Pat Buchanan, writing at The American Conservative takes a look at how things stand.
In taking that $915 million loss in 1995, and carrying it forward to shelter future income, Donald Trump did nothing wrong. By both his family and his business, he did everything right ‘’
This writer’s father spent his career as a tax accountant who studied tax codes and utilized every permissible deduction to keep his clients’ tax bills as low as legally possible.
That was his business, as it is the business of every accountant, including those who prepare the returns of the politicians and journalists piling on Trump as some sort of scofflaw tax cheat who has evaded his moral obligations to the state.
One needs a machete to cut through this hypocrisy.
Trump is new to national politics. Yet, with all the mistakes he has made, and all the savagery of the media attacks upon him, he is still, remarkably, very much in the race for president of the United States.
That his crowds remain huge and his following loyal, and that he remains competitive, testifies to the depth of the detestation of our cultural, political, and media elites out there in Middle America.
What happens to America, if the uprisings and rebellions in the two parties—Donald Trump and Ted Cruz in the GOP, the Bernie Sanders revolt in the Democratic Party—are turned back, and we get in 2017 the same old people and same old policies we repudiated in 2015 and 2016?