Donald Trump's Companies Make Considerably Less Than Tax Filings Show

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Overview of this Controversy


Date Originated: November of 2016
Categories: Donald Trump
Donald Trump has based a considerable amount of his campaign on his business success, but the New York Times has discovered that his companies have consistently over reported how much his companies are worth by using accounting tricks that show how much gross revenue they have made without factoring in operating costs and other factors. One example of this trick is when Trump's golf resort in Doral, Florida reported a gross revenue of $50 million on their tax filings, but after factoring in operating costs they actually lost $2.4 million.
Source: http://www.nytimes.com/2016/11/04/us/politics/donald-trump-money.html
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