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COMMENTARY OF THE DAY
By
Robert Namer
Voice Of America
©2019 All rights reserved
May 08, 2019

     Silly waste of time and fake news. The New York Times obtained 10 years worth of President Trump’s tax returns from the late 1980s and early 1990s — and reported how he lost hundreds of millions of dollars on failed business deals.  

     The documents from 1985-1994 show he lost millions each year on casinos, hotels and retail space — totaling a loss of $1.7 billion for the decade, according to the paper. Compared to IRS data, Trump lost more money than most other taxpayers during that time during that time.

     Everyone who has any financial knowledge knows that a paper loss for tax purposes is common practice.  Let the NYT owners put the tax returns on the line.

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