Donald Trump’s taxes. Just three pages were cited: the first page of the state tax returns Trump filed in New York, New Jersey and Connecticut in 1995.
The Times reported that Trump claimed a $916 million loss, which could — emphasis on “could” — have allowed him to avoid paying federal taxes for “up to 18 years.” The story was stuffed with speculation about what Trump may have potentially done.
The Times was typically harsh in tone. The tax records “reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind” with his financial “mismanagement.” A tax expert declared that Trump “has a vast benefit from his destruction” in the early 1990s, like he was Hurricane Donald.
What could be true might well be true. But when did idle speculation become a prestigious form of journalism? The political imperative to destroy this man is inescapable........To Read More.....
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