Howard Kurtz: Trump Tax Story "Not Quite The Bombshell Some Are Presenting It As"

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Host of Fox News Channel's 'MediaBuzz' Howard Kurtz speaks about the Donald Trump tax return leak.

HOWARD KURTZ, FOX NEWS: As you just saw, Rudy Giuliani and Chris Christie both using the word "genius" to describe this tax story. I think it ingenious on their part to try to spin this story in a way that is positive.

Look, as you've been observing this morning, Donald Trump broke no laws, if indeed he used that nearly $1 billion loss to wipe out his tax return for 15 or 18 years.

So I don't think it is quite the bombshell that some in the media are presenting it as, but it is a great story to have come out a month before the election when you are running against a 'rigged system' and it shows that Donald Trump took advantage of a rigged system.

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