(New York, NY) — Donald Trump reportedly declared a 916-million-dollar loss on his 1995 income tax returns. The “New York Times” said it has obtained records showing the loss, a deduction so large it would allow the billionaire businessman to avoid paying any federal income tax for years. Trump has refused to release his tax records, saying he’s under an IRS audit. A Trump campaign statement says Trump’s responsibility as a businessman is to pay no more tax than legally required.
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