Four years is forever in the world of politics. We’ve seen shifts in ideology happen in months, even weeks, so the thought that actions today can dramatically affect an election nearly four years away is ludicrous, right? As fickle as American voters seem to be, there’s one thing that works in spite of the passage of time: recorded sound bites.
For all of the good that the anti-establishment insurgent candidates, Ted Cruz and Donald Trump, have done to change the conversation and turn the country in a different direction rather than the status quo political talking points normally associated with Presidential elections, one thing that hasn’t been discussed nearly enough is the tax code. It’s abysmal. It’s outrageous. Even worse, it’s only going to get worse under Hillary Clinton or Bernie Sanders.
For a mega-rich billionaire like Donald Trump, most Americans would expect that his income tax bill is probably yuuuuge. A few million? Tens of millions? HUNDREDS of millions? In reality, it’s very likely that Donald Trump actually MAKES money from federal income tax deferments based upon an obscure loophole in the 6500 page tax code.