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NYT obtained Trump’s tax returns — which document potential fraud and exactly how awful the president is at taxes

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Donald Trump on Instagram (Screenshot)

President Donald Trump’s ongoing efforts to keep his finances from undergoing public scrutiny continued to fail on Tuesday as The New York Times published a bombshell report based on his tax returns.

“The numbers show that in 1985, Mr. Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. They continued to lose money every year, totaling $1.17 billion in losses for the decade,” the newspaper noted. “In fact, year after year, Mr. Trump appears to have lost more money than nearly any other individual American taxpayer, The Times found when it compared his results with detailed information the I.R.S. compiles on an annual sampling of high-income earners. His core business losses in 1990 and 1991 — more than $250 million each year — were more than double those of the nearest taxpayers in the I.R.S. information for those years.”

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Trump avoided paying taxes for eight of the ten years because of how much money he lost on business.

The story includes the subheads, “The Art of Losing Money” and “A Vulture’s Appetite.”

“Every year from 1985 through 1994, Donald J. Trump reported a negative adjusted gross income on his tax returns. That number grew as new losses were combined with those from prior years,” the newspaper noted. “The 10-year total: $1.17 billion in losses.”


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2020 Election

Trump makes his closing pitch to ‘suburban housewives’ at rally: ‘Women, I like women — I like women!’

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President Donald J. Trump made his closing pitch to who he called "suburban housewives" at his Arizona rally Monday. He bellowed, "Women, I like women -- I like women!" in a classic Trumpian move while his supporters cheered.

"Listen, here's the story. They said 'suburban women' -- I used to call them 'suburban housewives,' I got killed all the time. I said, 'ugh, I better go politically correct.' Is there one woman here who minds being called, if you're married at least, a 'suburban housewife' 'cause..."

The crowd erupted with "No!"

"The only ones who mind are those characters... there's a lot of people up there - the press, right? Those are the only ones. The rest of them don't."

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‘Backing out again?’: Trump ridiculed for trying to ‘wimp’ out of debate with whiny letter about the topics

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President Donald Trump's campaign manager Bill Stepien sent a long, rambling letter to the Presidential Debate Commission attacking them for being all-in for Vice President Joe Biden and demanding that they change the debate topics.

Moderator Kristen Welker said that the topics they intend to discuss will be fighting the COVID-19 pandemic, issues facing American families, race in America, climate change, national security and leadership in general. Stepien complained that "national security" or "leadership" doesn't have enough to do with foreign policy as he would prefer.

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Trump says he could raise $1 billion in a single day — he just doesn’t want to

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Speaking at a rally in Prescott, Arizona, this Monday, President Trump gave an excuse as to why he's not matching Joe Biden when it comes to fundraising, saying that he'd be "the greatest fundraiser in history" -- all he'd have to do it call up every Wall Street firm and major company in the U.S.

"I would take in more money, but you know what? I don't want to do that, because if I do that I'm totally compromised -- because when they call me, you know, you're a loyal person and what happens, is, hey -- you'll do things..." Trump said.

Watch the video below:

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