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Donald Trumpâ€™s nearly billion-dollar tax loss: He may not have lost money at all

By: clo in FFFT3 | Recommend this post (1)
Mon, 03 Oct 16 11:44 PM | 36 view(s)
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Msg. 25473 of 65535
Jump:

Donald Trumpâ€™s nearly billion-dollar tax loss: He may not have lost money at all

Published: Oct 3, 2016 11:34 a.m. ET

A published report that Donald Trump took a nearly $1 billion loss on his taxes has lit up the political world â€” but experts say the details are so opaque that itâ€™s possible he may not have lost actual money at all.

The report, from The New York Times, said Trumpâ€™s tax loss â€œwas derived from the financial wreckage he left behind in the early 1990s through mismanagementâ€ of 3 Atlantic City casinos, the airline business and his purchase of the Plaza Hotel. The Clinton campaign is using it to criticize Trumpâ€™s business acumen.

more:

http://www.marketwatch.com/story/why-trumps-big-tax-loss-may-not-have-been-a-cash-loss-at-all-2016-10-03?siteid=nwtam

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