Tax Records Obtained by The Times Reveal Trump May Have Avoided Paying Taxes for Nearly Two Decades

[ruggerson]

"Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years, records obtained by The New York Times show.

The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan."


http://www.nytimes.com/2016/10/02/us/politics/donald-trump-taxes.html?&hp&action=click&pgtype=Homepage&clickSource=story-heading&module=a-lede-package-region&region=top-news&WT.nav=top-news

[bettyellen]

1. Is this a quote? Link?

[ruggerson]

11. both

sorry one hand is out of commission temporarily, so i'm zooming along here at about three miles an hour.

[bettyellen]

13. Thank you!! Good stuff. Am excited about SNL - need a laugh!

[bluestateguy]

2. Did someone leak his returns?

????

[juxtaposed]

3. i pay about 10k a year, if he paid less than me he made less than me..

[VMA131Marine]

4. Not necessarily...

[juxtaposed]

6. no shit!

[Maru Kitteh]

9. probably not

Mr. Grinch thinks taxes are for the little people.

[MyNameIsKhan]

12. You have a honest income and pay taxes... this does not work for Trump

[doc03]

5. no surprise nt

[RBInMaine]

7. BAM BAM BAM!! This needs to go MEGA VIRAL.

[Iliyah]

8. I read over at DK. Apparently someone from t-rump towers

sent three pages for different states I think. If legit, it sure looks like t-rump may have avoided paying taxes because he claims to have lost money instead of making profits and nor breaking even.

[MyNameIsKhan]

10. Trump already certified these are correct but illegaly retained

[napkinz]

14. kick