10 years of the Trust Fund Baby's IRS tax transcripts Show That

Donald J Trump lost over $1.25 Billion over the 1985 - 1994 period; 8 of those years he paid no taxes.

The numbers show that in 1985, Mr. Trump reported losses of $46.1 million from
his core businesses — largely casinos, hotels and retail space in apartment buildings.

Trump’s primary sources of income changed year after year, from big stock earnings, to a single
year of more than $67.1 million in salary, to a mysterious $52.9 million windfall in interest income.
But always, those gains were overwhelmed by losses on his casinos and other projects.​

Every year from 1985 through 1994, Donald J. Trump reported a negative adjusted gross income on his tax returns. That number grew as new losses were combined with those from prior years. The New York Times previously found that Mr. Trump declared an adjusted gross income in 1995 of negative $915.7 million.

Mr. Trump was able to lose all that money without facing the usual consequences — such as a steep drop in his standard of living — in part because most of it belonged to others, to the banks and bond investors who had supplied the cash to fuel his acquisitions. And as earlier investigation showed, Mr. Trump secretly leaned on his father’s wealth to continue living like a winner and to stage a comeback.

Mr. Trump was able to lose all that money without facing the usual consequences — such as a steep drop in his standard of living — in part because most of it belonged to others, to the banks and bond investors who had supplied the cash to fuel his acquisitions. And as The Times’s earlier investigation showed, Mr. Trump secretly leaned on his father’s wealth to continue living like a winner and to stage a comeback.

An individual tax payer can request tax transcripts from the IRS, https://www.irs.gov/newsroom/how-to-get-tax-transcripts-and-copies-of-tax-returns-from-the-irs. to the extent that tax transcripts are used in loan applications, divorce settlement and other business interactions,
it is unlikely that Trump's tax transcripts were leaked from the IRS

https://www.nytimes.com/interactive/2019/05/07/us/politics/donald-trump-taxes.html​

 

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this was during a period the DJ Trump empire was forced to sell off his prime assets to his creditors; no US financial institution--having been burned many times before---was willing to lend him $ again. this led Trump to begin financial interactions w Bank of China and Russian oligarchs

his co were losing $, where did the co get the money to pay Trump $67M ?
the $52.9 interest income, assuming an interest rate of ~5%, means that
he had cash of in excess of $ 1 Billion, where did his get that money ?
​

 

During this period, Trump was schooled by 2 Chinese real estate moguls

http://www.nytimes.com/1994/07/15/business/how-the-chengs-finessed-trump.html?pagewanted=all
(the ordeal, aka ass-kissing, that Trump had to endured to get this deal done)
http://www.ejinsight.com/20160602-the-hong-kong-deal-that-turned-donald-trump-into-a-china-basher/​

​

In 1994 Trump was on the verge of bankruptcy in the wake of the collapse of the US real estate market. A consortium of Hong Kong billionaires led by Henry Cheng and Vincent Lo, w financial ties to the Bank of China, came to his rescue.

Cheng and Lo agreed to buy Trump's 77-acre property in New York City known as Riverside South, assume his debts and pay him 30 percent of the profits as well as fees for helping to manage the development of the site. To the extent that Trump had already spent huge $$$ developing the project which, at the time, was not yet profitable, the Chinese businessmen got in at a bargain basement price.

The project turned out to be very lucrative. After several years of profitability, in 2005, the Hong Kong businessmen sold the development for US$ 1.76 billion, at the time, the largest residential real estate transaction in New York.

However, Trump was furious, saying his partners did not consult him first before selling the project. He sued them and demanded US$1 billion in damages. Trump lost the case in a NYC court, and had to accept a 30% share in the profits from the project.​

moral of the story;

buy low, sell high and, most important,
out-negotiate others to gain the ability to call the shots.​

This deal also paved the way for Trump's future dealings w the state-owned Bank of China

 

you need to stop parroting a convenient spin

for ur education, go tp the IRS site

An individual tax payer can request tax transcripts from the IRS, https://www.irs.gov/newsroom/how-to-get-tax-transcripts-and-copies-of-tax-returns-from-the-irs.​

to the extent that tax transcripts are used for loan applications, divorce settlements and other business interactions,
it is likely that Trump had requested these tax transcripts and use them for many of his business dealings

thus, it is not outside the realm of possibility that

his 10-yr tax transcripts were provided to 2 Chinese RE tycoons previously referenced.
during this tariff skirmish w China, the Bank of China could have leaked them to the NYT​