Trump Tax Returns Show Losses of $ 1,000 Million – The Republic EC



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Donald Trump's Photo Mar-a-Lago: wptv.com

USA.- Trump's tax returns show losses of $ 1,000 million between 1985 and 1994 (Europa Press) –

The business of US President Donald Trump suffered losses of more than $ 1,000 million between 1985 and 1994, reported Tuesday the local newspaper "The New York Times", which got copies of the official transcripts of the Service. internal taxes.

According to the newspaper, the New York magnate recorded losses of more than $ 250 million in 1990 and 1991, which appears to be more than double that of any other taxpayer in the United States, according to the agency.

Thus, the American leader lost so much money that he could avoid paying income tax for eight of those ten years. Trump, for his part, attributed the first recorded bankruptcies to the resection that occurred in the early 1990s.

However, the decade of tax information obtained by & # 39; The New York Times & # 39; he describes a different and much more bleak picture of his trading abilities and his financial situation.

Trump, a real estate mogul who entrusted the operation of his business to his children after winning the 2016 presidential elections, boasted of his vision and business acumen during the election campaign.

The figures show that in 1985, the leader had a loss of $ 46.1 million in his main business segments, mainly casinos, hotels and business premises in apartment buildings. They continued to lose money every year, with a total of 1,170 million losses in ten years.

Shortly after, in 1987, Trump himself badured that he "did not do it for money". "I have too many, many more than I've ever needed," he said then. A year later, the president insists that "if the world went to hell, I would not lose a dollar."

On Monday, US Treasury Secretary Steven Mnuchin officially rejected Congress's request to provide the president's tax returns, saying that this request "has no legislative purpose".

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