Trump has refused to release his tax returns, leading to a lot of speculation as to why. Was it just because of a routine audit as he was saying or was he hiding something. On saturday, there was a breakthrough, i fresh glimpse into Donald Trumps finances. The New York Times obtained trumps state tax records from 1995 when they the main take away from the documents is that 1995 trump declared a loss of 916 million. That loss could legally allowed him to avoid paying federal income taxes. We want to make it clear that cnn cannot independently confirm the authenticity of the documents butment New York Times is responding saying mr. Trump is a highly skilled businessman. He has a responsibility to his business and his family to pay no more tax than legally required. The statement went on to say that trump had paid hundreds of millions in all manner of taxes and charitable contributions. Theyre seething calling it a bombshell. The camp says it proves the newspaper is an extension of Hillar
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