10 Years Of Trump's Tax Information Released By New York Times

[Brainstormy]

This discussion thread was locked as off-topic by Omaha Steve (a host of the Latest Breaking News forum).

Source: Huffington Post

President Donald Trump’s tax filings from 1985 to 1994 show that he had accumulated more than a billion dollars in business losses over the course of the decade, according to newly revealed tax information obtained Tuesday by The New York Times.

In the 10-year stretch, Trump racked up nearly $1.2 billion in core business losses, according to the Times’ analysis of the president’s federal income tax information from those years. The loss paints what the Times called a bleak picture of Trump’s businesses, which he has always touted as successful.

The news comes as the president continues to feud with House Democrats over the release of his federal tax returns from 2013 to 2018.


Rep. Bill Pascrell (D-N.J.), who serves on the House Ways and Means Committee working to get Trump’s tax returns, said in response to the Times report that the president’s “entire tenure is built upon the most colossal fraud in American political history.”



Read more: https://www.huffpost.com/entry/donald-trump-tax-returns-nyt_n_5cd2105be4b0a7dffcce31f0

[Hekate]

1. KICKETY

[Hekate]

2. I love the smell of printer's ink in the morning. All hail the First Amendment.

[ArizonaLib]

7. Love it!

1st amendment remedy to the rescue

[duforsure]

4. How long

Before they discover his loss claims were fraudulent while he was putting money into his pockets, then paid no taxes.

[watoos]

5. The Huffing Paste link was disappointing and misleading in spots.

I want to know who gave trump that 52.9 million dollars in interest payments in 1989? It takes a big sum of money to rake off 52.9 million in interest. What % was he getting I wonder? Even at something like 14% that's a big sum of money.

Wherever the reporters got the tax records they also got records from Trump's dad Fred. The records from Fred matched his actual tax returns to the penny so that gives credibility to the source that the NY Times used.

I haven't heard anyone suggest the scenario that the reason that trump lost so much money was because he was laundering money. I don't know, maybe that is a dumb question? It is pretty hard to flat out bankrupt casinos unless one did it deliberately.

[Kurt V.]

6. i agree with this guy:

@BrendanNyhan
·
8h
"This is a man who was handed hundreds of millions of dollars, flushed it down the toilet, and was desperate to maintain his image of wealth and success. You couldn’t invent a more inviting target for a foreign intelligence service to manipulate."

[dalton99a]

8. +1

[Honeycombe8]

9. I'd love to know HOW the NYT got this tax info.

That's probably a great story in itself. SOMEONE in a key position somewhere....gave this information to someone, for the purpose of it being released to the public.

Maybe I don't want to know. I don't want that person to get in trouble. But I'd LOVE to know how the NYT got it.

[Omaha Steve]

10. After a review by forum hosts...locking.

Duplicate. See earlier post here: https://www.democraticunderground.com/10142313167