In the discussion thread: Could Rachel actually be a republican? [View all]
Response to brettdale (Original post)
Wed Mar 15, 2017, 02:34 AM
The Velveteen Ocelot (108,891 posts)
2. Did you pay attention to what DC Johnston said
about the Alternative Minimum Tax? $31M of that amount was paid as AMT, which Trump wants to eliminate. If it hadn't been for the AMT he'd have had to pay a tax rate of only 4%! (The AMT was created to prevent very wealthy taxpayers from taking advantage of certain loopholes so they are taxed relatively fairly.) Johnston and Maddow both made the point that the disclosure of tax returns is important for any presidential candidate so voters know what their financial situation is and whether that situation might cause them to favor changes in the tax code to benefit them personally. Now we know that almost all of Trump's tax bill was on account of the AMT, and we also know that he wants to eliminate it. That is kind of a big deal, IMO.
Oh, and what a ridiculous question - "Could Rachel really be a Republican"? Seriously? That's just insulting. Maybe you don't agree with the way she reported the story, and maybe it was over-promoted, but really... ![]() |
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