tv State of the Union With Jake Tapper CNN October 2, 2016 11:00pm-12:01am PDT
when women are demanding a place at the table in so many arenas across the nation. >> did it for us. >> it's clear they earned their place in the cage. bombshell, pages from a trump tax return sent to the new york times piaby a secret sourc. what do they reveal? late night wars. trump mocked on snl. >> i stayed calm just like i promised and it is over. >> as clinton attacks his 3:00 a.m. tweets. >> his latest twitter melt down is unhinged even for him. >> and trump launches another wild and unsubstantiated attack. >> i don't even think she's loyal to bill if you want to know the truth and really, folks, really, why should she be, right?
>> the best political minds will be here with insights from the cal pain trail. >> hello, i'm jake tapper in washington defendant c. where the state of our union is taxed overnight. publishing a copy of donald trump's 1995 tax return revealing a $916 million loss from failed business projects. it would allow him to use those losses to offset taxes on new income for as long as 18 years so did donald trump pay any federal income taxes. mr. trump is a highly skilled business man that as a responsibility to his business, his family and his employees to pay no more tax than legally required. that being said mr. trump has paid hundreds of millions of dollars in property taxes, sales taxes, state taxes, employee
taxes and federal taxes. that statement does not mention paying income taxes or dispute the authenticity of the times obtained documents but they do say it was illegally obtained. joining me now is bernie sanders that is a supporter of hillary clinton. good to see you as always. let me get reaction to this news about donald trump and not paying federal income taxes. some supporters would argue why should he pay any more taxes than the law requires him to? what do you think? >> you know this is exactly why so many are frustrated. they're angry, they're disgusted at what they see as a corrupt political system in this country. so what you have at a time of massive income and wealth and equality in the last 16 years we have seen a 10 fold increase in the number of billionaires and at the sail time million of these have loopholes that their lobbyiests and their friends on
capitol hill provide to them which enable them to avoid taxes. the middle class people working longer hours for low wages. they pay their taxes. they support their schools. they support their infrastructure and they support the military but the billionaires, no they don't have to do that. they have their friends on capitol hill. so trump goes around and says hey i'm worth billions i'm a successful business man but i don't pay any taxes but you make $15 an hour you pay the taxes. not me. that's why people are angry and want real change in this country. >> let's talk about that. you hit the campaign trail with hillary clinton to promote the new joint college plan and take a look at what secretary clinton said about you and your supporters in february. i want to make it clear this is just an excerpt of these comments and it came from an e-mail hack. take a listen. >> there's just a deep desire to believe that, you know, we can have free college, free health
care. it's a false promise. but i don't think you tell idealistic peel, particularly young people, that they bought into a false promise. his ideas are indefensible. >> you are out there working very, very hard for secretary clinton trying to convince your supporters to back someone that many of them did not trust. what was your reaction when you heard that? calling your ideas indefensible saying you were selling them false promises? >> well, two things. if you listen to the whole discussion that she had, a very important point that she made is that a lot of young people who went into debt, worked very hard to get a good education get out of school and can't find jobs with the education they receive and there's a lot of unhappiness about young people and this is an issue we must address but the bottom line here is that i think that what secretary clinton and
i have done since the election, since the primary dominating process we have worked together in a number of areas. she has worked to me to make sure that they are tuition free for all families earning $125,000 or less. and we'll have access to primary care for millions more americans and by the way, donald trump not paying any taxes she has come up with an estate tax proposal which will ask the wealthiest people in this country, the wealthiest families in this country to start paying their fair share. >> i get that senator but she is calling other ideas that you pitched, not the ones you're working on together but called other ones false promises and says what you're doing is indefensible and that must bother you. >> well, look, of course it does. but we're in the middle of a
campaign and trust me, if you go to some of the statements that i made about hillary clinton you can see real differences. so we have differences. there's nothing to be surprised about. that's what a cam an is all about. >> she also said this about your supporters and let me also remind people that you should go and listen go to the washington free beacon website. she said this about your supporters. >> some are new to politics. children of the great recession and they are living in their parents basement so if you're feeling that your consigned to being a barista or some other job that doesn't pay a lot and doesn't have much of a ladder of opportunity attached to it then the idea that maybe just maybe you could be part of a political revolution is pretty appealing. >> what was your reaction to that, sir? >> well, i agree with her. what she is say as good what i suggested a moment ago. there are young people that went
