Friday, August 26, 2016

Robert Kiyosaki faults Hillary Clinton for attacking Donald Trump for non-payment of taxes

Nicholas Waigwa||U.S Blasting News

American real-estate investor and author Robert Kiyosaki has faulted the US Democratic Party presidential candidate Hillary Clinton for attacking the Republican candidate Donald Trump for allegedly not paying taxes. On August 16th Kiyosaki posted an article on rich reacting to an August 12th tweet by Hillary Clinton which claimed, “there is a non-zero chance that Donald Trump isn’t paying *any* taxes.”

Before the tweet, Hillary and her husband - former US President Bill Clinton, had just made public their tax return for the year 2015. According to a New York Times report, Hillary and Bill paid “3.6 million in federal taxes for an effective tax rate of about 35 percent.”

Tax declaration not a legal requirement

Donald Trump continues to keep the world guessing on whether or not he will stick to a tradition that has been set by a majority of presidential candidates who made public their tax return ahead of elections. If he sustains his amid the apparent provocation from the Democrats camp, the Republican Party nominee for president “would be the first major candidate since 1976 to avoid making his full returns public.” NT
Robert Kiyosaki was quick to clarify that his reaction is not an endorsement of either candidate as he observed that the attack on Trump was an indication of how the Democratic Party presidential nominee “is a career politician, while Donald is a career entrepreneur” adding, “…Donald is doing what the tax code was intended for…”

Hillary Clinton’s criticism wrong

He explained why he thought Hillary Clinton was wrong in her criticism, stating that the only way Trump would not pay taxes would have been by investing in ventures that create job opportunities to receive tax benefits from the government.
Kiyosaki says the most patriotic thing that one can do is to limit tax liability by taking advantage of the government’s tax code. He would prefer a leader who is knowledgeable about money and taxes, “Personally, I’d rather have someone who understands how money and taxes work, how to create jobs and invest in ways our own tax code incentivizes, than who doesn’t.” Read entire article

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