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When it comes to paying taxes, Donald Trump is no Warren Buffett. 2016 Town Hall Presidential Debate: Part 4 12:27 During Sundayrsquo presidential debate, Trump acknowledged claiming a $916 million loss in 1995 to avoid paying personal federal income taxes for years, and compared the approach to that used by wealthy backers of his opponent, including Buffett.By Monday afternoon, the billionaire investor offered a public rebuke to Trump, releasing a statement Monday entitled Some Tax Facts for Donald Trump, saying he had paid federal income tax every year since 1944 -- when Buffett was 13 and, being a slow starter, owed just $7. I have copies of all 72 of my returns and none uses a carryforward, said Buffett of the strategy used by Tr stanley taza ump to uses losses incurred one year to offset gains in subsequent years.Buffett said his 2015 return shows adjusted gross income of nearly $11.6 million and federal income tax of a little over $1.8 million. His $5.5 vaso stanley million in allowable ch stanley thermos mug aritable deductions were a fraction of the nearly $2.9 billion in charitable donations he said he made last year. I have been audited by the IRS multiple times and am currently being audited, wrote Buffett. I have no problem Vfhh John Kerry: Next president won t undo U.S.-Cuba thaw
Barack Obama reveled Thursday in his newfound status as the likely Democratic nominee and signaled that Republicans face a fierce fight over Virginia this fall, a state long-held by the GOP. I m proud of America for giving me this opportunity, but we ve still got work to do, the Illinois senator told a crowd in this southeastern city of about 20,000 on the bor stanley tazas der with Tennessee.Obama was holding two events in the Southern state where Democrats sense opportunity this year given several years of the party s inroads fueled by the population-swelling, liberal-to-moderate northern swath of the state. The last time Democrats won Virginia in a presidential election was 1964 when Lyndon B. Johnson was the nominee. George W. Bush comfortably won the state twice, but he lost the northern part to Democrat John Kerry four years ago. Voters there were critical in helping Democrats retain the governor s mansion in 2005 and seize a GOP-held Se stanley thermobecher nate seat in 2006 that gave Democrats control of Congress.Two top Democrats whose names also have been mentioned as possible vice presidential candidates - Gov. Tim stanley cup becher Kaine and Sen. Jim Webb - as well as Mark Warner, a former governor running for an open Senate seat, were campaigning with Obama at least one of the two events. The second is an outdoor rally in the northern Virginia town of Bristow. Obama campaigned in Virginia two days after clinching the Democratic nomination, and a day after his fallen riva
When it comes to paying taxes, Donald Trump is no Warren Buffett. 2016 Town Hall Presidential Debate: Part 4 12:27 During Sundayrsquo presidential debate, Trump acknowledged claiming a $916 million loss in 1995 to avoid paying personal federal income taxes for years, and compared the approach to that used by wealthy backers of his opponent, including Buffett.By Monday afternoon, the billionaire investor offered a public rebuke to Trump, releasing a statement Monday entitled Some Tax Facts for Donald Trump, saying he had paid federal income tax every year since 1944 -- when Buffett was 13 and, being a slow starter, owed just $7. I have copies of all 72 of my returns and none uses a carryforward, said Buffett of the strategy used by Tr stanley taza ump to uses losses incurred one year to offset gains in subsequent years.Buffett said his 2015 return shows adjusted gross income of nearly $11.6 million and federal income tax of a little over $1.8 million. His $5.5 vaso stanley million in allowable ch stanley thermos mug aritable deductions were a fraction of the nearly $2.9 billion in charitable donations he said he made last year. I have been audited by the IRS multiple times and am currently being audited, wrote Buffett. I have no problem Vfhh John Kerry: Next president won t undo U.S.-Cuba thaw
Barack Obama reveled Thursday in his newfound status as the likely Democratic nominee and signaled that Republicans face a fierce fight over Virginia this fall, a state long-held by the GOP. I m proud of America for giving me this opportunity, but we ve still got work to do, the Illinois senator told a crowd in this southeastern city of about 20,000 on the bor stanley tazas der with Tennessee.Obama was holding two events in the Southern state where Democrats sense opportunity this year given several years of the party s inroads fueled by the population-swelling, liberal-to-moderate northern swath of the state. The last time Democrats won Virginia in a presidential election was 1964 when Lyndon B. Johnson was the nominee. George W. Bush comfortably won the state twice, but he lost the northern part to Democrat John Kerry four years ago. Voters there were critical in helping Democrats retain the governor s mansion in 2005 and seize a GOP-held Se stanley thermobecher nate seat in 2006 that gave Democrats control of Congress.Two top Democrats whose names also have been mentioned as possible vice presidential candidates - Gov. Tim stanley cup becher Kaine and Sen. Jim Webb - as well as Mark Warner, a former governor running for an open Senate seat, were campaigning with Obama at least one of the two events. The second is an outdoor rally in the northern Virginia town of Bristow. Obama campaigned in Virginia two days after clinching the Democratic nomination, and a day after his fallen riva
