Trump's 1995 Tax Records Suggest No Federal Taxes For Years
Trump's 1995 Tax Records Suggest No Federal Taxes For Years (Photo: Gage Skidmore)

Republican presidential nominee Donald Trump declared a $916 million loss on his 1995 income tax returns and the large tax deduction may have allowed him to avoid paying federal income taxes for up to 18 years, the New York Times reported.

 

Federal Income Taxes Paid by Presidential Candidates

 

2016 Estimates of Donald Trump's Net Worth

 

Bloomberg Estimate of Donald Trump's Net Worth

 

Donald Trump Tax Returns Leaked From 1995

The records show a $916 million dollar loss, potentially allowing him to avoid paying income taxes for up to 18 years.

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Politics: "Trump's 1995 Tax Records Suggest No Federal Taxes For Years"