Wednesday, May 8, 2019

Reminder: "Donald Trump paid no income taxes in 8 of the 10 years we examined. His losses were so big that in 1991 they accounted for fully 1% of all business losses declared that year by individual American taxpayers" -Susanne Craig, the article's co-author. A different kind of 1% he belongs to.

While Donald Trump reported hundreds of millions of dollars in losses for 1990 and 1991, Fred Trump’s returns showed a positive income of $53.9 million, with only one major loss: $15 million invested in his son’s latest apartment project.
https://www.nytimes.com/interactive/2019/05/07/us/politics/donald-trump-tax-returns.html

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