Donald Trump On Tax Loophole: I Absolutely Used It | CNBC
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- Опубліковано 8 жов 2016
- At the second presidential debate, Republican candidate Donald Trump answers questions about his tax write-offs.
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Donald Trump On Tax Loophole: I Absolutely Used It | CNBC
I couldn't think of a better answer than what he gave here. No wonder he won.
Yeah!
¡This fat, criminal, orange clown always has the answer!
¡Oh well eh!
Let's now wait and see how he's going to answer when he is going to testify about his dirty doings,
He won because he's not a frivolous crooked politician like Hillary
@@greattubing2880 is that the only thing you got from his answer? he just clearly mentioned the Govt allowed him to do it. People like Hiliary allowed them to use the Loophole.
How can hating one man can blind so many people to the truth he said?
I think you got problems understanding stuff@@Aechellies , or you choose not to understand
@@greattubing2880 i am not the one missing the point. But if aim having problem in "understanding stuff" then go ahead enlighten me
"and with that, a star was born" -Dave Chappelle
"No one had ever seen someone come from inside that house, and tell the commoners, 'We are doing everything you think we are doing inside that house.'
- Dave Chappelle on why people love Trump.
Exactly.
Yep… exactly how I found this clip. And his haters don’t get it. They have no idea.
This question backfired lol. His answer strengthened his position
The fake news didn’t expect him to tell the truth
ua-cam.com/video/BE-w0IkKl3c/v-deo.html. LMAOOOO
@@futurereflections4097 he never has told the truth. LMAOOOO
@@redrockhigh1 You don’t think he used tax loopholes created or allowed by politicians?
@@redrockhigh1 He was trying to troll. I thought it was kind of funny but inappropriate for the times
"Of course, I do. Of course, I do"
That absolute confidence & bravado he said those words with no hesitation at all
Now I understand better what Dave Chappelle said in his show
Doesn't look so confident now he's in court and being sued for tax fraud! Haha
@@footballnerd277look this one actually thinks the justice system is legitimate!
@@footballnerd277 How's that tax fraud going, huh? Seems like someone else got indicted and Trump wasn't. For the upteenth time.
I came here just after watching that short video of Chappelle.
@@footballnerd277how’s that working out
Such a bs case
It’s like they use the justice system to bullshid people and make someone like trump look bad to sheep like you
the way he answered this was perfect, not a fan but damn he completely turned a hard question into ammunition against her in a very clear an concise way. Whether or not it’s true it’s perfect from a political perspective
revelation
グラノード広島(granode hiroshima)
大和ハウス工業(daiwa house group)
シーレックス(seerex)
テイケイ西日本(teikei west japan)
裏社会(underworld)
広島県警察(hiroshima prefectural police)
公安警察(security police)
検察庁(prosecutors office)
草津病院(kusatsu hospital)
岡田外科医院(okada surgical clinic)
It's true. Her (and every politician's) donors benefit from the current tax laws, nobody is going to change them.
No one cares if you're a fan or not. Your praise isn't suddenly worth more than praise from an actual supporter.
@@Erich__888 8 month old comment. Still living rent free in your head. Presumed objectivity does improve credibility. Logic makes that clear, clearly you lack the ability to use logic
it is true obviously blatantly true
here after the dave chappelle monologue
🤝
LMAOOOOOOOO ME TOO
It really yook dave chappelle to make you look at yourselves the same way everyone described Trump during his presidency.
@@bsdnmd what?
@Bsd Nmd I think you are missing the point. Behind all the vitriol, the tweets, the divisiveness was the thing Chappelle talked about. It got lost in the shuffle. For those of us that don't support the man and what he stands for, we couldn't understand how anyone could vote for him. However, when Chappelle did that monologue, we all went, "Oohhh. That makes sense, but but I don't remember him saying that." And that's why we are here now.
As a CPA, I hate the term “tax loophole”, it implies that someone is circumventing tax law through some clever deceptive trick. “Loopholes”, in this sense of the term, literally do not exist in the tax code. There are explicitly written tax rules that might be heavily favored towards wealthy people who were able to lobby for those rules. That does not make those rules loopholes. If you have an issue with that, then you have an issue with the tax law, not the person who is legally exercising their right to take advantage of that tax law as it is written.
