Network Morning Shows Barely Acknowledge Trump’s Possibly Illegal Tax Avoidance

Network Morning Shows Barely Acknowledge Trump’s Possibly Illegal Tax Avoidance

The network morning shows spent nearly half an hour covering the four-day-old story that the FBI found emails that may be pertinent to an investigation of Democratic presidential nominee Hillary Clinton’s private email server, but less than two minutes on a new report detailing possibly illegal actions Republican presidential nominee Donald Trump took in the 1990s to avoid reporting hundreds of millions of dollars of taxable income.

On October 28, FBI Director James Comey defied Justice Department rules and precedent to issue a short and vague letter informing Congress that the bureau had obtained and was seeking to review emails “that appear to be pertinent to the investigation” regarding Clinton’s use of a private email server as secretary of state. Comey’s decision drew criticism from media figures from across the political spectrum and former federal prosecutors and Justice Department officials. Yet during the morning of November 1, ABC’s Good Morning America, NBC’s Today, and CBS’ CBS This Morning spent a combined total of nearly 30 minutes on this story and the impact it might have on election polls.

Just yesterday, The New York Times explained that “thanks to a” possibly illegal tax maneuver Trump used in the early 1990s, he “potentially escaped paying tens of millions of dollars in federal personal income taxes” (emphasis added):

[N]ewly obtained documents show that in the early 1990s, as he scrambled to stave off financial ruin, Mr. Trump avoided reporting hundreds of millions of dollars in taxable income by using a tax avoidance maneuver so legally dubious his own lawyers advised him that the Internal Revenue Service would most likely declare it improper if he were audited.

Thanks to this one maneuver, which was later outlawed by Congress, Mr. Trump potentially escaped paying tens of millions of dollars in federal personal income taxes. It is impossible to know for sure because Mr. Trump has declined to release his tax returns, or even a summary of his returns, breaking a practice followed by every Republican and Democratic presidential candidate for more than four decades.

Tax experts who reviewed the newly obtained documents for The New York Times said Mr. Trump’s tax avoidance maneuver, conjured from ambiguous provisions of highly technical tax court rulings, clearly pushed the edge of the envelope of what tax laws permitted at the time. “Whatever loophole existed was not ‘exploited’ here, but stretched beyond any recognition,” said Steven M. Rosenthal, a senior fellow at the nonpartisan Tax Policy Center who helped draft tax legislation in the early 1990s.

Yet Good Morning America was the only broadcast morning show to cover this detailed reporting on the Republican presidential nominee possibly committing a crime, devoting two interview segments to the issue for a scant airtime of 1 minute and 47 seconds. The other two morning shows did not mention the Times report or Trump’s tax avoidance at all.

The networks’ Sunday shows have demonstrated a pattern of ignoring investigative reporting about Trump in favor of hyping any recent news about Clinton. Now the networks’ weekday morning shows seem to be following the same pattern.

Methodology: Media Matters searched SnapStream transcripts for ABC’s Good Morning America, NBC’s Today, and CBS’ CBS This Morning, with the keywords “Clinton,” “FBI,” “email,” and “Comey” for any comments about the Clinton email story, and the keywords “tax” and “taxes” for any comments about the Trump tax story. Any comments on either subject were then measured for time. At least one discussion covered both topics simultaneously.

Source: MM4A
Network Morning Shows Barely Acknowledge Trump’s Possibly Illegal Tax Avoidance

Speak!