The Secret That Was Hiding in Trump’s Taxes
Over the course of a decade beginning in the mid-1980s, Donald Trump publicly presented himself as a highly successful entrepreneur even as he claimed business losses exceeding $1 billion, The New York Times reported on Tuesday. “Over all,” the newspaper explained, “Mr. Trump lost so much money that he was able to avoid paying income taxes for eight of the 10 years.”
The scoop reflects poorly on Trump, who willfully misled the public for a decade in hopes of fraudulently representing himself as a man with a Midas touch. But he could not have succeeded without the assistanceothers over-credulousgenerating countless newspaper articles, magazine stories, and TV segments that misinformed the public about the publicity hound’s record in business.