You have hit the nail on the head . This is why all of his talking is FRUAD . He did not pay any taxes for 15 years . Trump is now convicted and found guilty of tax fraud . He wont see a day in prison that's the sad thing .
100% correct. They are not loopholes, they are 100% legal rules allowed by the tax code
Semantics. Still rules that benefit the few that aren't made out to be common knowledge. May as well be loopholes
@@VoteSovietBear The point is that Donald wasnt lying and he wasnt cheating. He was using the rules they gave him. At least hes calling it out that they did it for 30 years and hillary has been a senator for decades. She helped WRITE the law that Trump uses
@@VoteSovietBear Ya you’re missing the point. It’s not that tax law is fair, it often isn’t fair at all. But if that’s your opinion, you should direct your anger at lawmakers and congress, not the taxpayers following the rules legally.
They thought they got him with that question.....😂
They have got him now they've found him guilty of tax fraud. Doesn't look so smart now he's about to lose his entire business empire!!
Donald J trump. Best president since Kennedy
@@jesseytizapa734Best President ever
😂😂 they thought they had him
If you're paying a whole lot of taxes of course you'll try to avoid it.
In general everyone tries to avoid taxes regardless of how much they pay
@@WhiteNoiseChannel111 exactly, almost everyone has broke the tax laws before.
@@cdheuebe737 no I'm not talking about breaking the law, I'm talking about all the legal ways to reduce the tax you pay (deductions for example).
@@WhiteNoiseChannel111 I know, but I still think almost everyone has broken the tax laws before
@@cdheuebe737I wanted to disagree but then I actually thought about it. Just ask every food server who works off of tips if they claim all of their income at the end of the shift.
Who else came here after watching Dave Chapelle's SNL 2022 monologue?
Damn spot on sir
That funny bit ripped this out of the memory hold of the democrats!!
I did indeed
So we are the new test subjects
@@bourbonderben5362 we only know that we are test subjects because the aliens told us so.
Hypocrites all of them.. who wouldn’t use loopholes if they are offered. Use your brains people he’s a businessman. He was right- not paying taxes did make him smarter then the rest
How 'bout now 🤣
Hows that boot taste?
@@vincentjamesdude enjoying the gas prices are we?
@@Zak-bv4qm How does being a moron taste? Name one single person who refuses to take a tax write-off. Even you take as many as you can.
@mistermodified1 so you’re a hypocrite
After running my own business for years I completely agree. The fact of the matter is: when you work for someone else you have zero right offs, because you’re being handed checks. The second you own a business you’re able right off basically anything legally. I bought a new computer, so I now don’t have to pay $1000 in taxes cuz I use for my business too. Many many more examples I can give
LMAO
@@redrockhigh1 what’s so funny ? It’s true. I don’t own a business but I have friends who do. It’s not a big corporation, it’s a small business and if the USA wants to continue making us the worlds number one economy, then they need to give them tax incentives or else we take our business else we’re and then let seee what happens to its people. People who move to America are chancing the American dream. That’s what America was founded on and means. Why do you think so many immigrants come here ? Nobody in there life once said, I want to be broke when I grow up.
I’m a little confused as to what business you own where you wouldn’t need to know the difference between the words “right” and “write”.
In my country taxation take more than half of my earnings as a business owner. And also my country has terrible services. It's a rip off. If I see an opportunity I will evade taxes. Its unfair to work more than 50 hours in a week for our crappy government take 25 of these hard working hours away and give it to politicians and their friends.
@@EM-hr3sg Id bet you don’t make much money working for the grammar police, that guy probably makes more than you
This is the Trump that could have won over Biden. Idk what happened to him at the debates, but he should have just shut up and let Biden talk.
Those who choose safety over liberty deserve neither. We all know Trump won
What happened to him is that he got into office and began enriching himself and developing a cult following of very poorly educated and hateful people and he didn't know how to distance himself from that because that's what strokes his ego. Even running against a corporate dem like Biden, we were lucky that after 4 years of his disastrous time in office most sane people would not vote for this con man, at least not enough to re-elect him. Hes a con man, always has been always will.
