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Do you think if the New York Times was sent the transcripts of her speeches, they would print them? They would probably say these were illegally acquired via hack and we cannot see our way to publishing these transcripts. Mrs. Clinton is denying that these are hers anyway, so we are not gonna go there. “He contributed nothing.” That\u2019s Hillary\u2019s analysis of Trump\u2019s tax return. Look, folks, it worked for Bill Clinton all through the nineties. Contributions, investments, that\u2019s what tax increases became. <\/p>\n
Also in her speech in Toledo she\u2019s expected to call out Wells Fargo. Wells Fargo generated fee revenue with bogus accounts, and she\u2019s gonna bash Wells Fargo. By the way, one of Wells Fargo\u2019s biggest shareholders is Warren Buffett, who happens to be one of Hillary\u2019s most prominent advocates and supporters. So she\u2019s all-in now talking about the economy, how Trump is an example of a taker and hasn\u2019t contributed anything. He\u2019s not a genius and he hasn\u2019t run a good business, and there\u2019s nothing to recommend. There\u2019s her focus now. <\/p>\n
So the Trump team is gonna have to come up with a rejoinder. <\/p>\n
BREAK TRANSCRIPT<\/p>\n
RUSH: Here\u2019s Jennifer in the Bay Area, California. Great to have you, Jennifer. Welcome. I\u2019m really glad you waited, too. Thank you. <\/p>\n
CALLER: Hey. Thank you so much, Mr. Limbaugh. I just wanted to say this is my first time calling, and I\u2019m a great fan of yours. I listen to your show every day when I drop off my kids. And I just wanted to make a comment on this supposed tax scandal with Mr. Trump. I\u2019m self-employed. I\u2019ve owned a small business since 1997. And in 2006, I made a $50,000 real estate investment. In 2008, the development project, it basically didn\u2019t make the money that I was supposed to make; so I lost my $50,000. Okay? So then my CPA, who\u2019s also a tax attorney, told me that I was allowed to take that $50,000 and offset for the next couple of years on my personal income tax. <\/p>\n
RUSH: Right. <\/p>\n
RUSH: See, that\u2019s the thing. <\/p>\n CALLER: — that they\u2019re allowed to do this. <\/p>\n RUSH: See, that\u2019s the point: It\u2019s not common. <\/p>\n CALLER: It\u2019s not. <\/p>\n RUSH: To the average American, it\u2019s not common. People like you and most people that know about these things. But it\u2019s not common in terms of how it happens. <\/p>\n CALLER: Right. <\/p>\n RUSH: So Hillary can easily demagogue this as she\u2019s doing by saying — <\/p>\n CALLER: Yeah. <\/p>\n RUSH: — Trump has made no contributions to America. <\/p>\n CALLER: Right. And that\u2019s not true. I mean, my husband and I, we\u2019re both self-employed; we\u2019re very hard workers. We\u2019re both educated. We understand, you know, the amount of payroll taxes that we\u2019ve paid out, you know, the insurance that we\u2019ve paid out over the years for our employees. So we get it, and it\u2019s just really sad that she\u2019s saying this about hardworking, self-employed people. We\u2019re allowed to do this. The IRS allows us to do this. <\/p>\n RUSH: This law was written by Democrats on the — <\/p>\n CALLER: Yes. <\/p>\n All of this stuff. If he wants to react to it, if he wants to try to tell the truth about it and he wants to take the time. Now, you run the risk of sounding defensive when you do this. You run the risk of looking defensive. You run the risk of having the media portray you as, “Wow, that attack must have really hit home. Look at how much time Trump is spending on it!” But at some point, somehow this stuff has got to be changed. <\/p>\n The education and the amount of information that reaches the American people has got to change. It\u2019s got to improve. There\u2019s certain realities of life that they need to be made aware of so that the Democrats can no longer demagogue them and use them and get away with maligning and impugning people who haven\u2019t done anything wrong! Trump has not done anything wrong. There are people that lose money in their businesses. Like you, Jennifer, there are people that lose money in their businesses every year. <\/p>\n Most people do, particularly startups — and the real story is what happens. What do they do? Do they come back? Do they wallow in it? Do they find a way to rebound or what have you? There are inspirational stories. I\u2019m sure you could tell an inspirational story about how you recovered from these bad years that you\u2019ve had. Everybody has them. Everybody that takes a risk. And look, I\u2019m sick and tired of the Clintons, particularly — and the Democrats — getting away with demagoguing these things that are not errors.