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 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 were so high it enabled him to avoid paying income tax for eight of those years. Charles J. Harder told the newspaper on Saturday that the tax information they compiled was “demonstrably false.” The statements “about the president’s tax returns and business from 30 years ago are highly inaccurate,” he added, without explaining which figures in particular he believed to be erroneous.
In essence the WEALTHIEST man in AMERICA and most POWERFUL on the PLANET has manipulated that POWER to ensure his family & himself are accumulating MORE WEALTH paying 0️⃣ taxes while Jo familes clips-cpns to save $1️⃣ on food while realDonaldTrump dines on $1️⃣1️⃣0️⃣ prelbs Kobe beef
u don't pay tax when you lose a lot of money
Trump is a fraud. Always has been.
A lightly larger tax cut for the wealthy might allow a lightly tax cut for middle class, and lower class Americans.
Reckless grifter conman, failed businessman and tax cheat. Thanks Republicans
This is why people like me who had to pay $4000 in taxes last year on a under $60k income (wife masters degree school counselor) and spends thousands a yr on medical bills due to disability. Glad he can say he’s a billionaire, must be nice to be privileged amplife
It’s called taking advantage of tax laws , as they are written by our politicians. Every company does the same thing. Change the laws!
The real story is that Trump lost his yacht, other assets and was so deep in debt he was begging banks for more loans and they refused because he had defaulted on so many ….. and then he turned to Russian oligarchs to bail him out.
BillionDollarLoser ImpeachTrump ImpeachDonaldTrumpNOW
Which also enabled him to get the label of BilionDollarLoser BillionDollarLoserInAMagaHat
Well 60% Of American knew he is a loser! What do you think he is doing with all this Deficit... Oh wait, like the investors, and subcontractors he stiffed we the people will now have to flip his debt created by him.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MSNBC - 🏆 469. / 51 Read more »