Alva Review-Courier -

Newspaper: Trump lost more than $1 billion from 1985 to 1994

 


WASHINGTON (AP) — The New York Times reported Tuesday that Donald Trump's businesses lost more than $1 billion from 1985 to 1994, based on tax information the newspaper acquired.

The Times said it has acquired printouts from the future president's official IRS tax transcripts, including figures from his federal tax form.

The newspaper said Trump reported business losses of $46.1 million in 1985, and a total of $1.17 billion in losses for the 10-year period.

After comparing Trump's information with that of other "high-income earners," the Times concluded that Trump "appears to have lost mo...



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