Another great job by the New York Times.
This destroys Trump’s phony story about what a great businessman he is.
A decade in the red: Trump’s tax figures show over $1 billion in business losses. Here’s a glimpse of what he was up to during that decade. https://t.co/g8NSppm0Mo
— The New York Times (@nytimes) May 9, 2019
Really big issue is how Trump survived financially after 1994. Where did he get the cash to stay afloat? That’s what is hidden in more recent tax returns. https://t.co/rraT8AANb0
— Max Boot (@MaxBoot) May 8, 2019
Trump admits to racking up massive business losses, avoiding paying taxes, and treating the practice as “sport,” but says reporters are “fake news” for revealing the truth. https://t.co/W6Gt4N1hjV
— Jim Acosta (@Acosta) May 8, 2019
The President is pretty much saying that he used transactions w/out economic substance to inflate basis, overstate depreciation, and bilk the IRS. If anyone doubted whether House Ways & Means had a compelling oversight reason to see Trump’s tax returns, here you go https://t.co/A7DkMVYvc3
— Daniel Hemel (@DanielJHemel) May 8, 2019
New York Times reporter Russ Buettner: 10 years of Trump's tax information shows that he tried things that weren't working and built a "colossal record of failure over a decade" https://t.co/5jj7ezc9oI pic.twitter.com/CL57QtjE8m
— Cuomo Prime Time (@CuomoPrimeTime) May 8, 2019
"Donald is a con man. Chris, there is not now and there never has been any verifiable evidence that Donald Trump has ever had a billion dollars."@DavidCayJ on reporting that Trump lost $1.17 billion between 1985 and 1994 according to documents obtained by NYT. #Hardball pic.twitter.com/XIgejQFplH
— Hardball (@hardball) May 7, 2019
Times said Trump didn’t itemize any donations on his taxes. he didn’t need to: he was losing so much $, he couldn’t take charity deductions. https://t.co/cs2e823JaD
— David Fahrenthold (@Fahrenthold) May 8, 2019
“He’s a bold businessman,’ one host said. “What do people not understand about he’s a little bit different from most people?” https://t.co/A1nC0xoyY2
— Slate (@Slate) May 9, 2019
.@DavidCayJ: "A typical business person tries to grow their enterprises. Not Trump. He squeezes cash out [then] abandons them, leaving behind unpaid debts. Trump is a financial locust who flits off to find another sucker whose enterprise he can devour." https://t.co/kmZ6CUw48H
— Max Boot (@MaxBoot) May 9, 2019
In the 80s and 90s, Trump regularly touted his financial savvy. "Everything I touched turned to gold immediately," Trump told ABC News in 1994.
— ABC News Politics (@ABCPolitics) May 9, 2019
But a new report out Wednesday by the New York Times tells a very different story about Trump's finances: https://t.co/bY2Jui5UxG pic.twitter.com/seIYl6Zck3
My takeaways on the latest explosive @nytimes story on the Trumps’ taxes, with a quick summary by tweet. 1/ https://t.co/8FtHjTv04q
— Lily Batchelder (@lilybatch) May 9, 2019
This is astounding! Somebody who saw @realDonaldTrump at work during the period of his huge losses in the late 80s/early 90s. https://t.co/RP2Ibr9s5y
— David Fahrenthold (@Fahrenthold) May 9, 2019
Sad! 