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Donald Trump's First 30 Years: Business Failures and Bailouts From Dad

Kurt Eichenwald continues his chronicle of Donald Trump's business failures today, this time via a report from the New Jersey Department of Law and Public Safety that summarizes Trump's federal tax returns from the late 70s. The report was based on tax returns furnished to them when Trump first tried to break into the casino business in 1980. This was just after Trump had scored his first big success—the Grand Hyatt hotel in Manhattan—which relied entirely on loans personally guaranteed by Trump's father.
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