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Published: Wed, October 05, 2016
Economy | By Melissa Porter

Trump tries to regain footing after week of trouble

Trump tries to regain footing after week of trouble

What he doesn't say is that it's rigged in his favor, and in the favor of people like him - and against regular people, those of us who earn money, pay income tax on it, and financially support the country in which we live. And that "everybody" cheats on their spouse?

On Saturday, the New York Times published a report that in his 1995 tax return, Trump declared a $916-million loss, a move that could have allowed him to pay no federal income taxes for almost two decades afterward.

"As one of the tax experts explained to us, if one of his clients brought him a tax return that looked like [Trump's] in 1995, he would be saying to him 'congratulations, you can make $916 million and not pay a single nickel in taxes on this, '" Barstow said.

To keep things relatively simple, I'm telling you what I see in Trump's returns, based on my decades of experience parsing financial filings. Clinton asked the crowd in Toledo.

In Ohio on Monday, Clinton once again suggested that Trump must be covering up something. The campaign also said Trump has paid "hundreds of millions of dollars" in other property, sales, real estate and local taxes.

The bad polling news for Donald Trump kept pouring in on Monday night as the latest CBS News/New York Times poll has Hillary Clinton opening up a four-point lead over the spray-tanned GOP nominee.

Donald Trump began a speech here in this southern Colorado city with a pointed defense of his personal taxes, two days after The New York Times reported on what he called "alleged" tax filings.

Other presidential candidates, including Mitt Romney in 2012, intentionally opted not to take certain tax deductions, meaning they ended up paying more than necessary in the strict legal sense.

The Journal's new poll actually shows Trump and Clinton in a margin-of-error race, with Clinton at 35 percent and Trump at 31 percent.

"Being a good debater doesn't necessarily help your candidacy for president", said Peter A. Brown, assistant director of the Quinnipiac University Poll. "At the time of the worst financial crisis in OH in 2009, he would have let you twist and fall", she said.

At a campaign rally on Monday, Hillary Clinton skewered Trump's claims of being a "genius" businessman.

If true, the report based on documents leaked to the Times is proof of the tycoon's "absolute genius", former NY mayor and Trump surrogate Rudy Giuliani said. "Mr. Trump was highlighting the challenges veterans face when returning home after serving their country".

Clinton also mocked Trump for his massive losses during the 1990s, saying they undercut Trump's claim that he is a successful businessman who can help revive the U.S. economy. "But Donald Trump holds his lead in OH and stays close in North Carolina while she retains her small margin in Pennsylvania". "Period", she said on Twitter. "But Donald Trump holds his lead in OH and stays close in North Carolina while she retains her small margin in Pennsylvania".

The Republican has said he plans to be "even nastier" about former president Bill Clinton's affairs to "unnerve" Clinton in the next presidential debate.

Trump has defiantly dodged mounting questions about his tax record.

Hillary Clinton was back in OH for the first time since Labor Day on Monday.

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