Trump's tax writeoff shows his 'genius' at business, advisers say

Trump's tax writeoff shows his 'genius' at business, advisers say
 

Donald Trump's decision to take a $916 million loss on his 1995 income tax return showed his business acumen and "genius" at figuring out how to minimize his tax bill, two of the Republican presidential candidate's advisers said on Sunday.
"This is a perfectly legal application of the tax code. And he would have been fool not to take advantage of it," said Rudy Giuliani, the former New York mayor who is one of Trump's advisers.
Speaking on the ABC program "This Week," Giuliani said that as a business owner, Trump has a "fiduciary duty" to the... read more

 
2 October 2016 in World News, Views: 34
Source: Reuters
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