Hillary Clinton and Bill Clinton understand the IRS Tax system very well as they did the same thing that Donald Trump did, just a smaller number. Hillary Clinton also reported capital gains losses in order to lessen her tax burden through a “carryover.”
Page 17 of the tax returns show “Capital Gains and Losses” for “WILLIAM J CLINTON & HILLARY RODHAM CLINTON.”
The Clintons reported a “Long-term capital loss carryover” of $699,540.
Thus, the Clintons reported a “Net long-term capital gain or (loss)” of “-699,540.” by the way we can assume that it was all legal..
United Continental reported a $3.2 billion income tax credit in 2015 despite reporting pre-tax earnings of $4.2 billion. Due to the $4.7 billion in allowances they claimed because of losses in previous years, they erased their $1.5 billion tax bill.
Level 3 Communications got a tax credit of $3.2 billion in 2015 despite reporting a pre-tax profit of $283 million in the same year because of credits associated with losses at their own company and a company they acquired in 2014.
General Motors got a tax credit of of $1.9 billion, even though its earnings before taxes hit $7.7 billion. The company reported a federal income tax expense of $1 billion, but the tax bill became a credit due to a tax break the company got in connection with General Motors Europe.
These talking heads didn't pay taxes...
Now with that said, where very lucky that the two thieves even reported anything, most criminals hide their money in some mansion safe.. but if you want to be president you file, cheat, and still keep your money. The Clinton Foundation is stolen corrupt extorted blackmail money, hidden around the world.. Clinton's had a carryover loss of $699,540.00, ..
No comments:
Post a Comment