Donald Trump utilized the existing tax laws to legally minimize his tax obligation - just as millions of Americans do every year when they prepare their own taxes. Companies like H&R Block and Jackson Hewitt built their business on the promise that people who utilize their services will receive every legitimate deduction, and pay the least amount of tax allowable under the law. No one walks into an H&R Block office and tells the tax preparer: “make sure I pay as much tax as possible.”
Donald Trump made no money in 1997 ... If a business makes no money in a year, they should not pay any taxes that year. What Clinton seems to be saying is that even if a business makes no money in a given year, they should still pay taxes because taxes support our troops.
Hillary Clinton is proposing to make every single business in America pay taxes, whether they post a profit or not.
It’s as simple as that.