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The numbers show that in 1985, Mr. Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. They continued to lose money every year, totaling $1.17 billion in losses for the decade.
In fact, year after year, Mr. Trump appears to have lost more money than nearly any other individual American taxpayer, The Times found when it compared his results with detailed information the I.R.S. compiles on an annual sampling of high-income earners. His core business losses in 1990 and 1991 — more than $250 million each year — were more than double those of the nearest taxpayers in the I.R.S. information for those years.
Ohhh the irony.Moderator cut: trolling/flaming Most dispassionate folks knew something was amiss when this guy that brags so much about how rich he is would never provide proof. The guy deserves public housing behind bars.
There will be a price paid for this illegal invasion of privacy. Hopefully the Left continues down this path so we can accelerate the coming conflict.
Last edited by Ibginnie; 05-08-2019 at 06:52 AM..
Reason: edited quoted post
How did he stay solvent running that type of deficit for 10 years, the question is who was propping him up, where was the income coming from. Who were his donors.
Doesn't anybody understand what a "paper loss" is?
It's quite easy for a real estate owner/developer to technically show a loss for the year on their financial statement, especially after depreciation and all expenses are factored in. Then they don't owe any tax, and yet still continue to pay themselves, operate the business, and watch it appreciate in value.
People that that are W-2 employees just don't understand this.
How do you cover paper losses of over a billion for 10 years.
How did he stay solvent running that type of deficit for 10 years, the question is who was propping him up, where was the income coming from. Who were his donors.
There will be a price paid for this illegal invasion of privacy. Hopefully the Left continues down this path so we can accelerate the coming conflict.
A lot of it doesn't look like it was leaked.
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They know it because Trump told them it’s true... and they believed him.
Forbes puts the value of his tangible assets at just over 2 billion.
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