U.S. Republican presidential candidate Donald Trump holds a campaign event in Phoenix, Arizona July 11, 2015. REUTERS/Nancy Wiechec

Trump’s Tax Returns Were Public Once

This is actually pretty fascinating. Back in the 80’s, as part of litigation, Trump released his tax returns at the time. He paid nothing in taxes.

The disclosure, in a 1981 report by New Jersey gambling regulators, revealed that the wealthy Manhattan investor had for at least two years in the late 1970s taken advantage of a tax-code provision popular with developers that allowed him to report negative income.

That’s actually pretty impressive. I think this sort of thing is also why the calls to reveal his tax returns are going to keep coming up.

You can read the full story here.

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Erick Erickson

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