TRUMP HAD LOSSES OF $1.7 BILLION OVER A DECADE, NYT REPORTS By Shannon Pettypiece May 7, 2019, 8:09 PM EDT
President Donald Trump, who won the presidency in part on his image as a successful business mogul, lost $1.7 billion over 10 years on failed business deals, according to tax records obtained by the New York Times.
The losses, in the 1980s and 1990s, were greater than those reported by nearly any other American taxpayer during that period, according to Internal Revenue Service data the Times said it had reviewed. In 1990 and 1991, according to the Times report, Trump’s loses of $250 million a year were more than double those of the nearest taxpayer the IRS collected information on. CONTINUED... https://www.bloomberg.com/news/articles/2019-05-08/trump-had-losses-of-1-7-billion-over-a-decade-nyt-reports?srnd=premium
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