JUST POSTED: The New York Times has obtained 10 years of previously unrevealed figures from Donald Trump's federal income-tax returns - from 1985 to 1994. Trump ran up $1.2 billion in core business losses in the decade we examined. LOTS here 👉 nytimes.com/interactive/20…
We don’t have Donald Trump’s actual tax returns. Rather we obtained printouts from his official I.R.S. tax transcripts, with figures from his federal 1040, for 85 to 94. Here’s an explanation of our sourcing ->
Donald Trump paid no income taxes in 8 of the 10 years we examined. His losses were so big that in 1991 they accounted for fully 1% of all business losses declared that year by individual American taxpayers. w @russbuettner nytimes.com/interactive/20…
@russbuettner FATHER & SON: We now have tax info on Fred Trump & Donald Trump for a number of years. The upshot: Fred always made a lot of money. Donald always lost a lot of money. For a reminder on just how rich Fred was, here’s our 2018 tax fraud investigation.
@russbuettner Donald Trump reported $52.9M in interest income in 89. The number is BIG, according to IRS data we examined. We don't know what Trump owned that could produce this type of $. The answer is on schedules we don’t have & underscores the importance of seeing Trump’s full tax return
@russbuettner If Donald Trump’s modern taxes ever come out it’s important we see the 1040 form AND the attached schedules. The schedules will tell us sources of his income / how profitable (or not) his individual businesses are and more. So all the pages, as seen here👉

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Susanne Craig

Susanne Craig Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @susannecraig

22 Feb
1. N.Y. prosecutors looking into Donald Trump's businesses are about to get his tax returns and other financial records. The Times obtained Trump's tax return information in 2020 and there is plenty there for investigators to pursue. A thread 👉nytimes.com/2021/02/22/us/…
2. The consulting fees. Trump's taxes show unidentified consultants’ fees, some of which can be matched to payments received by Ivanka Trump. Were these payments legit / did her siblings also receive big consulting fees? See this story for details. nytimes.com/interactive/20…
3. Trump's taxes don't show hush-money payments to women. However, investigators should be able to get their hands on additional documents, which will show whether any payments were buried in an area like legal fees, which are not itemized on tax returns. nytimes.com/2019/08/01/nyr…
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!