deeply into debt, worked very hard to get a good education and yet they're getting out of school and can't find descent paying jobs and that is a major problem. they are living in their parents basement. that's the point. so i personally do believe we do need a political revolution. we do need to transform the society with descent paying jobs and make sure that donald trump starts paying fair share of taxes and do what donald trump does not want us to do. address the crisis of climate change and transform our energy system. do what donald trump does not want us to do, raise the minimum wage to a living wage and pay equity for women. so i just talked to her a few days ago. she is prepared on all of those issues to move forward within the first 100 days of her administration and on top of that, unlike donald trump she understands that citizens united supreme court decision is undermining american democracy. it has got to be overturned and
supporting the constitutional amendment to do that and cannot continue buying elections in this country. >> what would you say to a bernie sanders supporter that listens to that tape and says that sounds kond sending to call me a base m dwelling barista buying false promises from p bernie sanders and she is just using him to get elected. what is your message to that bernie sanders supporter. >> this is the message. take a hard look, not at hillary clinton or donald trump, but the needs of the american people and issue by issue whether it is climate change, whether it is citizens united the need to overturn that. whether it's pay equity for women, whether it's raising the minimum wage to a living wage. rebuilding our crumbling
infrastructure. a tax system. look at clinton's positions and trump's positions and understand that one or the other of those two will be the next president of the united states and after you take a hard look at those two candidates and their issues, i think the con that people will reach is that clinton is far and away the superior candidate. >> a lot of clinton advisors are worried that a sizable number of your supporters might go to a third party candidate such as jill stein or gary johnson. gary johnson struggled this week to name a foreign leader whom he respects. take a listen. >> who is your favorite foreign leader? >> who is your favorite -- >> any one of the continents or countries? >> you have to do this. anywhere, any continent, canada, mexico, europe, asia, south america, name a foreign leader that you respect. >> i guess i'm having an aleppo
molt. t >> the former president of mexico. >> which one. >> i'm having a -- >> name anybody. >> i know you disagree on a range of policy wheres do you think he's qualified to be president? >> you know, that wasn't the most impressive interview i have ever heard but i think more importantly than that people make mistakes doing interviews, look at his point of view on issues like climate change and the economy and i think if anybody that voted for me take a hard look at what he stands for i think they understand where he is coming from they will not is b supporting him. >> i want to ask you about deutsche bank. two weeks ago federal regulators slapped them with a $14 billion
fine for its activities during the housing bubble. as you may know the clintons received almost a million dollars from deutsche bank for delivering four speeches behind closed doors. in light of the fine and the on going investigation should they return that money? >> that's for them to decide but what this tells me and what this whole wells fargo fiasco tells me jake is what i have been saying all along is that the business model of the largest financial institutions in this country and around the world is fraud. it is fraud. that's what they do. occasionally they get caught after making huge amounts of money and that's why i believe we need to reestablish legislation and why i believe we need to break up the large financial institutions. we cannot continue to tolerate. whether it's deutsche bank or wells fargo or bank of america. the kind of fraud you lent activity we've seen for so long.
>> you were critical of the clinton foundation taking money from governments hike saudi arabia during the primaries. there's still talk of the clinton foundation continuing even if secretary clinton becomes president. chelsea clinton is planning to stay on board. do you think that poses a potential conflict of interest and should the clinton foundation shutdown if secretary clinton becomes president? >> well that's obviously something the clinton family is going to have to determine but i think it does raise serious questions if foreign governments are making contributions to a foundation tied closely to what i hope will be the next president of the united states. >> senator bernie sanders, we enjoy having you on. thank you so much. >> after a rough first debate trump says he is preparing this weekend for his next match up and the clinton's marriage is fair game.
