The real problem with Trump’s taxes isn’t what you think



By Jeff Reeves

With all the pontificating going on about Donald Trump’s “loss carryforward” and whether he’s paid any income taxes lately, there’s one simple fact that’s worth acknowledging: Anyone who makes money via investing probably pays a much lower tax rate than a middle-class American who works 40 hours a week.

That’s not politicking but simple math, said Joe Heider, president at Cirrus Wealth Management in Cleveland.

“If it’s actually earning income through a salary or the management of a business, it’s very difficult to escape taxation,” Heider said. “Our tax system favors the ultra-rich with a high net worth who aren’t earning their income as a salary.”

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