Donald Trump’s presidential campaign is accusing the New York Times after the paper printed some of his tax records on Saturday of participating in prohibited conduct.
On Saturday the New York Times — which recently backed Hillary Clinton for president — printed three pages of Trump’s 1995 income tax records.
“The pages were sent last month to Susanne Craig, a reporter at The Times who has written about Mr. Trump’s financing,” the newspaper described in the report.
The paper wrote in its narrative that Marc E. Kasowitz threatened “prompt initiation of appropriate legal action” against the Times if they released the records because Trump didn’t give permission for the records to be revealed.
The takeaway in the Times’ report is that Trump “declared a $916 million loss a tax deduction so large it could have enabled him to avoid paying any federal income taxes for up to 18 years, on his 1995 income tax returns.”
The campaign of Democratic nominee Hillary Clinton — which is driving his tax returns to be released by Trump — observed the news story.
There it’s,” Clinton campaign manager Robby Mook said. “ This bombshell report shows the colossal nature of Donald Trump’s company failures that are previous and how long he may have avoided paying any federal income taxes whatsoever.”
Trump’s campaign said in a statement the nominee is “a highly-skilled businessman who has a fiduciary duty to his family, his company and his workers than lawfully required to pay no more tax.”
“Mr. Trump understands the tax code much better than anyone who has ever run for president and he’s the only one that understands how to repair it.”