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welcome back. quote she's nasty but i can be nastier than she ever can be. and then he proved it at a rally last night. >> she can't make it 15 feet to her car. give me a break. give me a break. >> while he was working that crowd the new york times published a story revealing that the paper had seen pages from donald trump's 1995 tax return which is suggested a near billion dollar loss and deductions so huge it could have allowed rump to not pay any federal income taxes for as long as 18 years. we have a lot to talk about with top trump advisor. thanks for being here. >> oh, thank you very much, jake. nice to be with you. >> i have to start with this
bombshell report that donald trump may have avoided federal income taxes for almost a generation. is your campaign disputing the authenticity of these documents from donald trump's 1995 tax returns mailed by an anonymous source? >> all i had was the new york times story to go piano. let me comment on it as if it's true. what you failed to leave out and it's not your fault it's the new york time's fault is this is perfectly legal and they make that point about 26 paragraphs into the opinion. number two, they fail to point out that he has an obligation as the head of a business to take advantage of and use the lawful deductions and tax advantages available to you. i advise my clients to do that because if they don't do it they get sued by their co-investors and investors. they lose jobs for their moi yees and the reality is, this is rather common in large gigantic
american businesses. you might remember a few years ago ge paid no taxes. so the reality is, this is part of our tax code. the man's a genius. he knows how to operate the tax code for the benefit that he serves. >> he said during the debate that not paying federal income taxes makes him smart. does that mean that the rest of us that don't look for every possible loophole and division does that mean the rest of us are stupid? >> no, absolutely not. in fact, 44% or 45% of americans don't pay income tax. >> a lot of them are above the poverty line. they're not billionares. >> but someone told them they don't have to pay taxes and anybody that goes and has an accountant, h and r block or just goes online figures out all the deductions available to them. the reality is that most
americans take advantage of every advantage to them. >> most americans pay federal income taxes, sir and donald trump did not. >> just a little bit over. >> a majority of the american people pay federal income taxes. >> and very large businesses very often take advantage of these kinds of losses. >> do you pay federal income taxes? you're a successful business man, do you pay federal income taxes? >> well, that's between me and my accountant and the irs and the reality is i pay my lawful tax and he paid his lawful tax. >> let me ask you another question sir -- >> no, no, jake, wait a second. this is really very unfair. if he didn't take advantage of those tax deductions or advantages he had he could be sued because his obligation as a business man is to make money for his enterprise and to save money for his enterprise. it would have been insane for him not to take advantage of it.
>> who would sue him for his own personal income taxes. >> investors in his business, people that loan money to his business. banks that loan money to his business. if i have a $200 million loss carry forward that i can use and i don't use it and i end up costing my company $200 million more don't you think the bank that i borrowed money from is going to sue me for mismanaging my business. >> let me ask you another question -- >> that's why the simplistic analysis of an extraordinary complex code is so unfair. >> there's a lot of very very successful business men and women that pay federal mechanic taxes and don't look for every opportunity there is to avoid paying them. let me ask you another question -- >> wait a second. no, no -- >> he lost almost a billion dollars in 1995 -- >> there are not very many smart
business men who don't take advantage of the tax -- legal tax laws that are there and if they are, then they're not very good business men and no one wants to go into business with them and they don't have very good lawyers and they don't have very good accountants. >> let me ask you, sir, he's selling himself as a brilliant business man and lost almost a billion dollars in 1995. >> correct. >> that doesn't sound brilliant to me. >> yes it does. since he came back and he came all the way back and isn't that the history of america. i mean, people like steve jobs were fired, fired by apple and came all the way back. churchill was thrown out of office twice and came back. it show what is a genius he. he was able to preserve his enterprise and able to build it and the idea that he could carry it forward for 18 years mean miss no time in 18 years did he make $916 million. last year he made $685 million.
we know that from his financial disclosure. >> he hasn't released his tax returns. the only reason we know this is because somebody leaked this. >> no, we know he made $680 million last year from his financial disclosure form which describes considerably more about his finances than the tax return. >> he's the first major party nominee since 1976 to not release his tax returns. if you're proud of that, that's great but i don't think you should be. >> the way all of you are treating this is a very good indication of why someone might not want to release their tax returns. something that's perfectly legal and something he had to utilize and you try to make it into -- he did no wrong doing meanwhile hillary clinton violated probably 30 federal statutes. he did nothing wrong. the headline should have been donald trump takes advantage of legal provisions in tax code.
