[FONT="]WASHINGTON (Reuters) - U.S. President Donald Trump's businesses lost a total of more than $1 billion from 1985 to 1994, according to the New York Times, which said it obtained printouts from Trump's official Internal Revenue Service tax transcripts.[/FONT]
[FONT="]The newspaper said Trump posted losses in excess of $250 million in both 1990 and 1991, which appeared to be more than double any other individual U.S. taxpayer, based on IRS data.[/FONT]
[FONT="]Trump lost so much money that he was able to avoid paying income taxes for eight of the 10 years, the Times said.[/FONT]
[FONT="]The White House did not immediately respond to a request for comment.[/FONT]
[FONT="]Trump, a real estate magnate who turned over the running of his businesses to his sons after his election in 2016, touted his business acumen and negotiating skills on the campaign trail.[/FONT]
[FONT="]Trump broke with a decades-old precedent by refusing to release his tax returns as a presidential candidate in 2016 or since being elected, saying he could not do so while his taxes were being audited.[/FONT]
[FONT="](Reporting by Eric Beech; Editing by Rosalba O'Brien)[/FONT]
https://www.yahoo.com/finance/news/trump-tax-returns-1985-94-show-1-billion-235346580.html
I guess we know why he didn't want to release them. :0003