NYT: Decade in the Red: 45 Tax Figures Show Over $1 Billion in Business Losses

[Filliam H. Muffman]

He is such a terrible businessperson that his losses are so great that he hasn't paid any taxes in 8 of the last 10 years. That sure sounds like someone that needs his returns audited...

Note the 'interactive' label. It's not as bad as some of their stories, looks like this one will save/archive properly.

www.nytimes.com/interactive/2019/05/07/us/politics/donald-trump-taxes.html

[samintx]

I think his book came out in that period. It won’t faze his minions.

[btfc]

"8 of the last 10 years"

8 of 10 years from 1985 to 1994.

"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."

One of the biggest losers in the history of losing. Perhaps the biggest loser ever.

[hal]

The newly revealed tax information sheds light on how those net operating losses snowballed. By 1991, they had grown to nearly $418 million, accounting for fully 1 percent of all the losses that the I.R.S. reported had been declared by individual taxpayers that year.

That's an astonishing feat!

Yep, he's a 1%er

[steve...]

Orange Cheeto must be rabid tonight. (tu)

[Speedy]

Fake news.

[NewtonMP2100]

....L...........loser...........

[sekker]

And exactly why the IRS will never release his tax returns.