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.