Possible Tax Reveal for Trump
Summary from the AllSides News Team
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From the Left
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 could have allowed him to legally avoid paying any federal income taxes for up to 18 years, records obtained by The New York Times show.
From the Left
Donald Trump Can’t Shut Down New York Times Tax Leak Showing He Lost Nearly $1 Billion in 1995
Donald J. Trump’s threat to sue the New York Times for its report about his leaked 1995 state tax returns showing he lost nearly $1 billion is as predictable as it is laughable.
Trump’s lawyer pledged “prompt initiation of appropriate legal action” against the Times, saying the Oct. 1 story was “illegal” because Trump did not authorize the release of his confidential tax returns.
From the Right
Rudy Giuliani: Donald Trump’s huge tax write-off show ‘absolute genius’
Former New York City Mayor Rudy Giuliani said Sunday that Republican presidential nominee Donald Trump is an “absolute genius” for claiming nearly $1 billion in deductions in a 1996 tax return that likely got him out of paying income taxes for years.
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