Tag Archives: taxes

What loophole is Trump taking advantage of on his 1995 tax return?

On October 2, 2016, the New York Times published a story about how Republican presidential candidate, Donald Trump, reported a nearly billion dollar loss in 1995. The total net losses reported to the IRS in 1995 was nearly fifty billion dollars so Trump’s losses represent 2% of of the sum total for that year. This was picked… Read More »