Is Donald Trump the Slim Shady of Tax Returns?

How would you handle a $916 million financial loss? If you're anything like Donald Trump, you'd use the tax code to ease the burden.

The New York Times published three pages of the presidential candidate's 1995 tax returns, but was there a smoking gun?

RELATED: George Will--Trump Doesn’t Want to Release Tax Returns “Because He’s Deeply Involved in Dealing With Russia”

"From what I know . . . it is not shady. It is standard practice in law, especially in business with tax law," Glenn said Monday on his radio program.

So is there anything that could be shady about avoiding taxes for more than 15 years --- or does that make Trump really smart?

Read below or watch the clip for answers to these tax-free questions:

• Should you take advantage of an available tax break?

• What's our moral obligation?

• Did Donald Trump do anything illegal?

• What's dangerous about Donald Trump's tax returns?

• If anything is shady about Trump's returns, is it still okay to celebrate?

Below is a rush transcript of this segment, it might contain errors:

GLENN: All right. So I want -- so I want to talk to you about Donald Trump's taxes. And in case -- in case you missed it, for what we know right now, there's -- nobody's claiming that he did anything illegal. It is a feature in the tax system. And if that's available to you, you should take it. It's not shady.

PAT: And what that is, is, he potentially didn't pay taxes for 18 or 20 years. But that's because he had a massive --

GLENN: I don't think you can do it that long. For fifteen years?

PAT: A massive write-down.

GLENN: Fifteen years?

STU: Fifteen into the future and three into the past.

PAT: So it's 18 years?

STU: But, again, they have no evidence to support that, other than the fact that he took a loss in one year. He may have taken losses in every other year too. We have no idea.

GLENN: Right. But you would take that. I mean, if you had a loss that big, you would take it.

PAT: You would. If you lost almost a billion dollars.

GLENN: Yeah, you would take that. Of course you would. And that's normal, rational. And everybody who would be in that situation would take it.

PAT: Yeah.

STU: Right. They're trying to say, well, it was immoral for him -- he just should have started paying taxes. No.

GLENN: No, it's not. If you sell your house and you have to sell your house at a massive and then you have a good year the next year, then you should take that massive loss and use it against it against the next year. Because you just lost all that money.

STU: Right. And there might be a moral -- and I think there is -- a moral reason to help people. That does not mean there's a moral reason to pay taxes into a system where they're going to waste it constantly. You have to follow the law.

PAT: There is a moral reason to help people. But it has nothing to do with taxation anyway. You don't give it to the government to give it to somebody. You give it to somebody. That's your moral obligation.

GLENN: Right. So here's the problem with this, because this is being interpreted by many as kind of shady, on both sides. Okay? Shady.

A, from what I know about it, it is not shady. It is standard practice in law, especially in business, with tax law.

STU: Real estate.

GLENN: Right. And real estate. It is standard practice. So it's not shady at all. But people are -- people -- some people -- supporters are celebrating this, thinking that even if it is shady, he's smart. That's dangerous.

The -- the celebration behind it, if you think it's shady, is dangerous. Because this is the beginning of burn the entire system down. This is the beginning of, if -- if I can get away with it, I'm going to.

That's not who we are. That's not who we are. We should not be the kind of people of, "If I can get away with it, I'll do it." Jeffy, say nothing.

We are -- we are -- as a nation, should not be celebrating that kind of attitude. But that's not -- that's not the case here. This is not shady.

PAT: Especially since those same people would be saying we're a nation of laws, and that's why we've got to uphold the border laws. Well, the same thing applies to taxes. We're a nation of laws.

GLENN: Yes. Right. If he did something shady, which is not even being thrown his way, he should pay the penalty. And he should not celebrate that as being smart. But this was not shady, as far as we know.

Featured Image: US Republican presidential nominee Donald Trump visits the Gerald Ford Presidential Museum in Grand Rapids, Michigan, on September 30, 2016. (Photo Credit: JEWEL SAMAD/AFP/Getty Images)

This was one of the first homesteads in the area in the 1880's and was just begging to be brought back to its original glory — with a touch of modern. When we first purchased the property, it was full of old stuff without any running water, central heat or AC, so needless to say, we had a huge project ahead of us. It took some vision and a whole lot of trust, but the mess we started with seven years ago is now a place we hope the original owners would be proud of.

To restore something like this is really does take a village. It doesn't take much money to make it cozy inside, if like me you are willing to take time and gather things here and there from thrift shops and little antique shops in the middle of nowhere.

But finding the right craftsman is a different story.

