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January 27, 2023

Now That Six Years of His Tax Returns Are Public, Here Are Four Words That Describe Donald Trump the Businessman

From the Los Angeles Times today:

During the years in which Trump battled disclosure, much of the information he sought to keep secret about his pre-presidential finances became public anyway, largely from a 2020 New York Times investigation.

The picture that emerged showed that for all Trump’s claims to be a great businessman, his core businesses — a sprawling network of hotels, golf courses and other properties — have lost millions of dollars year after year.

“He’s a staggering loser,” said Steven M. Rosenthal, a senior fellow in the Urban-Brookings Tax Policy Center.

The newly released records, covering 2015-20, add to that picture.

Trump’s tax returns are out. Here’s how he was able to pay so little — so often [Los Angeles Times]

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