He was an a****** to just democrats back then. In 2020 he was an a****** to everyone.
He got nervous with all the investigations throw at him and COVID.
Nah not after COVID. It wouldn’t have worked. That whole stick doesn’t work once you gain power.
Edit: wouldn’t
I became very interested in what Trump had to say after this and the first 3 years he was in office hands down was the most financially stable I've ever been
Hate the guy or not, its without question everyone's 401ks we're doing much better with him as president.
@@Salesman things were going well under Obama, there was no significant uptick in economic factors through trump, then we had a pandemic and global recession, which no president is in control of.
@@TheEgotisticalJake depends who you talk to. The numbers show a lot of people lost their homes during the Obama administration, but again, it depends who you talk to.
Regardless, there are good and bad with every president. It's not an easy job at all.
Same I was making over 8k a month in sales now I’m at 4500
Well we're not far from a new selection, I hope you get an upswing mate@@bricesuire5072
Dave Chapelle’s opening monologue on Saturday night live brought me here
Good luck to the USA on getting a leader this transparent and honest ever again. Morons prefer a knife in the back and lies through a sweet smile over honesty and say-it-like-it-is roughness.
Not a fan of the guy but this was brutal.
It's easy to be brutal when lying, that's all he does and ppl fell for it because it sounds "tough".
@@torguy5763
What? He is literally being honest about benefiting from the so called “tax loophole”, he is not trying to hide or deny it.
@@torguy5763 again, not a fan of the guy, but he is not wrong.
@@torguy5763 Are you stupid?
You think he lied so in reality he has not used the holes in the tax code?
🤦🏻♂️
@@Glenhh Yea okay buddy
In hindsight, the debates are the main reason he won
You do know that trump is being indicted real soon. Everything you hear trump say is a 100% LIES
this is the bit dave chappelle talked about. damn 😂
When dumb questions get smart answers.
Watching Dave Chappelle SNL skit about trump stardom is hilarious
He just taught us how they get out of paying taxes, and if you listen he teaches you how to. And he busts them all out. Bravo.
YOUR BLIND
@@jeffmullinix7916 Pretty sure I'm not the one writing in all caps,.
@@chaznonya4 Now your just am idiot .
There's already books on it. No wonder you're poor if you just finding out now
@@dannyx498 Do you assume much? A: Who says I'm poor.
B: Who says I just this very minute found out?
CNBC thought we were gonna be shocked 😂 Of course ALL the rich use tax loopholes.
Any business owner uses tax loopholes, work for yourself, why waste your time making someone else rich?
He doesn't just use "loop holes" though does he? He also takes it further and breaks the law.
Hence why he's now been found guilty of tax and bank fraud.
@@footballnerd277lies
@@footballnerd277 It's a political witch hunt.
Absolutely legendary. This is why people actually liked Trump. He said you’re damn right I used what your donors wrote!
absolute gold
because he broke the law? WOW
@@redrockhigh1 it's not against the law. that's the entire point of the video
@@redrockhigh1 I hope you didn't pass your dumb genes to that kid
revelation
グラノード広島(granode hiroshima)
大和ハウス工業(daiwa house group)
シーレックス(seerex)
テイケイ西日本(teikei west japan)
裏社会(underworld)
広島県警察(hiroshima prefectural police)
公安警察(security police)
検察庁(prosecutors office)
草津病院(kusatsu hospital)
岡田外科医院(okada surgical clinic)
This aged like fine wine.
Absolutely eviscerated her. She just sat there and took it. My god. I'm not a Trump fan I think he could word things better but he did a good job while he was in office.
I can't stand Trump. But everything he said here was right.
“He’s a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side. No doubt about it-Jeffrey enjoys his social life.”
He did a great job. what are you talking about? Inflation was almost non existent. Jobs came back. The good paying jobs, not McDonalds. People got off welfare and small business was at an all time high. And don't even get me started on gas and utilities.
He's done a better job than any president in my lifetime and I'm in my 50's.
@@Saxxin1 never said he did a bad job, I said I don't like how he conducts himself.
