Politics

New York Times: Leaked forms show Trump wrote off $100 million in losses in 2005

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(FILES) (L-R) Miss USA 2005, Chelsea Cooley, Donald Trump, Miss Universe 2005, Natalie Glebova, and Miss Teen USA 2005, Allie LaForce attend “Universal Beauty: The Miss Universe Guide To Beauty” Launch at Trump Tower on April 18, 2006 in New York City.

Photo by Getty Images/AFP

WASHINGTON — U.S. President Trump wrote off more than $100 million in business losses to reduce his federal taxes in 2005, according to forms made public on March 14 night: a rare glimpse at documents that he had refused to disclose since becoming a candidate for the nation’s highest office.

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