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Trump angrily insists losing $1 billion in 10 years was just ‘sport’ after bombshell report busts his taxes

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President Donald Trump offered angry excuses for the staggering losses revealed in his tax returns from more than two decades ago.

The New York Times obtained tax returns showing that Trump lost more than $1 billion between 1985 to 1994, but the president insists the reports were “highly inaccurate” — while also claiming he manipulated his reported income to pay lower taxes.

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“Real estate developers in the 1980’s & 1990’s, more than 30 years ago, were entitled to massive write offs and depreciation which would, if one was actively building, show losses and tax losses in almost all cases,” Trump tweeted. “Much was non monetary. Sometimes considered ‘tax shelter,’ you would get it by building, or even buying.”

“You always wanted to show losses for tax purposes,” he added, “almost all real estate developers did – and often re-negotiate with banks, it was sport. Additionally, the very old information put out is a highly inaccurate Fake News hit job!”

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Conservative columnist nails the infectious diseases the Trump White House is suffering from

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On Wednesday, conservative columnist Max Boot revealed the "diseases" at the heart of President Donald Trump's administration that are weakening their capacity to respond to the very real disease threat from coronavirus.

Simply put: Fevered nationalism, hatred of the civil service, and a pathological desire to erase the legacy of President Barack Obama.

"Covid-19 has already infected more than 80,000 people in 37 countries, causing more than 2,600 deaths, and experts doubt it will slow in the spring," wrote Boot. "That a virus that started in China could have a bad impact on the United States should be no surprise: Diseases don’t respect borders any more than terrorists or trade flows do. Transnational threats require transnational solutions. To cite but one example, many of the medicines and medical supplies that Americans need, including N95 face masks, come from China."

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US has first case of community-spread coronavirus transmission — as Trump says spread is under control

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President Donald Trump did a Wednesday press conference where he said that the coronavirus was under control and only a little over one dozen people had it and it would be down to five people soon. In fact, the U.S. hit its 60th person. One dramatic shift happened in the virus, however.

According to KCRA, the first community-spread infection has occurred in California.

A Solano County patient “had no known exposure to the virus through travel or close contact with a known infected individual,” said the California Department of Public Health.

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‘He has no clue’: Internet slams Trump’s ‘breathtaking’ incoherence at coronavirus press conference

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On Wednesday, President Donald Trump gave a barely intelligible press conference on the coronavirus outbreak, during which he claimed he saved America by shutting down flights, appointed Vice President Mike Pence to lead a coronavirus task force despite having few qualifications to do so, suggesting his public health budget cuts are no big deal because he can just hire more doctors later, and insisting that it was Democrats, rather than the epidemic, that tanked the stock market this week.

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