How?
They’re terrified of him.
They won’t let him win anything.
"I won't mention their names because they're rich bur they're not famous. So we won't make them famous" 😂😂😂😂
Most rich people do not want to be famous, you can get away with a lot more without the media spotlight.
Imagine being told the interview questions before hand, having the moderators completely on your side and still being destroyed by Trump. 😅
He’s a smart man. He taught many famous wealthy people how to use it as well.
Wow, is that a good thing ? 😂
@@donjoseph9325 would you not do the same if you were wealthy?
@@mateocanizares6741 it’s your mindset in others and yourself , that’s the real problem . And with the same mouth, you brag about middle class rights, joke !
@@donjoseph9325 Yes
@@ZapparoniWorks nope it’s not, listen my friend , billionaires and millionaires, they ain’t your buddies …..
Thumbs up if you are here after the Chapelle monologue. 😀
Every business in America does what he just said. It’s not a hidden thing…
If that's the case why was the trump org charged on all counts?'
@@redrockhigh1 because you can still over the step the bounds of working the tax code. The guilty verdict is no different then being audited and having to pay penalties. They literally fined the company a max of 1.6 million. That’s an absolute joke.
@@redrockhigh1 not to mention it was a “scheme” that took place over 15 years. Must’ve been some big scheme if they’re only looking for 1.6 million over something that took place for 15 years which comes out to just hardly over $100,000 a year… of course the media is blowing up literally nothing. A no name car dealer had to pay a $10 million dollar fine for junk fees and no one heard about that but a 1.6 million penalty is world news. Give me a break
@@_Tommmmmm_ do you not have access to the news?
@@redrockhigh1 I read the cnn article.
Any person with common sense would take any opportunity to LEGALLY avoid taxes. These loopholes are created by politicians lol . Government doesn't even spend our tax money efficiently anyway so why tf would you even pay more of your hard earnt money.
Yeah, it would be nice if these crooked, lying politicians would emphasize how our government spends our taxes better than whining about some billionaire using loopholes like they do.
www.cbsnews.com/news/trump-organization-trial-verdict-tax-fraud-charges/
😂 the way he turned around the question on his favor, whoever doesn’t love his brains has something off 😂
“It’s called being smart.” 😂😂
It is always moral to legally avoid taxes whenever possible
And now he's been found guilty of using illegal means to avoid taxes. What are you thoughts now on his "morals" I wonder?
@@footballnerd277 I’m looking online but I can’t find any court cases about tax evasion, could you point me towards a source to learn more?
@@footballnerd277 Okay I think I’ve found what you’re referring to, the criminal case in which Trump Corp. was found guilty on multiple charges of criminal tax fraud and falsifying business records earlier this year between December 2022 and January 2023, the first time that Trump Corp was found guilty on any charges.
However, the courts were clear in identifying that Donald Trump himself was not the one convicted, it was multiple of the top executives of Trump Corp not related to him or his family who had been found using illegal means of avoiding taxes.
“Donald Trump and his family were not charged in this case” -CNN
“Every witness repeatedly testified that President Trump and the Trump family knew nothing about Allen Weisselberg's actions” -NPR
“Trump himself was not on trial” -Associated Press
So it appears that Donald Trump was actually *not* “found guilty of using illegal means to avoid taxes”. Is there a different court case you were referring to?
@@footballnerd277 law doesn't dictate morals
i miss this trump
Thanks Chapelle
Wow, well said.
And with that, my friends, a star was born
~ Daddy Chapelle
This is why they had to get rid of Trump, too much truth on display
Based
LMAOOOOOOOOOOOOOO
@@redrockhigh1 did he lie?
@@redrockhigh1 very productive addition to the topic, much appreciated.
As someone who doesn’t really like Donald Trump, I respect him being totally honest about this. Most politicians and billionaires, both Democrat and Republican, use this tax loophole and never tell anyone. And they’ll never fix it because they use it all the time.
It’s Legal for any American to use if your a business owner or just understand and can work the system that’s these things are built into the system and everyone who can uses them so it’s funny to me how they ask trump like it’s a bad thing he’s doing when they do the exact same thing as him and anyone who could would as well
@@Anomaly-uz9pr > it's legal for any Americans to use this.
