Harry Reid Mocks Trump Tax Leaks: ‘Racist Incompetent Failure Managed to Lose a Billion Dollars’

Election '16

Outgoing Senate Minority Leader Harry Reid had a few things to say on Sunday about reports that GOP presidential nominee Donald Trump lost $915 million dollars in 1995.


None of them were nice.

The Nevada Democrat, who is winding down his career in the Senate, issued a statement on Sunday that will likely get under the skin of the supposed billionaire who saw the New York Times expose a very bad year in the form of income tax documents that indicate he’s not a very good businessman.

According to Reid’s statement: “Trump is a billion-dollar loser who won’t release his taxes because they’ll expose him as a spoiled, rich brat who lost the millions he inherited from his father. Despite losing a billion dollars, Trump wants to reward himself with more tax breaks on inherited wealth while stiffing middle-class families who earn their paychecks with hard work.”

“Trump is over-leveraged and deeply indebted to someone, but until he releases his taxes we won’t know who,” the statement continues. “Let’s step back and take stock: Senate Republicans have put party so far ahead of country, they’ve endorsed a racist, incompetent failure who managed to lose a billion dollars in a boom year. Now they are helping Trump hide his tax returns and preventing the American people from knowing what individuals, businesses or foreign interests could have leverage over Trump.”

It is unlikely that Trump will let the comments pass unless his staffers are able to wrestle his phone away from him and keep him off Twitter.

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal
{{ post.roar_specific_data.api_data.analytics }}
@2022 - AlterNet Media Inc. All Rights Reserved. - "Poynter" fonts provided by fontsempire.com.