The NYT has obtained DJT tax return information for ten years: 1985 to 1994.
They have a printout of the “IRS transcript” that has all of the boxes from the 1040 and all of the attached schedules.
In the best year that he had, he lost $4.5 million dollars.
Most of these losses are OPM—money from banks that he didn’t pay back. He didn’t lose money out of his own pocket. He also barely paid taxes for any of this time.
He claimed $1.2 billion that’s BILLION with a B in business losses over that decade, more than twice as much as any other individual in the country.
Details are coming out now—will update as information is added!
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links to the reporting:
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1. Trump was deep in the red even as he peddled deal-making advice
2. In multiple years, he appears to have lost more money than nearly any other individual taxpayer
3. He paid no federal income taxes for eight of the 10 years
4. He made millions posing as a corporate raider — until investors realized he never followed through
5. His interest income spiked in 1989 at $52.9 million, but the source is a mystery