If you happen to have millions of dollars. How about don't tax the proletariat at all if Donald Trump is so against taxation? He's just like the Democrats, a lying tyrant.
I love how Chappelle described this
Hold up He actually had points and Hillarys face was literally 😳 I'm dead
Best way to avoid paying taxes? Don't work. lol
Yes LOL
Get arrested, free meal and shelter.
@@keif9447 Just like those "migrants" that keep crossing the border to the point where Abbott and DeSantis have to ship them off to places like DC and Martha's Vinyard.
That was pretty spot on
Smart man. Of course one should use every legal avenue to reduce their taxes.
Aaaaannnddd now he's been found guilty of using illegal avenues. Not so "smart" now is he?
If you can legally get your taxes down you would be an idiot not to. Why would you give more money to the government if you don't have to?!
According to the idiots supporting democrats the government knows how to best use YOUR money so according to them one should pay most of THEIR money to the government
That look on her face. At least he’s honest as hell about it. Of course use it 😂
Anderson tried a "gotcha" moment and it backfired
Depreciation is such an important expense. It’s a reality.
This is literally the most honest he ever was
He was right about covid made in lab, nobody cares bout covid anymore just like he didnt from start, right about germany taking oil from germany, right about unfair twitter ban. Mainstream media hated him
LMAOOOO
He was honest on a lot of other things but he’s a dangerous threat to the elites so of course they have to make him look bad.
@@onetruth5073 lol according to him he is the elite lol
Except for that stuff about a rigged election..?
Shhhhh you are now watching a master at work. He didn’t duck the question and answered it straight on honestly
The moment that started to change my mind.
"Congratulations. Great Job." Sick burn!
I remember when Romney was running for POTUS. People were complaining how unfair it was that he had money in offshore accounts and he didn't have to pay taxes on it. They were talking like he was getting away with something. And even back then I told people that if what he is doing is legal, then why blame him? Why not blame those who made it legal in the first place? So when Trump said this, I knew how smart of a businessman he was. And I decided to vote for him. Man, I miss having money in the bank and cheap prices.
At least he is honest.
Honestly I would rather someone who's smart enough to use a tax loophole to their advantage to be our president than someone who doesnt.
It's not a loophole. It's law. Deliberately written for purposes of tax avoidance, not evasion.
It's not a loophole. He broke the law, hence why he's being sued for tax/bank fraud and is about to lose 100's of millions of dollars.
Real "smart" isn't he.
@@footballnerd277 He didn't break the law.
@@footballnerd277my friend, he is using the write off to the full extent of the law. And really, who doesn’t fudge their taxes? Broke people don’t
Owned.
Any wise person wants to keep what they’ve worked hard for, I bet anyone here would pay no tax on their income this year if they could. It’s not dumb to not want to give your hard earned money over to the government.
ua-cam.com/video/BE-w0IkKl3c/v-deo.html
Your comparing a huge corporation to an everyday person? Lol
@@redrockhigh1 Trump is a person.
@@ZapparoniWorks yes, one who is in a lot of trouble!!
@Kim Dallas Damn Kim go off girl! Trump living in your head rent free!
Dave summarize this really well
Seeing Hillary and the moderator squirm is hilarious 😂.
The fact that people dislike this guy is nuts. He just uses the system because there are many loopholes.
Yes I mean If there is a way for me to legally pay less tax, I would
The problem people usually don’t have good points they’re just speaking the truth right or wrong if you can’t be manipulated you will be silenced but they overestimated how few truth seekers there are there’s no fan culture in this if your a whole person you can’t value any other person more than yourself
thanks, your the greatest
Honesty
His debates were an absolute joy to watch
At least he was not lying
What people call loopholes, I call best practices. If it's within the tax law, use it. Why should you pay more taxes than you owe?
What a legend
*crook
If you're serious you should stop taking those medications, and change doctor my boy!!)
“He’s a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side. No doubt about it-Jeffrey enjoys his social life.”
