Rush Limbaugh celebrates Trump's tax avoidance: “He's a master at this”
Limbaugh: “Smart citizens simply go out and hire the smartest other citizens they can find to use [the tax code] to their greatest benefit”
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From the September 28, 2020, edition of Premiere Networks' The Rush Limbaugh Show
RUSH LIMBAUGH (HOST): They keep recycling things. Now we’re recycling Trump’s taxes, and they got him again, folks. They got him again. They thought they had him four years ago on this. They thought they had him three years ago on this. We can go back and look at the audio sound bites as we used them then. Not necessary, but they thought they had him. Now they think they’ve got him again. This is -- by the way, folks, isn’t the New York Times using this tax information to sway an election? Well, isn’t that illegal? Isn’t that meddling in an election? Isn't that what The New York Times -- what’s the difference in this and whatever they alleged that the Russians were doing in 2016?
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LIMBAUGH: The main thing that Trump did -- looking at this, the main thing that Trump is doing is putting more money into his businesses than he’s taking out. And who knows. It may be wise or legal, he’s chosen to do it this way. One thing, he’s an expert at moving money around to avoid paying taxes, and he’s really an expert at making those who loan him money as vulnerable as he is. They can’t call the loans on him. They’d go down the tubes if he does. So he’s a master at this.
These tax returns show that he is a master at using the tax code legally. If Trump had done all of this illegal stuff after all of these years, it would have caught up with him by now. Now, the drive-bys are focusing in on a $72 million refund. And they’re trying to say that that $72 million refund was illegal. It’s made up of phony losses and so -- well, that’s up to the IRS, folks, to go after people that lie, or file false returns or what have you.
And they do it if they think that somebody’s gaming the system or that they can get money out of them. And they haven’t done it with Trump yet. So now Trump is gonna be forced to explain all this tax stuff? Shouldn’t there be some outrage directed at Congress and the guy who’s been in government for 47 years, Joe Biden, for creating a tax code like this that smart citizens simply go out and hire the smartest other citizens they can find to use it to their greatest benefit?