Into the Night
Contributor
Argument from randU fallacies.Lets not forget this...
Donald Trump’s massive historical tax losses were thoroughly exposed and confirmed. [1]
Here are the facts regarding his filings and how they stack up against the rest of American history:
Fact-Checking Trump's Historic Filings
The New York Times acquired printouts from official IRS tax transcripts spanning the years 1985 to 1994 for Trump's federal 1040 forms. The records revealed that Trump's core businesses—primarily his hotels, casinos, and apartment spaces—suffered a total loss of $1.17 billion over that decade. [1, 2, 3]
Furthermore, during a 2022 Manhattan criminal trial involving the Trump Organization, his longtime accountant, Donald Bender, testified on the witness stand and under oath, explicitly confirming that Trump reported continuous losses every single year from 2009 to 2018, including nearly $700 million in losses in 2009 alone. [1, 2]
Is there any other American with a larger single-year loss?
According to the IRS's own data, no other individual American taxpayer is known to have filed a larger single-year loss during that era. [1]
When the New York Times compared Trump's transcripts against the regular anonymous samplings the IRS compiles on high-income earners, they discovered that Trump's core business losses in 1990 and 1991—which exceeded $250 million each year—were more than double those of the next-nearest individual taxpayers in the database. For that specific decade, he effectively lost more money than almost any other individual filer in the United States. [1, 2]
Random numbers are not data, Kewpie.
TDS. Avarice.
