New York Times: Trump’s Taxes, Part 2: The Con

Diane Ravitch's blog

The New York Times has a full copy of Trump’s tax returns. No mention of how they got them. Part 2 is a dissection of how eagerly he exploited his name and monetized his brand, no matter how low he had to go, including selling laundry detergent.

It begins:

From the back seat of a stretch limousine heading to meet the first contestants for his new TV show “The Apprentice,” Donald J. Trump bragged that he was a billionaire who had overcome financial hardship.

“I used my brain, I used my negotiating skills and I worked it all out,” he told viewers. “Now, my company is bigger than it ever was and stronger than it ever was.”

It was all a hoax.

Months after that inaugural episode in January 2004, Mr. Trump filed his individual tax return reporting $89.9 million in net losses from his core businesses for the prior…

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