Donald Trump claims to have lost $916 million on his tax return

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Donald Trump claims a $915,729,293 loss on his tax forms for 1995. Assuming his lawyers work hard to help him avoid paying taxes, it’s possible some of the loss is fabricated.

The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan.

Tax experts hired by The Times to analyze Mr. Trump’s 1995 records said that tax rules especially advantageous to wealthy filers would have allowed Mr. Trump to use his $916 million loss to cancel out an equivalent amount of taxable income over an 18-year period.

The New York Times

Note: The date used for this file is assuming Trump didn’t wait until the last minute to file his taxes. His signature overlaps the month on his tax forms, so it’s unclear which month he filed.

Sources

https://www.nytimes.com/2016/10/02/us/politics/donald-trump-taxes.html

https://www.nytimes.com/interactive/2016/10/01/us/politics/donald-trump-taxes.html

May 20, 2021

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Dates on Trump File reflect when something happens, not when it’s first reported.

Donald Trump claims a $915,729,293 loss on his tax forms for 1995. Assuming his lawyers work hard to help him avoid paying taxes, it’s possible some of the loss is fabricated.

The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan.

Tax experts hired by The Times to analyze Mr. Trump’s 1995 records said that tax rules especially advantageous to wealthy filers would have allowed Mr. Trump to use his $916 million loss to cancel out an equivalent amount of taxable income over an 18-year period.

The New York Times

Note: The date used for this file is assuming Trump didn’t wait until the last minute to file his taxes. His signature overlaps the month on his tax forms, so it’s unclear which month he filed.

Sources

https://www.nytimes.com/2016/10/02/us/politics/donald-trump-taxes.html

https://www.nytimes.com/interactive/2016/10/01/us/politics/donald-trump-taxes.html

NOTE FROM TF

Some files are incomplete as the site is still young and Trump world moves fast. Please use the source links to read further if a topic interests you or if you doubt its authenticity. I plan to go back and build on every file in the future.

If there is content you’d like to add context to or something that should be corrected, please contact us by clicking here or email us at trumpfile@protonmail.com

Support The Site:

Donate Today

Donate Monthly

Keep Reading

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