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Bigly, Yuge Derp

It’s stupendous, I tell you … All Net Operating Losses in 1995: $49.331 billion. NOL taken by @realDonaldTrump in 1995: $916 million. Trump was 1.9% of the US total. — Alan Cole (@AlanMCole) October 3, 2016 I’ve been wondering something else, though, and Josh Marshall spells it out: The key question is how much of […]
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Here's Theory #3 On How Donald Trump Got $916 Million in Tax-Free Income

Politics / US Politics : Kevin Drum

The theories are piling up! Today, Josh Barro summarizes a theory from Lee Sheppard in Tax Notes about how Donald Trump managed to show a $916 million operating loss on his 1995 tax return. By my count, this is the third plausible t...

Here's Theory #2 On How Donald Trump Got $916 Million in Tax-Free Income

Politics / US Politics : Kevin Drum

Tax guru David Cay Johnston says he thinks he knows what Donald Trump's $916 million operating loss in 1995 was all about. The story starts when Trump's casino empire crashed in the early 90s, producing multiple business bankruptcie...

NY Times:Trump Reported $916 Million Tax Loss In 1995, Perhaps Resulting In Zero Tax Liability For 18 Years Under NOL Rules

Business & Finance / Taxes : TaxProf Blog

New York Times, Trump Tax Records Obtained by The Times Reveal He Could Have Avoided Paying Taxes for Nearly Two Decades: Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it...

Trump 1995 Taxes Show $916 Million Loss

US Politics / Liberal : Drudge Retort Weblog

Donald Trump may have avoided paying federal income taxes for 18 years, according to tax records obtained by the New York Times and published on Saturday night. The documents indicated that Trump declared a $916 million loss in 1995...

Just how huuuge were Trump's business losses? Very, very huuuge.

US Politics / Liberal : Daily Kos

How bad were genius businessman Donald Trump's business losses in 1995? At $916 million, it's about this bad. As Alan Cole from the conservative Tax Foundation notes, total net operating losses claimed on all individual income tax r...


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