Trump Tax Records
Reveal Over $1 Billion
in Business Losses,
'New York Times' Reports The ‘New York Times’ has obtained Trump’s
past tax data by matching his return information
to results in the I.R.S.’s public database. Between 1985 and 1994, Trump
reported losses totaling $1.17 billion. He avoided paying income taxes
for eight of those ten years. His casinos, hotels and retail
spaces were the biggest factor
in his losses, negating any profits
made through other ventures. His losses in 1990 and 1991 were
higher than any other taxpayer, with
more than $250 million lost each year. Trump's biggest loss came in
1995 when he claimed a negative
gross income of $915.7 million. Trump's lawyers have denied the
accuracy of the found information,
claiming them to be “demonstrably false.” Charles J. Harder, via ‘New York Times’ While these findings don’t answer the current
questions surrounding Trump’s financial situation, they do delegitimize his claims of being a
“self-made billionaire” and provide a detailed
glimpse into his proclaimed "financial success."