Matt Jensen and his assistant Rob did this entire job from sketches I made. Because he built this in his off hours it took just over a year, but so worth the wait. It wasn't easy as it was 18"out of square. He had to build around that as the entire thing we felt would collapse. Matt just reinforced the structure and we love its imperfections.

Here are a few pictures of the process and the transformation from where we started to where we are now:

​How it was

It doesn't look like much yet, but just you wait and see!

By request a photo tour of the restored cabin. I start doing the interior design in earnest tomorrow after the show, but all of the construction guys are now done. So I mopped the floors, washed the sheets, some friends helped by washing the windows. And now the unofficial / official tour.

The Property

The views are absolutely stunning and completely peaceful.

The Hong Kong protesters flocking to the streets in opposition to the Chinese government have a new symbol to display their defiance: the Stars and Stripes. Upset over the looming threat to their freedom, the American flag symbolizes everything they cherish and are fighting to preserve.

But it seems our president isn't returning the love.

Trump recently doubled down on the United States' indifference to the conflict, after initially commenting that whatever happens is between Hong Kong and China alone. But he's wrong — what happens is crucial in spreading the liberal values that America wants to accompany us on the world stage. After all, "America First" doesn't mean merely focusing on our own domestic problems. It means supporting liberal democracy everywhere.

The protests have been raging on the streets since April, when the government of Hong Kong proposed an extradition bill that would have allowed them to send accused criminals to be tried in mainland China. Of course, when dealing with a communist regime, that's a terrifying prospect — and one that threatens the judicial independence of the city. Thankfully, the protesters succeeded in getting Hong Kong's leaders to suspend the bill from consideration. But everyone knew that the bill was a blatant attempt by the Chinese government to encroach on Hong Kong's autonomy. And now Hong Kong's people are demanding full-on democratic reforms to halt any similar moves in the future.

After a generation under the "one country, two systems" policy, the people of Hong Kong are accustomed to much greater political and economic freedom relative to the rest of China. For the protesters, it's about more than a single bill. Resisting Xi Jinping and the Communist Party means the survival of a liberal democracy within distance of China's totalitarian grasp — a goal that should be shared by the United States. Instead, President Trump has retreated to his administration's flawed "America First" mindset.

This is an ideal opportunity for the United States to assert our strength by supporting democratic values abroad. In his inaugural address, Trump said he wanted "friendship and goodwill with the nations of the world" while "understanding that it is the right of all nations to put their interests first." But at what point is respecting sovereignty enabling dictatorships? American interests are shaped by the principles of our founding: political freedom, free markets, and human rights. Conversely, the interests of China's Communist Party are the exact opposite. When these values come into conflict, as they have in Hong Kong, it's our responsibility to take a stand for freedom — even if those who need it aren't within our country's borders.

Of course, that's not a call for military action. Putting pressure on Hong Kong is a matter of rhetoric and positioning — vital tenets of effective diplomacy. When it comes to heavy-handed world powers, it's an approach that can really work. When the Solidarity movement began organizing against communism in Poland, President Reagan openly condemned the Soviet military's imposition of martial law. His administration's support for the pro-democracy movement helped the Polish people gain liberal reforms from the Soviet regime. Similarly, President Trump doesn't need to be overly cautious about retribution from Xi Jinping and the Chinese government. Open, strong support for democracy in Hong Kong not only advances America's governing principles, but also weakens China's brand of authoritarianism.

After creating a commission to study the role of human rights in U.S. foreign policy, Secretary of State Mike Pompeo wrote last month that the principles of our Constitution are central "not only to Americans," but to the rest of the world. He was right — putting "America First" means being the first advocate for freedom across the globe. Nothing shows the strength of our country more than when, in crucial moments of their own history, other nations find inspiration in our flag.

Let's join the people of Hong Kong in their defiance of tyranny.

Matt Liles is a writer and Young Voices contributor from Austin, Texas.

Summer is ending and fall is in the air. Before you know it, Christmas will be here, a time when much of the world unites to celebrate the love of family, the generosity of the human spirit, and the birth of the Christ-child in Bethlehem.

For one night only at the Kingsbury Hall in Salt Lake City, on December 7th, join internationally-acclaimed radio host and storyteller Glenn Beck as he walks you through tales of Christmas in the way that only he can. There will be laughs, and there might be a few tears. But at the end of the night, you'll leave with a warm feeling in your heart and a smile on your face.

Reconnect to the true spirit of Christmas with Glenn Beck, in a storytelling tour de force that you won't soon forget.

Get tickets and learn more about the event here.

The general sale period will be Friday, August 16 at 10:00 AM MDT. Stay tuned to for updates. We look forward to sharing in the Christmas spirit with you!