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Trump Defends $1.17 Billion in Losses as Just for ‘Tax Purposes’

“Yet even as he tried to explain in a pair of Twitter posts that showing “losses for tax purposes” was considered a “sport” among real estate developers like himself, the president also said The Times’s account was “a highly inaccurate Fake News hit job!””

His defense is that he is a tax cheat. He is saying the NY Times story is inaccurate because the times thinks his reported losses are losses and not fraud.

From: nytimes.com https://www.nytimes.com/2019/05/08/us/politics/trump-tax-investigation.html#click=https://t.co/DNWG0W4J6f