New Trump Tax Records Reveal He Lost More Than $1B In A Decade
New details are out about President Trump’s finances that show his businesses lost more than a billion dollars over a decade. The New York Times claims it has obtained Trump’s tax records from 1985 through 1994 and that Trump claimed the most business losses of any American in a number of those years. In 1990 and 1991 his core businesses lost more than 250-million each year, more than double those of the next highest Americans claiming business losses. Trump paid no federal income taxes for eight of the ten years because of his high business losses. Trump claimed interest income of nearly 53 million dollars in 1989, but the source for that money is not known. The newspaper says no public records show anything that he owned that could have provided him with that much interest income.