>> that's an interesting headline. i think most americans are probably interested -- most americans pay their federal income taxes. >> you don't know most americans and i don't know most americans. >> most americans pay their federal income taxes sir. >> i also know that most americans take advantage of every deduction and every legal opportunity there is to save taxes so they don't have to pay as much as they're paying to the government. >> in 2012 -- >> most americans would rather be paying lower taxes under donald trump than 20% more under hillary clinton. >> in 2012, he tweeted half of americans don't pay income tax despite crippling government debt. he is in that half that does not pay federal income taxes despite crippling government debt. when he rails against the junkie infrastructure and when he talks
about how bridges are collapsing is he not responsible at least in part for the fact that these things are not being repaired? >> no. >> the law is responsible for it. if you had a set of laws you live by those laws and the reality is you are ignoring completely the obligation that he has to all the people around him to run his business at the lowest possible expense. every business man takes advantage of it including warren buffet and we should be paying 90% in taxes so why doesn't he voluntarily send in the extra 40%. let him make out a check and send it in. he does the same thing. he takes advantage of the law. >> one last question for you, donald trump launched a wild and unsubstantiated attack against hillary clinton last night. take a listen. >> i don't think even she's loyal to bill, if you want to know the truth. and really, folks, really, why
should she be, right? >> mr. mayor is that normal, stable behavior for a presidential nominee to launch an attack -- >> after she called him a racist -- i don't know what else she called him at the end of that debate. i think it's fair game. >> just to make stuff up? wild accusations? hillary clinton is cheating on bill. no proof of it whatsoever. everything is fair game. >> that was a sarcastic remark pointing out that bill chlinton has quite a past and hillary clinton has done quite a job of attacking the people that were victims of bill clinton and poses as a feminist and is taking money from countries that stone women, kill women -- >> bill clinton is not the nominee, sir. and this is my last question for you, is the trump campaign, is donald trump and the people
around donald trump really the ones to be casting dispersions on the marriage of anyone else. >> it isn't the marriage. it's the way she goes on the attack and tries to hurt victims. she is the one that says victims should be taken seriously. >> that wasn't about her marriage? him saying she is not loyal to bill is not about her marriage. >> i am saying the problem with hillary clinton has nothing to do with her marriage. it's her protection of pill clinton for 20 or 25 years against allegations of rape, taking advantage of an intern and going on the attack and trying to make those women appear to be insane in some cases. also it's her posing as a feminist and taking billions if not hundred of millions of dollars from countries that kill women and stone women and don't allow women to drive. don't allow women to have rights. >> i just -- i mean, i just find it hard to believe that mr. trump would want to start leveling accusations about
people's marriages but that's all the time we have. >> i think the accusations are about hillary clinton taking money from countries that kill women. >> the accusation was that hillary chin on the was cheating on bill. it was an unhinged and wild accusation. i can understand why you can't defend it. >> thank you for allowing me to reply to that. >> thank you. saturday night live delayed the start of their season to tackle the first debate. so was it worth the wait? i'm my team's #1 fan. yay. sports.
