have never seen specifics. Yeah, i think thats right. I think hes the first person to tell you hes very well connected. He said in one of the republican debates during the primary that he understands the system because hes been a part of the system, and its treated him very well. But in the end, its treated the country very poorly. And hes been able to walk this line between someone who has been successful and been able to take advantage of things, but at the same time, he gets to the fact that in the end, our country isnt going to be able to get itself back on track unless it has in this case, tax reform. We have to completely change the way we tax people in this country. This is an example of what people look at the tax code and say, you know, it just doesnt make a lot of sense. If this is an example, why did the New York Times have to make the example for us, and what loopholes is donald trump going to close . We didnt no, no, we did not need this example to know that our tax system is ridiculous. We have the highest taxes in the universe. We tax corporations at one of the highest rates on the globe. If youre a Small Business person, you get taxed at an even higher rate. The way we confiscate wealth at the federal level is absurd because the problem is were not creating the types of jobs and getting the kind of Economic Activity we need. Then those Small Businesscon suffered that 19 notify year with donald trump when he had those losses, when he made the money back, did he go back to the creditors, to the Small Business people and pay them back . I think youre confusing two things. Youre saying bankruptcy as opposed to declaring a loss. I declared losses on my taxes. Most people who have assets declare losses on their taxes. The question is this. Which is what do we do to get those Small Business people on a better footing . Taxing them at these ridiculously high obamacare rates isnt going to create jobs. No, sir, im not confused. When donald trump has had failed real estate projects, theres been many people who havent been able to get paid. When he then made that money back, did he go back to the little guy inits that little guy that is his core base. Its not the business elite. Its not his peers who are pa backing him. Its the common guy. Let me ask you a question. In your life, have you ever said you had Better Service one time than another time. Have you ever been in a restaurant where they served you something edible that you didnt have to pay for . When youre a business person, you subcontract services all the time. There are times you pay in full and sometimes you pay extra and sometimes you dont. Im an american. I am, too. My word is my bond. Whether i have good service or bad service, i pay for services rendered. You wouldnt be a very Good Business perb if you paid if they did a bad job. No, when i ask someone to do work, i absolutely pay them. But lets move on. Sure. Donald trump, lets talk about his behavior. He needs to pull these undecided voters, these women voters right now. Im looking at this a. P. Article about the apresentence. He had contestants as well as employees who said he used sexist language to talk about them, referring to the size of their breasts. When they have an ad out with ivanka trump talking about how much donald trump cares about women. Im a woman and a mother. How do i take this . If you were to read the New York Times or the a. P. , its easy to see why women would get obje offended. Do they also understand there are meanty of women in the Trump Organization who say they are not offended and he has people from the apprentice on the road every day talking about how they were respected by donald trump . At the end of the day, this election is not going to be decided on the Clinton Campaign working with the media to say that donald trump is a bad guy. This election is going to be decided on their economic plans, on their plans to defeat terrorism, and on their plans to get washington working again. I think thats what we should be focusing on, not an october hit job to try to make donald trump unelectable. Its not right thing to do. We can leave Hillary Clinton out of it. On saturday night when i watched the donald trump rally, when i saw him question Hillary Clinton being faithful to bill clinton, when i saw him turn from the podium and pretend to fall down like she collapsed when she was sick, no one created that, donald did. Are there facts to back up the claim she wasnt faithful or loyal to her husband . I dont know what youre referring to there. I think what he is saying is that bill and Hillary Clinton should not be able to go out there and prosecute a moral case against donald trump when they live in their own glass house. And we should not let them get away with saying that somehow they can make the moral case. Look, he was impeach said. He was disbarred. She has been in scandal after scandal which started when she was the first lady and stole 20,000 worth of furniture. Theyre a scandal machine and why arent we focusing on them. I dont want to be unfair if you dont know the piece. Let me play it. Here it is. I dont even think shes loyal to bill, you want to know the truth. And really, folks, really, why should she be . So, im asking, are there facts that back up the claim . Yeah, did you cover politics in the 1990s . The clinton marriage and the clinton scandals and the clinton controversies, one after the other, you dont think its ripe in the minds of voters that theres a little hypocrisy when they go after Donald Trumps morality and the things he says. In the 1990s, donald trump was openly dating marla maples while he was married to ivana, and he said i donts talk about that. Thats not a problem. How is his infidelities not a problem and hers are . The question is this, which is Hillary Clinton is trying to make the case that donald trump is a misogynist. No, sir, my question and his supporters are deplorables and hes pushing back on the fact that shes in no position to make those charges. No, im asking you, not Hillary Clinton, im asking you. How come its okay that he was cheating on his wife with marla maples and thats okay, and let me make it really clear. Im not supporting donald trump because i condone the fact that he had affairs or had multiple marriages. I dont think that that is something im voting on. Im voting on the fact that i think he has a plan for the economy, i think he has a plan to make sure that we defeat terrorism. And i think he has a plan to