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Hillary Clinton and ‘real billionaire’ Warren Buffett fact check Trump’s tax claims

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Berkshire Hathaway Chairman and CEO Warren Buffett says he’s never used the kind of tax deduction Republican presidential candidate Donald Trump employed and he reiterated his call for the GOP nominee to release his tax returns. Photo: AP

Hillary Clinton brushed off Donald Trump’s attacks and doubled down on her own at her first post-debate rally on Monday, using a “real billionaire” to counter the Republican’s claims about his own taxes.

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Clinton told a crowd of more than 3,000 supporters in Detroit that each of them had probably paid more in federal income taxes than Trump.

She cited Warren Buffett’s new statement that he has paid federal income taxes every year since 1944, and was prepared to release all 72 years of his returns — none of which use a loophole that Trump employed to avoid paying taxes by writing off nearly a billion dollars in losses.

“It does take a certain amount of genius to lose a billion dollars in a single year,” Clinton said.

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Buffett released the statement after Trump defended his move and claimed that many of Clinton’s friends “took bigger deductions. Warren Buffett took a massive deduction.”

It does take a certain amount of genius to lose a billion dollars in a single year
Hillary Clinton
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