Trump tax returns from 1985 to 1994 show $1 billion in losses

  • 📰 SBSNews
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 89%

Australia Headlines News

Australia Latest News,Australia Headlines

US President Donald Trump’s businesses lost more than $1 billion from 1985 to 1994, according to the New York Times, which said it obtained printouts from Trump’s official Internal Revenue Service tax transcripts.

The newspaper said Trump posted losses in excess of $250 million in both 1990 and 1991, which appeared to be more than double any other individual US taxpayer in an annual IRS sampling of high-income earners.

Trump lost so much money that he was able to avoid paying income taxes for eight of the 10 years, the Times said.Over the 10 years, Trump’s core businesses, including casinos, hotels and apartment buildings, lost $1.17 billion, according to the newspaper. The Times quoted a lawyer for the president, Charles Harder, as saying the tax information was “highly inaccurate.”

Trump, a real estate magnate who turned over the running of his businesses to his sons after his election in 2016, touted his business acumen and negotiating skills on the campaign trail. Exclusive: The New York Times has obtained a decade of Donald Trump’s tax figures. They show over $1 billion in business losses from 1985 to 1994.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Art Of The Deal... HAHAHAHAHAHAHAHA! loser notmypresident crook

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Formula 1: Ayrton Senna 25 year death anniversary; tributes for Brazilian legend, Imola 1994“Every era has someone who changes the sport and he was one of those people.” N_Watson_ I remember this day. Was so sad. He was my favourite!!! Still have a poster with his signature 😢
Source: FOXSportsAUS - 🏆 24. / 51 Read more »

Labor backed $1.7b hospital deal with tax-haven linkLabor approved a $1.7 billion foreign takeover of Australia's largest private hospital operator by two Cayman Islands-linked companies when it was last in power | ErykBagshaw ColinJKruger ErykBagshaw ColinJKruger HOSPITAL Morrison Govt, Over the last five years, funding for hospitals has increased by 63.2 per cent. ErykBagshaw ColinJKruger Why can’t there be caveats that prevent governments and political parties from doing business with entities that trade through offshore tax havens? Doing business via tax havens doesn’t pass pub tests, why should it pass government criteria? ErykBagshaw ColinJKruger Your previous stories on Brookfield/Healthscope made no reference to Brookfield connection to Cayman Is. Only when MichaelWestBiz did story did you research back 7-8yrs on Labor. Did you know about Brookfield/CI connection when you wrote previous stories?
Source: smh - 🏆 6. / 80 Read more »

Deutsche Bank once got a look at Donald Trump's tax returns, with some help from IvankaDonald Trump doesn't want anyone to see his tax returns. Not the public. Not Congress. But in 2012, a team from Deutsche Bank got a look. TrumpCrimeFamily
Source: smh - 🏆 6. / 80 Read more »

Formula 1: Ayrton Senna 25 year death anniversary; tributes for Brazilian legend, Imola 1994“Every era has someone who changes the sport and he was one of those people.” N_Watson_ I remember this day. Was so sad. He was my favourite!!! Still have a poster with his signature 😢
Source: FOXSportsAUS - 🏆 24. / 51 Read more »

'Just show us the money': Victorians still waiting for $3 billion 'locked box' to openIf a Shorten Labor government wants to hand $2 billion in infrastructure funding to Victoria, does it really matter where it's coming from? Well - yes, if the Victorian treasurer and Labor's infrastructure spokesman both claim the cash doesn't exist. Under a Labor Government...NEVER! Federal -Liberal and Labor - 'Show us Victorians the money promised' - instead of all the lies, mistruths, political rhetoric and bullshit, that you regularly regurgitate to honest hard working Australian Voters! Less 380k stolen from the red t-shirts electoral tampering which not one of the 21 mps even received a fine.
Source: theage - 🏆 8. / 77 Read more »

Folau rejected $1 million peace offeringWallabies superstar Israel Folau reportedly rejected a peace offering of nearly $1 million to walk away from Rugby Australia as the bitter code of conduct hearing continues in Sydney today. Tatted up hypocrite! If Folau broke his contract,then like any other contract breaker he should go,RELIGION,faith should be kept to the places of worship. Aye I reckon he’s staying u don’t offer ‘peace offerings’ to someone u can just boot
Source: newscomauHQ - 🏆 9. / 77 Read more »

Australia's 'Trump whisperer' Joe Hockey to return home next yearExclusive: Australia's ambassador to the US Joe Hockey plans to return home when his four-year term expires in January, regardless of the federal election result | KnottMatthew KnottMatthew Ah he got sick of double dipping and living off the tax payer whilst criticising those on welfare payments JoeHockey KnottMatthew Shame. Such a great ambassador. Think of all the things he's done like... wait a minute... no, I had something there... he... great ambassador, well worth the money. KnottMatthew What do you mean by Trump whisperer?
Source: smh - 🏆 6. / 80 Read more »

Fresh images show North Korea missile launch as Kim tests TrumpIt serves as a clear warning of leader Kim Jong-un's frustration at the state of talks with the US, which have been deadlocked since President Donald Trump walked out of their Vietnam summit. 9News satellite images show the burnt-out milk bottles he launched them from
Source: 9NewsAUS - 🏆 10. / 72 Read more »

The Daily Telegraph appeals Rush defamation loss, claims judge was biasedThe Daily Telegraph files an appeal against the decision in a high-profile defamation case brought against it by Geoffrey Rush, claiming the Federal Court judge who ruled in favour of the Oscar-winner was biased. MeToo abcnews auspol 'The greatest shame of this story ... belongs to the journalists who, against all evidence and to the detriment of their profession and their nations’ democracies, continue to participate in the charade that what the Murdochs do is journalism.' Claiming every decision that goes against you is ‘biased’ is so 2019.
Source: abcnews - 🏆 5. / 83 Read more »

Ariel Winter is unrecognisable with bright red hair following weight loss.arielwinter1 reveals new 'Little Mermaid' look and fans are freaking out arielwinter1 Poor thing. Has always been gorgeous but dreadfully insecure, so she has been continually changing herself to try and find something I sadly think she never will. Hopefully that doesn’t send her off the deep end some day. At least she can afford a therapist.
Source: newscomauHQ - 🏆 9. / 77 Read more »

Tziporah Malkah flaunts bikini body after 50kg weight lossTziporah Malkah, the model formerly known as Kate Fischer, has shown off her stunning 50kg weight loss. Good on her... she's batshit crazy though 😍 Why isn’t she revealing her belly button? Surgery Scars or just plain excess saggy skin which she’s self conscious about? She hasn’t had a C-section/pregnancy, she would’ve told everybody if she ever had
Source: newscomauHQ - 🏆 9. / 77 Read more »