@@mateusmenezes4628 So let's say you are right and he knew about Epstein, why tf would he admit it to some random lowly reporter? Like murdering someone and telling them how you disposed of the body
the only tax loopwhole I can think of is bottom quintile on the Tax code PAYS NOTHING!
Dave Chappelle just got trump a lot more votes.
They just werent ready for that honesty!
Let’s see Hunter and Brandon’s tax returns.
Best president ever. He points out the system, points out those that use it, and says if you don’t like it change it.
Tell me three good things he has done.
only three!
¡PLEASE!
Best president ever? 😂 What did he accomplish in 4 years? Absolutely nothing. He's ALL talk
@@ahmedkamel626yeah lmao that’s the ironic part. Everything he said about the system and Hilary in the video was true but he himself also didn’t really do much and he arguably did more damage to our country than help it. I think what his 4 years did show tho was that the deep state is real and the govt is a mafia of people who have tremendous power and influence and are all legacy people who were never voted in by anyone.
@@ahmedkamel626 Tax cuts, booming economy via renegotiated trade agreements, prison reform, HBCU funding, & no new wars, just to name a few. But ok, continue basking in your little echo chamber bud
@@greattubing2880 Energy independence, that your demented grandpa Joe has since destroyed… how y’all can still genuinely sit here and think Joe is a better president than Trump is incredible. Wake up 🐑
Spittin bars
Guy helped me make the most money in sales I was making close to 8 thousand a month and people were buying. They say a product is only as good as the message it comes with. My pitch has remained the same with energy and coercion. But the customers have dipped in affordability. So now I’m at 4500 a month not even enough to live the same life I was before.
The laws r deliberately complex for the ones hu know how to manuever, circumvent, subvert in their favor
He did it LEGALLY
My moms Ex didn't pay Taxes for 10 years and never got caught 🤣🤣
Personally not the biggest fan of Trump and I'm left leaning but this is a great answer that you won't get from either side from institutional politicians. People are tired of bribed career politicians, which is why Trump won and why the DNC had to blackball Sanders from winning the nomination.
I think regardless of political view, most Americans are against crony capitalism, super PACs and lobbying, where the rich have the political power and not the vote.
“I want to marry her just so I can cheat on her. She’s just that awful”
Patrice O’Neal
Cant lie, Trump is the most honest here. LMAO. Being brutally honest is better than lying to your audience.
Here Ladies and Gentlemen A Star Was Born
When something is legal n you know it 😂😂
Watching this in 2023, he was absolutely right in his every single sentence.
Even if you don't like Trump, you have to admit this is the most badass moment in presidential history.
I think "you're no Jack Kennedy" was better. But yeah, that was a good response.
It was good. I don’t know about of all time though.
Honestly, I loved how he attacked Jeb in the Republican debates, got booed by the audience, then proceeded to point out that the noise from the audience was all the lobbyists and special interest people who deliberately hogged up as many seats as possible to make their establishment candidate look like the popular candidate during the debates.
I’m surprised they left this up
There are no "tax loopholes." Everyone should work within the law to reduce their tax liability.
Trump has been consistent in his views (for the most part) his entire life
“He’s a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side. No doubt about it-Jeffrey enjoys his social life.” Trump on Epstein
That’s not true lol, he used to be a democrat, independent, was a Republican before that too. But since the end of the 2000’s yes
Did you forget that Trump was president for 4 years and did nothing but give MORE tax cuts to the rich and powerful?
@@mateusmenezes4628 Epstein is a pedophile and trump isn't, this quote means nothing, of course rich people will network lmao
@@mateusmenezes4628 He was hinting to people that Epstein was a pedophile even back then. Based!
I miss the honesty that Trump had...
You know they don’t want this video to be seen when there’s only 347 likes and 23k views. Numbers don’t add up
I said, "GOT DAMM!!!" -Dave Chappelle anout Trump during this speech
😂😂 I actually came from a mirror of that short.
all hell's about to break loose. you heard it here first.
Huh
bruh
I miss him
He knows their game
Oops, Hilary wasn't expecting that 😅
Congratulations, great job!
I love his sarcasm at the end 🤣 he's a great leader and we need him more than ever !