New York Times: Tax records show Trump had over $270 million in debt forgiven after failing to repay lenders

  • 📰 CNN
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 95%

United States Headlines News

United States Latest News,United States Headlines

President Trump has had more than $270 million in debt forgiven since 2010 after he failed to repay his lenders for a Chicago skyscraper development, The New York Times reports

An analysis of his tax records by the Times shows that after the Trump International Hotel & Tower in Chicago encountered financial problems, big banks and hedge funds cut Trump considerable slack, granting him years of additional time to repay his debts, much of which was ultimately forgiven.

The bank agreed to lend $640 million to the project, the newspaper said, but after construction delays, the loan came due while portions of the building were still unfinished.

 

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

how does he get away with everything?

Forgiven? How about that long list of people he screwed over? Forgiven? Trump University? Forgiven? His countless failures and multiple bankruptcies. Forgiven? Yet Melania can put up GOLD Wallpaper why countless small businesses had to eat his losses. Only hires the best! Who?

So what biden has a 4 million dollar home on a 100,000 a year job . What's wrong with this picture.

What is your business? He has been forgiven. If he was a bad person to his creditors, they wouldn't have forgiven him. You are drinking Panadol on another man's headache. God loves Bros Donald as he is. Donald Trump's Victory would shock everyone .

Anyone got their number?

Good for him

Fake news

And we want this fool to be president. Throw him in the swamps.

Do your job-cover everything. What about the Bobulinski interview?

Look that, guy claiming that he is billionaire. Lier. $287 millions? How can he get away? These banks never forgive small guy’s loan. forgive his millions? Unbelievable. Well he is failure in his personal business and failed the USA and our international relation with world.

That 270 million forgiven is considered income He needs to pay income tax Do those 1099s appear on his taxes

Typical hobo economics! Claims loses to eliminate payments!

Old news CNN, what does that have to do with him being President...Why don't you talk about the Violence, Rioting and Looting by the peaceful protesters...Not a mention...

Orange calf

🤣🤣🤣 poor Trump

Really ,let’s do Joe Biden and China and Hunter now monk ,,,,, you can’t ignore it forever ,,,,,

Give it up CNN.🤡🤡

Plausible Deniability = Biden Crime Family/ CNN

funny with no evidence they will put a story out about trump but will not touch the biden story with mounds of evidence

Fake news.

.realDonaldTrump doesn’t “fail” to pay his debts. He just doesn’t pay his debts. TrumpIsADeadbeat ResignNowTrump

Biden Should announce today a special task force to watch every move The Orange One makes from his defeat until January 20. He is going to Fire Sale, and take everything, including the silverware, the entire country in the 70 days he will have left to Grift.

Who cares?!

He steals in his business life so he must be stealing during his presidential life.

Disgusting bilker!!

CNN. “It’s our job to go there and tell the most difficult stories.” LOL. Silly network. Btw your evening line up sucks. Need a new strategy.

It seems that all the leading media of United States are bent upon to condemning Trump on various issues to affect his presidential election up to extreme extent but by and by they'll come to know that fortune is in favour of Trump and is going to repeat his presidential electins

Lol nice try but was the debt to a foreign nuclear power? Bobulinski LaptopFromHell

They were trying to rip him off

In the meantime, our college kids can’t get $10 of student loans forgiven.

270!? Trumps ass owes 8 different banks over 700 million!!!!!

Trump minority success policies would have banks give black people $200,000 million donations too?

F r a u D

We call that loser.... A THIEF !!!

FakeNewscnn

Don the Con

Who forgives the debt?

AshleyJudd You'll think it's unrelated, but Fargo season 3, the parking lot guy. Oh yeah, that's right forgiven debt to launder criminal cash. Humm! 🤔🤔🤔🤔🤔

Crooked Trump needs to go to prison!! If anybody else piled up all of his tax, bank and business fraud, they would have been in jail years ago!! Who did Trump pay off

We're no strangers to love You know the rules and so do I A full commitment's what I'm thinking of You wouldn't get this from any other guy I just wanna tell you how I'm feeling Gotta make you understand Never gonna give you up Never gonna let you down Never gonna run around

C’est un menteur il à toujours autant des dette pour Trump

Go Trump

CNN. So we know it isn’t true

Y’all better worry about Hunter Biden not Trump2020

Do they have proof? They never provide proof

If you don't like the CNN reporting these things about Holy Trump, WHY DO YOU KEEP ON WATCHING OR READING CNN. Switch to what strokes your ego and makes you happy.

Ah good. The NYT again. Competion for the Enquirer...maybe...

Maybe - Biden’s family business is responsible for millions $ gained by SELLING INFLUENCE TO CHINA, UKRANE, Russia, and others. Lock them up

Companies do not forgive debt without a reason!

who cares

This is ridiculous! He should be thrown in jail!

If u report this u better start reporting real news u know what I mean Biden Lies

Typical repugnican

CNN won’t report the truth about TonyBobulinski and his dealings with the Biden’s!! research it people! You should be worried to why the media won’t tell you the truth!

Philadelphia is on fire, stores are being looted, Pennsylvania police officers are in the hospital and Joe Biden doesn't care.

Every day it is something new with this crook, and yet he is still around!! What will it take to get rid of this cockroach

Did anyone do any homework on this criminal, he’s robbed the government as well as businesses that he’s owned, he stiff all of the subcontractors he hired.

Okay and

Good luck next tuesday guys!!!

Can my loans be forgiven also? 😠

They expected payment in kind. Spread those cheeks Donnie!

There was a real estate crash and a lot of Depreciation in value happen at that time - Private Citizen global 'big businessman' Pretty normal stuff...

