- Jun 4, 2004
- 16,665
- 13,405
- 146
Lost over a billion from 85-94.
https://nyti.ms/2PQJodC?smid=nytcore-ios-share
Haven’t read the article yet.
https://nyti.ms/2PQJodC?smid=nytcore-ios-share
Haven’t read the article yet.
So the Shart of the Deal?Such good deals. The deal master!
If bullshittery was an art he’d be one of the Italian masters.
So the Shart of the Deal?
I think the losses came from casinos, which is even sadder, but I think it was due to other states finding loopholes to open their own casinos. Atlantic City never recovered.How the actual fuck do you manage to lose over 1B in the fucking 90s, especially in real estate. All he had to do was sit on his hands, property, especially in NY, appreciated like crazy IIRC.
“The real estate business — we’re in an absolute depression,” Mr. Trump told the lawmakers, adding: “I see no sign of any kind of upturn at all. There is no incentive to invest. Everyone is doing badly, everyone.”
Everyone, perhaps, except his father, Fred Trump.
While Donald Trump reported hundreds of millions of dollars in losses for 1990 and 1991, Fred Trump’s returns showed a positive income of $53.9 million, with only one major loss: $15 million invested in his son’s latest apartment project.
So we learned fat ass is a bad business man? That's not news but.......
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.
The last few paragraphs really twist the knife:
Lol. What a worthless piece of shit.
Mofo will just say its fake news.Damn that has to sting to be made public.
So we learned fat ass is a bad business man? That's not news but.......
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.
Is this winning?
And so, year after year, Mr. Trump appears to have lost more money than nearly any other individual taxpayer, according to the I.R.S. information on high earners — a publicly available database with taxpayers’ identifying details removed. Indeed, in 1990 and 1991, his core businesses lost more than $250 million each year — more than double those of the nearest taxpayers in the sampling for those years.
You think you can claim more than twice the losses than any other person in the country, back to back years, and not get a full rectal exam? I’d be shocked if that wasn’t torn into completely by the IRS.Trump's tax returns will always show that he lost huge sums of money, so he never has to pay a dime in taxes. I would suggest that he has made far more than his returns show and is just a liar and a cheat.