By TATIANA PROPHET
Well, The New York Times finally got its Trump tax bombshell — ten years of ‘tax transcripts’ and boy, does it make him look like a loser.
There’s just a small detail: developers in New York City and around the country suffered tremendous losses right in the middle of the relevant time period. But there’s no context to The Times’ report; it focuses squarely on Donald Trump. And what a loser he is. This is not to suggest that Trump made great decisions through that decade; but in his testimony to Congress in November 1991, he discusses making decisions based on one set of rules, and then with the tax cut of 1986, the wealthy whose taxes were slashed had no incentive to invest in real estate, he told the panel (see video below).