The latest pseudo-scandal over President Trump’s taxes is that he apparently took more losses than almost anyone in the country three decades ago — and by doing so, escaped the Internal Revenue Service’s clutches.
“Year after year,” a team of New York Times reporters breathlessly declared, “Mr. Trump appears to have lost more money than nearly any other individual American taxpayer.” The Times discovered this after the paper “compared his results with detailed information the IRS compiles on an annual sampling of high-income earners.” -- More....