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| Trump responds to tax 'bombshell': 'I know complex laws better than anyone' | Trump responds to tax 'bombshell': 'I know complex laws better than anyone' |
| (35 minutes later) | |
| Donald Trump responded on Sunday morning to a New York Times report that he may not have paid federal income tax for 18 years, tweeting: “I know our complex tax laws better than anyone who has ever run for president and am the only one who can fix them.” | Donald Trump responded on Sunday morning to a New York Times report that he may not have paid federal income tax for 18 years, tweeting: “I know our complex tax laws better than anyone who has ever run for president and am the only one who can fix them.” |
| The Clinton campaign called the report about the Republican nominee’s taxes a “bombshell”, and called for him to release his full tax returns. | The Clinton campaign called the report about the Republican nominee’s taxes a “bombshell”, and called for him to release his full tax returns. |
| Trump did not engage with or deny the Times report, which was based on documents from his 1995 tax return the newspaper said were mailed to it by an anonymous source, though he did add a coda that spoke to his long-running criticism of the paper, which he has said his lawyers “want to sue”: “#failing@nytimes”. | Trump did not engage with or deny the Times report, which was based on documents from his 1995 tax return the newspaper said were mailed to it by an anonymous source, though he did add a coda that spoke to his long-running criticism of the paper, which he has said his lawyers “want to sue”: “#failing@nytimes”. |
| Susanne Craig, the Times reporter to whom the documents were sent, told CNN on Sunday morning the Trump camp had “threatened to sue the paper, saying tax returns are confidential, and we made a decision last night to go forward”. | |
| Speaking to the Times, “semiretired” accountant Jack Mitnick, who according to the newspaper handled the businessman’s taxes for three decades, seemed to cast doubt on Trump’s claim to “know our complex tax laws better than anyone”. | |
| Mitnick, 80, who prepared a New Jersey return obtained by the Times, “described … Mr Trump’s brash and undisciplined style” and “recalled, for example, that when Donald and Ivana Trump came in each year to sign their tax forms, it was almost always Ivana who asked more questions”. | |
| The Times report did not accuse Trump of any illegal practice, but said analysis of the documents it obtained by tax experts suggested that by registering a loss of $916m, the businessman could have canceled out equivalent taxable income until 2013. | The Times report did not accuse Trump of any illegal practice, but said analysis of the documents it obtained by tax experts suggested that by registering a loss of $916m, the businessman could have canceled out equivalent taxable income until 2013. |
| I know our complex tax laws better than anyone who has ever run for president and am the only one who can fix them. #failing@nytimes | I know our complex tax laws better than anyone who has ever run for president and am the only one who can fix them. #failing@nytimes |
| Trump has refused to release tax returns, saying that he cannot do so as he is under audit, although that is no bar to candidates releasing such records. Clinton has released tax returns dating back to 1977. | Trump has refused to release tax returns, saying that he cannot do so as he is under audit, although that is no bar to candidates releasing such records. Clinton has released tax returns dating back to 1977. |
| In the first presidential debate, on Monday, Trump responded to Clinton raising the question of his tax returns. Clinton wondered aloud whether such records would reveal that Trump was “not as rich as he says he is” or “not as charitable as he claims to be”, or whether he had paid “nothing in federal taxes”. | In the first presidential debate, on Monday, Trump responded to Clinton raising the question of his tax returns. Clinton wondered aloud whether such records would reveal that Trump was “not as rich as he says he is” or “not as charitable as he claims to be”, or whether he had paid “nothing in federal taxes”. |
| Trump interjected: “That makes me smart.” | Trump interjected: “That makes me smart.” |
| In another tweet on Sunday, in reference to his Democratic opponent, Trump also said: “I have created tens of thousands of jobs and will bring back great American prosperity. Hillary has only created jobs at the FBI and DOJ!” | |
| In a statement issued on Saturday night, the Trump campaign did not deny the allegations in the Times report. | In a statement issued on Saturday night, the Trump campaign did not deny the allegations in the Times report. |
| The statement read: “The only news here is that the more than 20-year-old alleged tax document was illegally obtained, a further demonstration that the New York Times, like establishment media in general, is an extension of the Clinton campaign, the Democratic party and their global special interests. | The statement read: “The only news here is that the more than 20-year-old alleged tax document was illegally obtained, a further demonstration that the New York Times, like establishment media in general, is an extension of the Clinton campaign, the Democratic party and their global special interests. |
| “Mr Trump is a highly-skilled businessman who has a fiduciary responsibility to his business, his family and his employees to pay no more tax than legally required.” | “Mr Trump is a highly-skilled businessman who has a fiduciary responsibility to his business, his family and his employees to pay no more tax than legally required.” |
| “That being said, Mr Trump has paid hundreds of millions of dollars in property taxes, sales and excise taxes, real estate taxes, city taxes, state taxes, employee taxes and federal taxes, along with very substantial charitable contributions.” | |
| That list did not include the words “federal income taxes”. | |
| Clinton campaign manager Robby Mook said the Times report was a “bombshell” which “reveals the colossal nature of Donald Trump’s past business failures and just how long he may have avoided paying any federal income taxes whatsoever”. | Clinton campaign manager Robby Mook said the Times report was a “bombshell” which “reveals the colossal nature of Donald Trump’s past business failures and just how long he may have avoided paying any federal income taxes whatsoever”. |
| Mook added: “[Trump] apparently got to avoid paying taxes for nearly two decades – while tens of millions of working families paid theirs. He calls that ‘smart.’ | Mook added: “[Trump] apparently got to avoid paying taxes for nearly two decades – while tens of millions of working families paid theirs. He calls that ‘smart.’ |
| “Now that the gig is up, why doesn’t he go ahead and release his returns to show us all how ‘smart’ he really is?” | “Now that the gig is up, why doesn’t he go ahead and release his returns to show us all how ‘smart’ he really is?” |
| At his campaign rally in Manheim, Pennsylvania, on Saturday night, Trump did not address the Times report, which came out as he spoke. The Republican nominee for the White House instead produced an off-script performance in which he criticised a released recording of Clinton discussing Bernie Sanders supporters, made dire warnings of voter fraud at the general election and suggested Clinton might be “crazy”. | At his campaign rally in Manheim, Pennsylvania, on Saturday night, Trump did not address the Times report, which came out as he spoke. The Republican nominee for the White House instead produced an off-script performance in which he criticised a released recording of Clinton discussing Bernie Sanders supporters, made dire warnings of voter fraud at the general election and suggested Clinton might be “crazy”. |
| He also staggered around the stage, apparently in imitation of Clinton’s recently filmed misstep on the way to a car after leaving a 9/11 ceremony in New York, while she had pneumonia. | He also staggered around the stage, apparently in imitation of Clinton’s recently filmed misstep on the way to a car after leaving a 9/11 ceremony in New York, while she had pneumonia. |