Maybe he shoulda laundered money like the Biden’s?

Funny CNN not the only one reporting this....wake up people the President of this country is the most corrupt person and his GOP enable him at our expense

And normal people can't bankrupt their student loans when drowning in the debt KamalaHarris JoeBiden

Or as his toy boy vanilla kkk son in law would say, the banks wanted him to be successful more than Trump wanted to be successful

Why don’t we discuss how Biden got rich?

XiNN

And Joe Biden is corrupt and takes Ukrainian money. Who cares.

AshleyJudd You mean the same Chicago Skam-scraper he assigned his “Apprentice” to!! What an effing joke and film flam artist!

How about reporting on the BOBULINSKI BOMBSHELL!!

nytimes Fake news

WHEN WILL CNN BE AIRING THE BIDEN CRIME FAMILY CORRUPTION

Well, he couldn't be bailed out by daddy anymore.

JoeBiden Sure but Joe aka 'The Big Guy' taking 10% under the table from Hunter through Communist China is not worth reporting It keeps the narrative he hasn't taken money from foreign governments. I understand. It's all CNN's motivation to try to defeat POTUS .

Hey CNN it is great that you are covering all these stories about Trump, however where is your coverage about Joe Biden and his alleged corruption. It seems there is a story there and the information is legitimate. At least report on it. Don’t ignore it.

jack TwitterSupport shouldn't this article be blocked and cnn be locked for sharing a article using sources who used illegally sourced materials? Or is that just a rule against one political party? nypost

Nice way of deflecting from the issues at hand with CrookedJoeBiden and his corrupt family. realDonaldTrump

Al Capone went to prison for less

What is the current debt Don has, and to whom is it owed to? realDonaldTrump

So he didn’t take it from China? The Urikraine? WheresHunterBiden plausabledeniability TonyBobulinski

How many favors/intel has he done for Russia/Putin, China etc to pay these loans down? This is why it’s not ok for a president to be indebted to foreign adversaries. Trump is compromised. VOTE HIMOUT

He filed extensions in 2016/2017: Legal He pre-paid 5.2 million: Legal He ended up owing less, left money w/ the IRS for future payments, & had to pay $750 the first two years of his presidency because he already overpaid in previous 2 years: Ummm... Legal.

Trump gets $700 million loan from Deutsche Bank. Trump sues Deutsche for 'predatory lending practices' !! Deutsche Bank mysteriously folds on the remaining $280 million trump owes...!! $700 million minus $280 million = $420 million. Sound familiar?

Who doesn't owe money?

Forgiven debt is income! I assume it was offset by losses from his failed Chicago enterprise. What do the returns show? TrumpTaxes nytimes

If you don’t report about Hunter Biden’s dealings you are not worthy of reading or watching, piece of s**t news, CNNFakeNews

But he is saving us from hunter’s laptop

Joe Biden's campaign:

C’mon man. Philadelphiariots

What about Bobulinski Do your job!!!! Politics stopyourcensorship

realDonaldTrump loser/tax freeloader

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:

 /  🏆 4. in US

United States Latest News, United States Headlines

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

Jews for Trump car parade stirs protests, fights in New YorkVideos shared on Twitter show protesters pelting the vehicles, traveling from Coney Island to Manhattan, with eggs or stones and shouting insults. No ATTACKS BY DEMOCRATS. Not “fights” Jews for trump.. 😏 like how.. Don’t fight! Just ignore them and just go about your business AND VOTE!
Source: latimes - 🏆 11. / 82 Read more »

Trump store burgled in New York, police launch investigationThieves allegedly broke into the store, which sells Trump-branded merchandise, before fleeing with stolen cash. Did they steal the hats that are made in CHINA?! 🔶Trump Store filled with Chinese made merchandise supporting China. Not made in America! More politically motivated attacks by the left. I’m nervous about what’s going to happen when conservatives decide not to be quiet anymore.....
Source: Newsweek - 🏆 468. / 52 Read more »

Early voters in New York wait in line for hours to make a statement - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. newyork vote EarlyVoting trump america BidenHarris2020Landslide BidenHarris2020
Source: BusinessInsider - 🏆 729. / 51 Read more »

No more putting ‘I Voted’ stickers on Susan B. Anthony’s headstone in New YorkClear plastic sleeves have been put over Susan B. Anthony’s headstone, and her sister’s, because sticker adhesive and removal were causing damage. It's be cool if the Friends of Mt. Hope could set up a website where we could place a virtual sticker! What a dumb idea that was... Trash someone's gravestone, really? What a dumb idea that was... Trash her gravestone every year and force someone to clean up the mess, great tribute.
Source: USATODAY - 🏆 100. / 63 Read more »

New York City’s Early Voting Sites Need More Staff, Machines, Mayor SaysNearly 200,000 people in New York City cast ballots for the presidential election during the first weekend of early voting, but hourslong waits sparked calls for more voting sites and other reforms. sounds like that is a city and state issue... In progressive New York, I don't believe it. Haha. Another fail for DeBlasio and Cuomo.
Source: WSJ - 🏆 98. / 63 Read more »

Protesters Sue New York City Mayor, Police Officials Over Handling of ProtestsEleven protesters on Monday filed a lawsuit against New York City Mayor Bill de Blasio and New York Police Department officials, accusing them of playing a role in the alleged misconduct of some officers during Black Lives Matter demonstrations in the city over the summer. Bye bye Blasio Game over to NY. Congrats Demon-crats. The Marxist org called BLM...shoots it’s golden goose Bill?
Source: WSJ - 🏆 98. / 63 Read more »