I wrote this on a Facebook status regarding Trump and his taxes:
Again, no accountants on TV, just journalists, spinmeisters, and politicians, talking about taxes. No one thinks to bring in an actual expert in the field.
Part of one of the responses from a very liberal former jelly was this:
As an Accountant, I actually think having an accountant on TV to explain how Trump could use a nearly billion dollar loss in 1995 to avoid paying Federal taxes for 2 decades is a bad idea for a number of reasons.
1 – tax accounting is mind numbingly complex and dull. No matter how much you simplify it, maybe 3% of people would get it and none of them support Trump.
2 – The more you understand what happened here, the better it makes Trump look, and we can’t afford to make him look like anything other than the lowest form of scum. You can call that liberal bias, but since the media gave him a year of free publicity that he was able ro spin to his advantage, I’m not going to cry foul if they take him down a few of the pegs they lifted him up by.
3 – a nuanced explanation of how and why its actually not only legal, but completely honest and above the board for Trump to have used this loss to avoid future taxes, focuses on that part of the story that overshadows the two real issues, which Clinton should be hammering away at, but because she’s a shitty candidate she won’t.
Politics, particularly when the voters you’re trying to reach are stupid enough to think someone like Trump would in any way be an acceptable President, works best when you dumb it down and spin it. You need to use emotions….how come you pay your taxes but the billionairre doesn’t? If you answer that by saying because his tax people are smart enough to do it without breaking laws, you enforce the Trump good, Clinton bad grunt grunt mentality.
But if you say, “what kind of businessman loses a billion dollars in a year…how smart can he be?” then you’ve thrown some red meat for them to digest. Try to put it in context. Tell people that if you’re making 50k a year, youd have to work 18,320 years just to MAKE as much money as Trump lost in a SINGLE YEAR. And you’d pay taxes on that 50k every single one of those 18,000+ years, but not if you were Donald Trump. That’s the first thing that we should worry about, not that he did what any businessperson in his place would and should do.
In my opinion the media basically decides what we hear and how much they will educate the public. Plus, you can add, some of them aren’t that bright either. Many of them are though, and are purposely trying to manipulate the public.