10.01.2016

Leaky Ship

Make that a different sort of leaky structure: the NYT is slipped some Trump tax records —mailed from Trump Tower.

Not that it will bother fans of America's would-be CEO, but here's Steven Attewell's synopsis —
So the "highly successful businessman" (according to Trump spokesmen) lost a billion dollars through "mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan," and used it to cancel out his taxes for decades, while "ordinary investors in the new company, meanwhile, saw the value of their shares plunge to 17 cents from $35.50, while scores of contractors went unpaid for work on Mr. Trump's casinos and casino bondholders received pennies on the dollar."
On Trump minions' predictable response to the Times, Attewell
adds —
Now that's what I call a winning message: our boss is a successful businessman who lost a billion dollars, he totally paid all the other taxes, because he’s a tax cheat he knows how to fix the tax code, and if you publish this, we’ll sue you.

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