upend washington. I think thats at the voters care about. My feeng is all this other stuff, it might be tawdry, we might say things that a bit raw, but its not centrally what this election is about. Its what Hillary Clinton has to make it about because she cant win on those issues. I want to talk about those issues. Where can we talk about those issues . By issues, we can talk about donald trump as a businessman. We can talk about the economy, now that we have seen the light, the light of his genius as Rudy Giuliani has said about his taxes, are we, a, going to see his tax returns . And get specifics about what he is going to do . Those advantages he was able to take of loopholes. Lets talk about specifics. Okay, great. What is he going to do from an economic perspective, from a tax code perspective, to help Middle America . The kind of advantages hes been able to use. Yeah, i think hes been very clear, the first thing is he believes we need to radically reduce tax rates. We have the highest tax rates for corporations in the civilized world. Near the top. We do, but we have a higher tax rate than, for example, europe, but we have much better growth than europe. Were practically stagnant over there. Are you kidding . Youre not going to offend the obama growth. Even liberal economists will tell us we have had terrible growth. If youre an american in the economy and struggling for a job, they would listen to what you said and scratch their head. Excuse me, sir. If were talking about a tax rate, we do have a higher tax rate here in the United States than in europe, but our growth has been stronger than it has been, lets say, in europe. Yeah, but what tax rate are you talking to . About the federal tax rate . Were talking about Corporate Tax rate. Thats what youre referring to. We have among the highest Corporate Taxeralties out there . Thats right, and it matters what deduxzs you get. We have had inversions of people leaving this country and going to europe and other parts of the globe because quite frankly, theyre voting with their feet against the american economy. That hurts americans as we have the lowest participation in the labor market since jimmy carter was president. Without a doubt. Its very clear that Hillary Clinton wants to raise taxes. She says on the wealthy. But if youre middle class, when they say theyre going to raise the taxes on the wealthy, you know its coming at you as well because you have to tax more broadly to get the types of revenues she needs. That will not that will not result in greater economic growth. Under obama, we had paltry economic growth. People do not like daex americans do not like Corporate Tax inversions. The question is are americans going to like Business People who are able to take advantage of tax loopholes for their own Business Success . All right, were going to leave it there. You have to admit the clintons are pretty wealthy as well and they have taken advantage of every tax advantage they can, and thats what the system is. And the system needs to be changed. The system does need to be changed. This afternoon, both candidates are going to be talking about the economy. I look forward to tomorrows Vice President ial debate where for sure well talk about the economy. Thanks for having me on. Up next, tax returns now out, we have been talking about them all morning. Will we find out who leaked them inthe mystery this morning of the envelope sent to the New York Times allegedly from trump tower. Hearing so much about how youre a digital company, yet here you are building a jet engine. Well, ge is digital and industrial. Like Peanut Butter and jelly. Yeah. Ham and cheese. Cops and robbers. Yeah. Nachos and karate. Ahh. Not that one so much. The rest were really good. Socks and shoes. Ok, ricky. Everything your family touches sticks with them. Make sure the germs they bring home dont stick around. Use clorox disinfecting products. Because no one kills germs better than clorox. Im claudine and i quit smoking with chantix. Smokings a monkey on my back. It was, it was always controlling your time, your actions, your money. It had me. It had me. I would not be a nonsmoker today if it wasnt for chantix. Along with support, Chantix Varenicline is proven to help people quit smoking. 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I would rather have a genius who understands the tax code, that wants to refo it. Theres no one who has shown more jean genius in their way t maneuver around the tax code. Thats what trumps surrogates are saying after the New York Times bombshell report claiming donald trump could have paid no federal income taxes for 18 years, after reporting a 916 million loss back in 1995, which was a very good ye. Ar i want to bring in cn brx krbc washington correspondent, john harwood. Genius is the word we keeps hearing. If this is genius, Donald Trumps genius, why wouldnt they make his inside understanding of the tax code a central part of their platform . Because its not credible. And i dont think anybody, not either being paid by donald trump or hoping to get a job in a trump administration, would call what happened there genius. The question is how much does it hurt him . And we just dont know the answer to that. Donald trump was behind to Hillary Clinton going into this. He was losing ground in the debate. She had already made an issue of his not paying taxes. And this makes it more concrete. But does it fundamentally change our understanding of donald trump . Im not sure. So i dont know what margin of voters might drop off trump because of this. We have to wait and see in the polls in the next few days. In terms of Donald Trumps platform, as he said, he truly understands the tax code. Its one of the reasons he has been able to be so successful. Nobody likes paying taxes. We want to pay the least amount possible. Has he proposed anything to end the loopholes the have been so good for him but it hasnt helped the rest of america, because it is the working man out there who is so tired and screwed by the system, why they want a candidate like trump . He has embraced the idea of cutting loopholes without specifying what loopholes he would cut. He talked about cutting tax rate, but i havent heard a proposal that would however haul the way real estate taxation was done. Thats the ability to Carry Forward the losses, as donald trump has said himself in the past, about being able to avoid taxes, welcome to the real estate business. Has he proposed to get rid of all t