Rudy Giuliani says Trump's taxes prove 'he's a genius'
Trump surrogate Rudy Giuliani on Sunday vehemently defended his candidate after Saturday's revelation from The New York Times that Donald Trump may have avoided paying personal income tax for as long as 18 years following a $916 million loss reported on his tax returns in 1995. Speaking to Jake Tapper on CNN, Giuliani emphasized the fact — also noted in the Times report — that there is nothing illegal about Trump's actions.
"Most Americans take advantage of every deduction and every legal opportunity there is to save some taxes," Giuliani argued, "so that they don't have to pay as much as they are paying to the government," and Trump only did the same thing on a larger scale. Tapper pushed back by noting Trump has tweeted a complaint that "half of Americans don't pay income tax despite crippling government debt," pointing out that Trump is in that half if the Times report is correct.
Giuliani was undeterred. "If you have a set of laws, you live by those laws," he said, "and the reality is you are ignoring completely the fiduciary obligation he has to the people around him to run his business at the lowest possible expense." Any good businessman — to say nothing of a "genius" like Trump — does the same, Giuliani concluded. Watch an excerpt of Giuliani's comments below. Bonnie Kristian
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Bonnie Kristian was a deputy editor and acting editor-in-chief of TheWeek.com. She is a columnist at Christianity Today and author of Untrustworthy: The Knowledge Crisis Breaking Our Brains, Polluting Our Politics, and Corrupting Christian Community (forthcoming 2022) and A Flexible Faith: Rethinking What It Means to Follow Jesus Today (2018). Her writing has also appeared at Time Magazine, CNN, USA Today, Newsweek, the Los Angeles Times, and The American Conservative, among other outlets.
-
Mall World: why are people dreaming about a shopping centre?Under The Radar Thousands of strangers are dreaming about the same thing and no one sure why
-
Why scientists are attempting nuclear fusionThe Explainer Harnessing the reaction that powers the stars could offer a potentially unlimited source of carbon-free energy, and the race is hotting up
-
Sudoku medium: October 27, 2025The Week's daily medium sudoku puzzle
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
