The New York Times suspected Donald Trump of long-term tax evasion - ForumDaily
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The New York Times suspected Donald Trump of long-term tax evasion

Donald Trump 18 years evaded taxes Photo: Depositphotos

Donald Trump 18 years evaded taxes.
Фото: Depositphotos

Candidate for the US presidency from the Republican Party, Donald Trump, in 1995, declared a loss of $ 916 million, which could have allowed him not to pay taxes for 18 years.

This is evidenced by the data of the investigation. New York Times.

Such a large loss, according to US tax law, gave Trump the right not to pay federal income tax on the same amount during 15 years after the filing of the declaration and in 3 of previous years.

Thus, every year Trump could not pay tax on $ 50 million revenues. At the same time, it is not known whether he exercised this right, since the businessman did not disclose his income.

The reason for the loss was Trump's unsuccessful investment in the gambling business in the form of 3 casinos in Atlantic City, attempts to start air travel and at the wrong time acquired the Plaza Hotel in Manhattan.

The documents were anonymously sent to Susanna Craig, a reporter, by mail (the shipping address indicated the Trump Tower in Manhattan).

These are 3 tax returns filed in New York, New Jersey and Connecticut. Trump's former accountant Jack Mitnick confirmed the publication of the authenticity of the documents.

The presidential candidate himself commented on this information in his microblog Twitter.

“I know our complex tax laws better than anyone who will ever run for president. And I am the only one who can fix them,” Trump wrote.

Twitter screenshot

Twitter screenshot

In turn, the staff of his election campaign released statementin which they did not confirm, but did not deny this information.

"Mr. Trump is a highly accomplished businessman who is responsible to his business, family and employees and pays no more in taxes than is required by law," the statement said.

Trump's lawyer sent a letter to the New York Times in which he claims that the publication of the reports is illegal, as the businessman did not allow disclosing information about his taxes.

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