More than $1 billion over 10 years. That’s how much money Donald Trump’s businesses lost from 1985 to 1994, according to The New York Times.
The newspaper learned the details about a decade’s worth of Trump’s tax records, which indicate that he lost more money than nearly any other individual US taxpayer during that time period.
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Trump also lost so much money that he didn’t have to pay income taxes for eight of those 10 years. An attorney for the President said the Times’ story was “demonstrably false” but didn’t cite any specific errors.
Trump has refused to release his tax returns to the public despite pressure from Congress.