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Politics : Formerly About Advanced Micro Devices

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From: bentway6/16/2016 10:33:47 AM
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New Evidence Trump Didn't Pay Taxes

By David Cay Johnston | Updated June 15, 2016 — 4:59 PM EDT

investopedia.com

excerpt:

New questions about the integrity of Donald Trump's income tax returns, and new indications that he does not pay income taxes, arise from rulings in two tax appeals that Trump filed in the 1990s. Trump lost both cases.

Trump’s 1984 federal income tax return included a Schedule C, the form used by sole proprietors, the decision in the first case shows.

Trump listed no income on that form, yet he deducted $626,264 as expenses. His New York City tax return also showed no income, but listed slightly less in expenses: $619,227.
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