A decade in the red for TrumpThe NYT obtained 10 years of previously unrevealed figures from Donald Trump’s federal income tax returns, for the years 1985 through 1994. The second half of that decade was known to be one of his roughest patches financially, but the new numbers — from printouts of I.R.S. transcripts — suggest his losses started earlier and went deeper than previously thought, Russ Buettner and Susanne Craig write. • “In 1985, Mr. Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. Trump lost so much money that he was able to avoid paying income taxes for eight of the 10 years.”

Source: International New York Times May 08, 2019 10:17 UTC