Archive for the 'IRS' Category

04
Oct
16

TRUMP vs The M.S.M.


 

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First, let me state the following is NOT intended to be deemed support for Donald J. Trump as the next President of the United States, however, that stated, I find it difficult to accept the reportage centered on the premise of his failing to pay his fair share of taxes LINK.

To any rational mind, the suggestion that Trump has avoided or failed to pay taxes stemming from a $916million dollar capital loss via his 1995 tax filing is erroneous.

First, the responsibility for the validity of claims for losses does not rest with the one filing such losses but with the Internal Revenue Service (IRS). Given that the filing is for the 1995 fiscal year of Trump business activity, one would have to presume the IRS fulfilled its due diligence and accepted the filing as meeting all applicable tax laws of the time.

The News media’s attempts to paint a different picture is both slanderous and misleading to the general public, most of whom are not versed in the manner by which the IRS deals with corporate filings. This only leads one to interpret this as a calculated effort by media outlets to discredit Trump and his campaign bid for the White House and by default, give credence to the Clinton campaign to utilize this `scandal‘ to unfair advantage.

The fear of a Trump presidency is palpable, however, to utilize such tactic will only serve to bolster his blue-collar base to vote not necessarily for Trump himself but, against the Establishment which, as they see it, includes the increasingly obvious bias of mainstream media.

It is a dangerous game being played, one likely to radically change the face of civilized western society for decades to come yet, those in the position to influence, such as the mainstream media (of all format), either fail to recognize this fact, or, willingly sacrifice potential for a harmonious future for the sake of ratings (CBS)

 

 

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