Trump tax records show $1 billion in business losses over a decade—which enabled him to avoid 8 years of income tax

Newly obtained tax documents reveal President Donald Trump’s businesses lost more than $1 billion between 1985 and 1994, an amount so large that he was able to avoid paying income tax for eight of those years, according to The New York Times.

Trump’s negative gross income across that decade was so high it enabled him to avoid paying income tax for eight of those years. Trump lawyer Charles Harder told the newspaper on Saturday that the tax information it compiled was “demonstrably false.” The statements “about the president’s tax returns and business from 30 years ago are highly inaccurate,” he added, without saying which figures in particular were in his opinion erroneous.

That’s what businesses do

Look how small his hand is! Must be why all that money slipped through his fingers.

It's the immigrants, working poor, and special needs citizens that are the problem. Not Cheeto. A millionaire, laborer and immigrant are looking at 1000 cookies. The millionaire takes 999 cookies, and tells the laborer 'look out, that immigrant is going to take your cookie!'

I can’t wait all his tax returns to be online so we can all see how corrupt he is!! Dang realDonaldTrump is peeing in pants 👖

Confirmed. Trump is a loser. Our only constitutional crisis is from ONE man....Trump. He is a criminal.

Republicans pass laws that enable crooked businesses to claim losses year after year. To avoid paying taxes. When really it’s just tax evasion. This is one of the big problems with republican politics. Stealing from the US people.

But I thought he was such a great business man

And in 2005, when he made a profit, he paid $38 Million in taxes for one year.... Whats your point?

Yeah... he wrote a book about it. 'Art of the Come Back' What's your point?

OLD NEWS....

Imagine someone who loves his country so much, even humps the flag, then evades taxes while railing on those who pay no taxes, then installs puppets in oversight positions so he can continue tax his evasion, fraudulent schemes. TrumpIsAFraud TrumpIsACriminal

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NYT: Trump business lost more than $1 billion over 10 yearsNEW: NYTimes has obtained 10 years of figures for President Trump's federal income tax returns from 1985 to 1994. I’m shocked!! And he paid no income taxes for 8 of 10 years. right because businesses never lost money before
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Donald Trump blames 'write offs' and 'depreciation' for $1 billion in business lossesPresident Trump blamed 'write offs' and 'depreciation' for millions in business losses in the 1980s and 1990s detailed in tax returns that are the subject of a New York Times report. Well, what did we think he'd say? That he would admit, finally, that he is the worst business 'leader' in the history of the world? Trump 2020
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