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Fox And Friends Was A Real Doozy On Trump's Taxes

"If you consider a billion dollars a lot of money," said Brian Kilmeade.
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I can't put it better than

Just watched @foxandfriends do a Bikram yoga stretch to explain Trump losing $1 billion and the pivot is amazing. These geniuses over here...

The segment opened with the trio reading Trump's spin tweets of the morning. The Tweets in which he calls committing tax fraud "a sport."

The President is pretty much saying that he used transactions w/out economic substance to inflate basis, overstate depreciation, and bilk the IRS. If anyone doubted whether House Ways & Means had a compelling oversight reason to see Trump’s tax returns, here you go

— Daniel Hemel (@DanielJHemel)

& just to be clear: Real estate developers were not "entitled" to massive writeoffs. They claimed massive writeoffs, & the IRS fought these substance-less claims in a decades-long game of whack-a-mole. E.g.:

— Daniel Hemel (@DanielJHemel)

They also planted nonsense about this "leak to the New York Times" being illegal. It isn't, it's protected sources. (I would guess a bank lender or perhaps Marla Maples.)

Then it's off to the races with excuses for Trump.

Brian Kilmeade made the statement "if you think a billion dollars is a lot of money," then made as if Trump's losses mean he has superhuman powers: "He's a bold businessman, which is chronicled here. ... I can't imagine having that much money, spending that much money, and being in debt. For him, it makes sense."

Ainsley Earnhart continued the gaslighting: "If anything, you read this and you're like 'wow, it's pretty impressive, all the things that he's done in his life.' It's beyond what most of us could ever achieve."

Beyond what most of us could ever COMMIT in terms of tax fraud, you betcha!


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