2.) Write-Offs

2.) Write-Offs
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The New York Times claims that Trump lost a lot of money during the late 80s and early 90s isn’t untrue but they have framed it in a negative way. When a business loses money the business does not need to pay a lot in taxes or in some cases they don’t pay any at all. In Trump’s case, his business had losses because certain properties he owned lost value on the real estate market or his company made major investments. While the company did get a lot of write-offs and made several investments it was not as if the company was doing poorly or was bleeding money.

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 Source: TTN staff

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