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initiative and van jones is here with us. okay. so congressman, i don't think she is loyal to bill, if you want to know the truth is what donald trump said yesterday. you heard mayor giuliana try to talk about other things that he didn't say. is this a good path for your nominee to get to the white house. >> we need to focus on economy, national security. get back to what happened around the world. in my lifetime there's been two presidents that have had it right as far as taxes go. john f. kennedy and ronald ray fwan. both of them looked at a plan that said we have to lower taxes and to raise taxes -- let's talk about that. is it rather you raise taxes on the individuals or small businesssor corporations? it means the same thing. less jobs. >> this sounds like to me, no --
>> i'm going to prioritize what we're going to talk about. america is right for change in the right direction. >> what do you think he should be talking about? >> he should be talking about the issue but let's not forget. there was footage leaked this week of michelle obama just as ferocious during the primary with barrack obama when she says you can't go into the white house if you can't take care of your own house. it's very clear what she was talking about but it's a very dangerous road to take. a woman going against a woman and if he tries it at the debate it could be treacherous for him. but he's right to go after him if she tries to pull the war on women on him. >> but he's not right to make up stuff and lie. first of all i think that you see -- >> i didn't say that comment was true. i'm just saying this is all in the context of infidelity and who is an enablering. it's a bad topic. >> it's a good topic for donald
trump. >> no but he has to push back. >> or maybe he could just stick with his strategy and here's the problem that you have. when you're the president of the united states, guess what, sometimes somebody might say something mean about you. you can't then tear up your play book and go on a week long rant and tweet in the middle of the night. what happened to him is he was doing well. he was doing frighteningly well. i was terrified ten days ago this guy was going to be able to be disciplined. hillary clinton in 15 minutes said two or three things an threw him off of his game and he's not been able to recover since the debate. >> i think the reality, i think the reality is that we are in day six of the meltdown. he had a terrible debate performance. everyone sees that. he sees the polls moving toward hillary. she is beating him in every single poll. and he can't take that.
this is the latest melt down. if you want to have someone be commander and chief we're seeing in real time that donald trump is not capable of dealing with the stress of being present because he is showing us in real time that he lashes out and he attacks people and he says crazy things attacking her on her marriage when he has a history. he's had his third marriage and affairs. these are terrible things. >> but his point about the marriage and i'm not disagreeing that he needs to get back to the topic but his point is not whether bill had an infidelity or not. his point goes back to her role in it and let's be honest, she had on her website all women who are raped need to be believed and that mysteriously was removed from her website this summer. >> that's not the point. >> the point he made yesterday was a wild and baseless allegation that hillary clinton has not been faithful to bill. congressman, is that what your nominee -- do you want him to
win? >> i do. >> and what is important to me and i think was important to america is this national security and law and order and let's focus this election about america. >> why are you talking to me. >> let's debate on those issues -- wait a minute, it's my turn. now you're on the clinton team for transition. i'm on no team. i'm on america's team and i spent my life fighting over there so i think as america we need to focus on making sure that we deal with the problems overseas. deal with an economy here so we can make sure it shall. >> so we can afford to make sure that we keep a strong military and afford to keep the promises that have been made. >> you should run for president of the united states as a republican because you sound great and your candidate
doesn't. >> but i say what i mean -- >> so on the tax issue, part of the thing that makes no sense in the last block, this was his personal income tax. hilla hillary clinton decided not to take every deferment. apparently donald trump decided to lose a billion dollars and then wind up as a winner on his tax forms. that makes persons upset because no matter what ordinary americans do they can't seem to win and no matter what this guy does he can't seem to lose because he's obeying rules he helped to write. >> we're coming back. coming up, how will trump handle these revelations? will it matter to voters? stay with us. grilled, glazed korean bbq shrimp. and try as much as you want of flavors like new parmesan peppercorn shrimp. just come in before it ends.
not that rich, not that charitable or has never paid taxes in his life. >> warmer. >> alec baldwin brought in to play donald trump. at least until november. let's talk about this tax issue. mayor guliani and bernie sanders had different taxes. what do you think. how do you think it's going to play with voters? >> this says more about our tax code than about donald trump. i think what people hate is the tax code. it's absolutely rigged to benefit those that can afford lawyers who can afford lobbiests and we need to have a discussion about how do we simplify it and make it more fair and that's something that hasn't happened for 8 years under barrack obama.
