Quote (IgoSoHard @ 2 Oct 2016 11:58)
If it's on her campaign website it must be true, I mean it also says she's honest & trustworthy :rofl:
HfA blatantly lying in the headline too
nonetheless - how dare someone take advantage of the tax law (laws that are the result of elected officials and their policies, such as Se(c) Clinton herself)
meanwhile Bernie is doubling down on Hillary (C)linton calling his supporters basement dwellers who are too stupid to figure out how to get a job in this horrid economy
e:
http://www.forbes.com/sites/jeffreydorfman/2016/01/31/new-york-times-hypocrisy-on-corporate-taxes-reaches-record-high/#8ab10b065775Code
for tax year 2014, The New York Times paid no taxes and got an income tax refund of $3.5 million even though they had a pre-tax profit of $29.9 million in 2014. In other words, their post-tax profit was higher than their pre-tax profit. The explanation in their 2014 annual report is, “The effective tax rate for 2014 was favorably affected by approximately $21.1 million for the reversal of reserves for uncertain tax positions due to the lapse of applicable statutes of limitations.
looks like the NYSlimes has no issue with following the legal provisions in the tax code to use prior period losses to offset future gains
This post was edited by excellence on Oct 2 2016 10:13am