<\/p>\n BREAK TRANSCRIPT<\/p>\n Where is the outrage? Nobody even cares to report it. That capital loss, she\u2019s allowed to carry that forward and it will affect how much income tax she owes in future years. Same thing that we\u2019re dealing here with Trump.<\/p>\n BREAK TRANSCRIPT<\/p>\n RUSH: You know, I know it\u2019s like spitting into the wind, but I\u2019m gonna say this anyway as a general proposition, because I really can remember the days when if we would have… Like the story I told you about my friend here that I met when I moved to Florida who died three years later and I went to memorial. I learned things about him. He never talked about himself the way he was eulogized, and I didn\u2019t know until his memorial service that he had lost everything two or three times, and put it back together. <\/p>\n The end of this series of eulogies, people had a newfound respect. <\/p>\n They already loved the guy, but they had a newfound respect for him. He had flown missions in World War II that nobody knew about. He hadn\u2019t bragged about it. He had accomplished a lot, but he\u2019d lost everything, at least twice, I think three times. Now, in the case of Trump, in the old days, discovering something like this about somebody and then learning that they put it all back together — they recovered from a major, major setback like this and went on to establish one of the great real estate firms in the country — would have been a huge positive. <\/p>\n But in our corrupted politics of today, something like this is now portrayed as scandalous. And I say this without regard to the fact that Trump is involved in this. I\u2019m not saying this just to defend Trump. This is the kind of thing that\u2019s happening throughout our culture. What used to be considered tremendous human character and characteristics is now being portrayed in all too many instances as fraud, thievery, some kind of character defect. <\/p>\n The entire idea of the carryover is to recognize the risks of owning a business amid economic downturns, fluctuations. Without some recognition of bad times hitting businesses — sometimes from changes in the tax code, sometimes a recession — there could be mass layoffs far more often. You would have business failures left and right if these accommodations weren\u2019t made. These laws exist in many cases for reasons. <\/p>\n Some of the reasons are not good and honest; some of them are the result of corruption, too, but this one isn\u2019t. Actually, in the old days — if Trump were not running for office and he were not a Republican — this would be looked at as a very redemptive story, and it\u2019s the reason he wrote the book The Art of the Comeback and how he did it. You know, without redemption, Hollywood wouldn\u2019t exist. <\/p>\n But now because the subject matter in this instance happens to be seeking the presidency as a Republican, why, all that feel good stuff? Nah-nah-nah-nah. We can\u2019t permit that. Trump was dead broke. He was a billion dollars in the red. Remember Mrs. Clinton? She was whining and moaning that she and Bill left the White House “dead broke,” and that\u2019s why they stole some furniture from the White House on their way out, and that\u2019s how they justified everything since. <\/p>\n “We were dead broke when we left the White House.” Why? “Well, legal fees and any number of things.” Well, Trump had the same thing. So why do the media not praise Trump for coming back from being dead broke and using the loved and adored tax laws — our brilliant tax code — in order to maintain jobs, to build a stronger company that goes on to create even more jobs? <\/p>\n Over here\u2019s Mrs. Clinton taking $22 million in two years for flapping her gums for 20 minutes at a time to a bunch of banks, and they want to tell me Trump is greedy? Trump is greedy? How many jobs has Hillary Clinton created with these speeches that she gives? You know, this is just… It\u2019s maddening the way this stuff gets twisted and turned by a bunch of already corrupt people who then get to try to portray themselves as clean and pure as the wind-driven snow. <\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":" RUSH: CNN is so excited. Hillary Clinton is making an economic speech in Toledo, and she just ripped into the Trump tax return story. And do you know what her major focus is? She\u2019s not talking about the $915 million dollar deduction. She is pointing out that Donald Trump has contributed nothing to America. Now, […]<\/p>\n","protected":false},"author":70,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[1],"tags":[],"yoast_head":"\n![](\"\/wp-content\/uploads\/2016\/10\/DEBATE-PhonesWeGo.jpg\"\/)
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