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Robert Reich: How Donald Trump Can Dodge Income Tax

This article first appeared on RobertReich.org. According to The New York Times, Donald Trump declared a $916 million loss on his 1995 tax returns—which could have allowed him to legally avoid paying any federal income taxes for 18 years. The loss stemmed from Trump’s investments in the early 1990s. Ordinary investors in Trump’s business empire saw the value of their shares plunge to 17 cents from $35.
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