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Donald Trump's Tax Records: A Tale of Business Failures

It wasn’t just 1995. Five years of tax information from the 1970s that Donald Trump provided to the New Jersey Department of Law and Public Safety show mismanagement and losses that could have pushed him into personal bankruptcy—but for the largesse of his Dad. The recent report in The New York Times that a loss of almost $1 billion in 1995 may have allowed Donald Trump to avoid federal income taxes for almost 20 years set off attacks by Democrats and pushbacks by Republicans over his business acumen and ability to identify with Americans who pony up cash to the government every April 15.
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