loophole

October 2, 2016

Trump Tax Records Obtained by The Times Reveal He Could Have Avoided Paying Taxes for Nearly Two Decades

The documents show, for example, that while Mr. #Trump reported $7.4 million in interest income in 1995, he made only $6,108 in wages, salaries and tips. They also suggest Mr. Trump took full advantage of generous tax loopholes specifically available to commercial real estate developers to claim a $15.8 million loss in 1995 on his real estate holdings and partnerships. At the risk of being the devil’s advocate, this is an excellent explanation why Trump hasn’t (possibly) paid...

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