Tax information shows that the business of the President of Donald trump within 10 years (in the 1980-ies and 90-ies) suffered losses amounting to more than a billion dollars.
Reported by the New York Times, citing information from tax returns provided in those years to the Tax service of the USA (IRS).
According to the data obtained by the publication, trump reported losses of approximately $1.17 billion in the period from 1985 to 1994. Losses carried his business: casinos, hotels, residential buildings.
«Mr. trump, it seems, have lost more money than any other American taxpayer,» — said in The Times, comparing their data with the detailed information that the IRS is from an annual sample of individuals with high income.
The newspaper noted that it did not receive actual returns of trump, but «received information contained in the declarations of the one who had them legal access», and compared the data with public records IRS.
According to the New York Times, because of the large losses trump avoided paying income tax for eight of the ten analyzed years.
So, for example, in 1991, the losses of the companies of Donald trump was $418 million, according to the report, is 1% of all losses claimed by the taxpayers of the United States in that year.
The white house did not immediately respond to the report, but one of the personal lawyers of President Charles harder said that «tax returns of the President and his business 30 years ago are very inaccurate».
Let us add that recently, the US Treasury Secretary Steven Mnuchin rejected the request of the Committee on ways and means of the house of representatives (controlled by Democrats) to provide the Committee the tax Declaration of the President for 6 years, stating that the request «has no legal grounds».
