The former New York mayor was responding to leaked tax documents obtained by The New York Times that show Trump in 1995 declared such a massive loss in income that he could have legally avoided paying federal income taxes for up to 18 years.
When asked about the report, Giuliani told ABC's "This Week" that Trump was a "genius" when it came to tax laws, unlike Clinton who was investigated by the FBI for using a private email server while leading the State Department.
Former New York mayor Rudy Giuliani continued his defense of Donald Trump's federal income taxes this morning by saying he was an "absolute genius" for taking advantage of legal loopholes.
The former New York mayor dismissed a Times report that Mr. Trump had declared a $916 million loss that could have allowed him to avoid paying federal income taxes.
Documents obtained and published by The New York Times suggest the presidential candidate's $916 million declared business losses in 1995 may have allowed him to legally avoid paying income taxes.
Someone must have leaked. Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years, rec...