Buffett fires back at Trump’s comments on his taxes

By Around the Web

(CNBC) — Warren Buffett responded Monday to Donald Trump’s attacks on his tax payments, offering income tax information and criticizing the Republican presidential nominee for not releasing his own tax records.

In Sunday night’s presidential debate in St. Louis, Trump claimed that Buffett took a “massive deduction” while defending his claimed $916 million loss in 1995 that allowed him to avoid federal income tax in at least some years. Buffett, a supporter of Democratic nominee Hillary Clinton, said Monday that Trump “has not seen my income tax returns.”

“I have paid federal income tax every year since 1944, when I was 13. (Though, being a slow starter, I owed only $7 in tax that year.) I have copies of all 72 of my returns and none uses a carryforward,” Buffett said in a statement.

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