Warren Buffett releases tax details after Trump's debate comment

Warren Buffett releases tax details after Trump's debate comment
 

US investor Warren Buffett has released his tax details after Republican candidate Donald Trump accused him of using loopholes to avoid paying tax.
Mr Buffett said he had paid income tax every year since 1944 following Mr Trump's assertion that he had taken a "massive deduction" during Sunday's TV debate with Democrat Hillary Clinton.
In 1995, Mr Trump claimed losses of $916m (£736m) to reduce his tax burden.
There is no evidence he did anything illegal.
Mr Trump was asked during the debate by moderator Anderson Cooper if he had taken advantage of the "carryforward"... read more

 
11 October 2016 in Business, Views: 39
Source: BBC
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