$1 billion loss: Why Trump didn’t pay tax for 8 years

US House passes $19.1bn disaster relief,
Share on whatsapp
WhatsApp
Share on facebook
Facebook
Share on twitter
Twitter
Share on telegram
Telegram
Share on linkedin
LinkedIn
Share on print
Print

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.

READ ALSO: Trump’s tax returns: US Treasury secretary defies congress

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.

(CNN)

Share on whatsapp
WhatsApp
Share on facebook
Facebook
Share on twitter
Twitter
Share on telegram
Telegram
Share on linkedin
LinkedIn
Share on print
Print