>> paul ryan has a great plan and no one wants to take it up. the president is not interested in it and this administration is the epitomy of cronism. the point is that we're talking about this specific campaign issue. donald trump paying no taxes after -- >> but jake, let me just say he did not -- whether you like the tax code or not, i don't like it, he did not break the law. hillary clinton in destroying her documents broke the law. absolutely. >> all right. >> here's the thing. it is in fact true that if donald trump lost a billion dollars, think about this, lost a billion dollars he could wind up as a winner, legally in his taxes for a generation. why is that? is that because he's a genius? it's because billionaires have armies of lobby yiss to help
write the rules. here's the deal. if you're obeying horrible rules you helped to write that doesn't make you a genius. >> why do you say he helped to write them? >> he hobbies and people like him has an army of lobbyiests that go up to the capitol and say put this loophole in so they're building the playbook that they helped write. >> during the break the american people feeling that the american dream was unattainable. >> on both sides. >> i mean it sincerely. is this not the kind of thing that might bother them though? >> we all under the tax code is too arbitrary and too complex and american citizens when you go down and do your taxes, no one says pay more. if it's clinton does it's a political purpose and not
because she is a person of chariti chariti charity. if it allows you to take a billion dollar loss and cover from it it's legal and appropriate. >> the point is whether it's appropriate. >> i think it's quite frankly smart business. >> smart business. >> so i think it puts everything he has been saying in the last year. he is claiming to be the champion of working people and he has not released his taxes. if it's legal, release your taxes. do what every other person has done release your taxes. he has been hiding the information because he knows that saying you're a great business man when you lose a billion dollars on casinos, hard to do but he managed to do it and telling everyone they're working hard and they deserve a break when they're paying their taxes and you use every loophole to not pay your taxes and this
argument that he would be sued by people -- these are his personal income taxes. he doesn't have shareholders that would sue him. these are his personal income taxes and he's a hypocrite on his most basic argument of being a champion of the working people because he is saying i'm going to run these. you have to pay your taxes but i'm not going to. >> we only have a couple of minutes and there's a couple of questions i want to ask of you two specifically. the recording of hillary clinton talking about bernie sanders and bernie sanders supporter, does it bother you? >> i was prepared to be outraged. i think that the clinton wing has sometimes been very ko condesending, when you listen to the whole thing she is trying to explain people that may not understand the sanders voters so it's much to do about nothing.
>> toipt ask you about the incident because it has to do with latinos involved in politics. >> no, i want to know honestly how you think it's playing among democrats and republicans and independents. >> it's hurting him. he needs to win suburban moms and hispanics and they'll be very pivotal in this election. look at spanish tv and all over the place. it's hurting him. he should have pivoted and said listen she comes from venezuela. she just became a citizen. venezuela is the poster child of where socialism leaves us. they're eating their own pets right now they're starving and it's full of political corruption and human rights a buss. she wants to talk about what happened 20 years ago. i want to save this country from continuing down the path of socialism that barrack obama took us and that hillary clinton has promised you can do again.
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seen cartoon characters running, that's the subject of this week. state of the cartoon. >> from papa smurf to fred flintstone. to huckleberry hound. lots of cartoon stars have launched presidential campaigns. ♪ it was america's favorite dog who may have come closest to the white house. as detailed in a new exhibit at the charles schultz museum, the 1968 snoopy for president push complete with a theme song, at least according to lore, garnered so many votes for snoopy, the law was changed. in a letter to charles schultz, the former governor of california, ronald reagan, wrote in 1980, anything you can do to talk snoopy out of running will be appreciated. how would he feel about a cabinet post? while snoopy never made it to
washington, woodstock got caught up in identity politics. lucy imagined a woman president. you know what that means, don't you? it means i won't get to be the first one. boy, that makes me mad. in 1972, "you're not elected, charlie brown," linus experiences the campaign gaffe. >> rather than campaign talk, i decided to say a few words about the great pumpkin. uuggghhh! >> ouch. >> oh, you blockhead. >> still, given the vitriol, it's hard not to long for the days when a beagle was on the ballot. to see the actual candidates face off, make sure you're watching tuesday for the one and only vice presidential debate right here on cnn. special coverage begins at 4:00
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good morning. it is time for "reliable sources." our weekly look of the story behind the story. about news and pop culture. team trump verses, well, the entire media. his latest week of whoppers has some beat reporters say that his lying is getting worse. we'll ask two experts and this question, do newspaper endorsements still matter. we'll look at the red states papers speaking out against trump. plus, sean hannity was the subject of jokes on "snl" last night. first, let's peel back the curtain of this first surprise of ocbe