Trump Tax Records <br />Reveal Over $1 Billion <br />in Business Losses, <br />'New York Times' Reports The ‘New York Times’ has obtained Trump’s<br />past tax data by matching his return information<br />to results in the I.R.S.’s public database. Between 1985 and 1994, Trump<br />reported losses totaling $1.17 billion. He avoided paying income taxes<br />for eight of those ten years. His casinos, hotels and retail<br />spaces were the biggest factor<br />in his losses, negating any profits<br />made through other ventures. His losses in 1990 and 1991 were<br />higher than any other taxpayer, with<br />more than $250 million lost each year. Trump's biggest loss came in<br />1995 when he claimed a negative<br />gross income of $915.7 million. Trump's lawyers have denied the<br />accuracy of the found information,<br />claiming them to be “demonstrably false.” Charles J. Harder, via ‘New York Times’ While these findings don’t answer the current<br />questions surrounding Trump’s financial situation, they do delegitimize his claims of being a<br />“self-made billionaire” and provide a detailed<br />glimpse into his proclaimed "financial success."
