Trump tax records reveal $1.17 billion in business losses from 1985-94

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Trump tax records reveal $1.17 billion in business losses from 1985-94
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The New York Times has reported that Donald Trump's businesses lost more than $1 billion from 1985 to 1994, based on tax information the newspaper acquired.

Donald Trump pictured in 1992, standing in the portico of Mar-a-lago in Palm Beach Image: Zuma Press/PA Images Donald Trump pictured in 1992, standing in the portico of Mar-a-lago in Palm Beach Image: Zuma Press/PA Images THE NEW YORK Times has reported that Donald Trump’s businesses lost more than $1 billion from 1985 to 1994, based on tax information the newspaper acquired.

The newspaper said Trump reported business losses of $46.1 million in 1985, and a total of $1.17 billion in losses for the 10-year period. Because of his business losses, the newspaper reported, Trump did not pay income taxes for eight of the 10 years.

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