Saturday, September 21, 2024

Donald Trump’s finances are a mess. ‘Lucky Loser’ has the receipts - The Washington Post

The backbone of the book is the numbers. Because Buettner and Craig have such a trove of documents, they are able to prove the reality under the hype that is Donald Trump in incontrovertible detail. In the decade that ended in 1995, a decade in which Trump was supposedly a huge success, he recorded more than $1.1 billion in business losses on his tax returns, which the authors call a "failure of historical proportions." He used those losses to avoid paying taxes in subsequent years. The news in their book lies not in one specific detail, but rather in the sheer accumulation of damning facts.…


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