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BOMBSHELL: Donald Trump Likely Did Not Pay Taxes For Two Decades

October 1, 2016

Now we know why Donald Trump will not release his tax forms like every other presidential nominee has done for decades.  The New York Times reports a BOMBSHELL story.

Donald Trump “declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years,” according to records obtained by the nation’s best and meatiest newspaper.

The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan.

Tax experts hired by The Times to analyze Mr. Trump’s 1995 records said that tax rules especially advantageous to wealthy filers would have allowed Mr. Trump to use his $916 million loss to cancel out an equivalent amount of taxable income over an 18-year period.


5 Comments leave one →
  1. October 3, 2016 10:44 AM

    When one takes what Mark Phillips from Green Bay has commented before about Trump on this blog saying that, “agree he is a disaster ” his public statement now that he will vote for the disaster makes him sound exactly like an Angry Old Real Man of Genius……

  2. October 3, 2016 10:38 AM


    My nose is ugly so I will cut it off to improve my face.

  3. Brainrants permalink
    October 3, 2016 5:53 AM

    “Trump is a lousy candidate for president…I still will vote for him”
    –Angry Old Real Man of Genius

    Comedy gold!

  4. October 2, 2016 9:31 AM

    Mark Phillips from Green Bay….writing under the name pkarm—-always makes me laugh.

    Over time he has commented about working long days and I strongly suspect like most people he pays his taxes. He also is known to kvetch about how the system is ‘rigged’ and how it is so hard for his kind to get ahead in life. Now when he learns this news about Trump not paying taxes for perhaps as long as 20 years Mark shows us all his simple side which is also an ironic side. That Phillips would in any way attempt to rationalize Trump’s not paying his share given his wealth makes him just another duped angry white man. Trump has played Phillips like a cheap violin as the billionaire strokes his ego and works to make even bigger personal gains for himself. The only one not cemented to this reality is Mark and those like him. Readers can only conclude from Mark’s comment–and those of others such as himself– that perhaps it is not the system that is to blame for not allowing more economic gain and upward mobility for this white segment of the nation but rather that there is an educational and logical missing component within this demographic which is to blame. There is simply no other way to justify Mark’s statement.

  5. pkarm61 permalink
    October 2, 2016 7:51 AM

    SO he has done what most Americans do every tax season find ways NOT to pay taxes. Its my goal every year to find any deduction that lowers my taxes which means I don’t pay more then necessary to the government who then pisses away that money mostly on failed entitlement programs .Trump is a lousy candidate for president, but I support his no tax success and I still will vote for him in hopes of keeping Hillary out of the White House. wish I could find a way to zero tax the US governement

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