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Politics : Formerly About Advanced Micro Devices

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To: jlallen who wrote (988404)12/17/2016 5:21:27 PM
From: J_F_Shepard  Read Replies (1) of 1569876
 
Donald Trump Acknowledges Not Paying Federal Income Taxes for Years

By STEVE EDER and MEGAN TWOHEY

OCT. 10, 2016

Donald J. Trump explicitly acknowledged for the first time during Sunday’s debate that he used a $916 million loss that he reported on his 1995 income tax returns to avoid paying personal federal income taxes for years.

Mr. Trump’s response — “Of course I do. Of course I do” — was the fullest the wealthy developer had provided since The New York Times reported that he had declared the loss, and that the tax deduction could have been large enough to allow him to avoid federal income taxes for up to 18 years.

nytimes.com
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