The New York Times did it again…
They tried to destroy President Trump by misleading their readers with a supposed scoop on Trump’s financial losses in the 80’s and 90’s.
The problem is that President Trump told that story himself almost 15 years ago!
President Trump responded to the attempted “hit job” by the liberal rag:
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. 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….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!
https://twitter.com/realDonaldTrump/status/1126078423816921092
Dear New York Times…
Your “scoop” on President Trump’s taxes is NOT a scoop.
Please see the video below where Trump tells the story of losing over one billion dollars during the 80’s and 90’s.
Even better, it’s the introduction to ‘The Apprentice’…his own show!
Greg Gutfeld had a great take on the “scoop” from the NYT on Trump’s taxes:
