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Trump’s Tax Records Show Hundreds of Millions of Dollars in Debt, New York Times Reports

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thewrap.com

New York Times reported Sunday that his tax information reveals his finances have been in trouble for 20-plus years.Among the issues, the Times says Trump is “beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed” and an audit disagreement with the IRS over the legitimacy of a $72.9 million tax refund that he received after claiming a loss.The tax return data the NY Times obtained cover the hundreds of companies that fall under his business organization’s umbrella and does not include his personal returns from 2018 or 2019.If the IRS rules against him, it could cost Trump more than $100 million, the NY Times reports.The filings, the NY Times says, will leave many questions unanswered, as it.

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