Morning Jolt: Taxing Times

On the menu today: What really ought to bother us about the revelations concerning Donald Trump's tax returns is not the low tax rate, but how Trump used the same arguments against other groups of rich people in the last presidential election;

'They Make a Fortune. They Pay No Tax. It's Ridiculous, Okay?'

"The hedge fund guys didn't build this country. These are guys that shift paper around and they get lucky. They are energetic. They are very smart. But a lot of them — they are paper-pushers. They make a fortune. They pay no tax. It's ridiculous, ok?" — Donald Trump, August 23, 2015.

"Jeb Bush and Hillary Clinton will continue to let Wall Street and the 'hedge fund guys' rip off the people by paying no or very little in taxes." — Donald Trump, September 14, 2015.

"The hedge fund ...

WITH JIM GERAGHTY September 28 2020 WITH JIM GERAGHTY September 28 2020 Taxing Times On the menu today: What really ought to bother us about the revelations concerning Donald Trump's tax returns is not the low tax rate, but how Trump used the same arguments against other groups of rich people in the last presidential election; 'They Make a Fortune. They Pay No Tax. It's Ridiculous, Okay?' "The hedge fund guys didn't build this country. These are guys that shift paper around and they get lucky. They are energetic. They are very smart. But a lot of them — they are paper-pushers. They make a fortune. They pay no tax. It's ridiculous, ok?" — Donald Trump, August 23, 2015. "Jeb Bush and Hillary Clinton will continue to let Wall Street and the 'hedge fund guys' rip off the people by paying no or very little in taxes." — Donald Trump, September 14, 2015. "The hedge fund ...   READ MORE

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