As Twitchy reported Tuesday night, The New York Times obtained printouts of President Trump’s 1040s from 1985 to 1994 and found that he’d lost more than a billion dollars over the course of the decade. Since nothing was out of order on the tax forms, the Times ran with the angle that lauded businessman Trump had lost so much money while holding himself out as a great deal-maker.
While Donald Trump was losing over a billion dollars in the 1980s and 1990s, he was making himself the media’s go-to symbol for “wealth,” @poniewozik writes https://t.co/Z0E3FWlFQB
— The New York Times (@nytimes) May 8, 2019
First, did you catch that? He was making himself the media’s go-to symbol for wealth; the media had nothing to do with it, obviously.
“An investigation shows that Donald Trump’s reputation was built on red ink” — or, they could have just read “The Art of the Comeback.” It’s too late to stop the Times from doing a victory lap over Trump’s losses, but Steve Robinson, executive producer of The Howie Carr Show, did a quick investigation into the Times and its business acumen:
Can you imagine losing more than $1Bn on a business deal!?! pic.twitter.com/t5xurERkXG
— Steve Robinson (@BigSteve207) May 8, 2019
That would be embarrassing.
??????
— C?nservatarian (@kakeenan) May 8, 2019
Good one Steve!
— Michael MacInnes (@MikemacMacInnes) May 8, 2019
A bargain! They sold 100% of their journalistic integrity for next to nothing.
— Bruno Bets (@BrunoBets) May 8, 2019
Still a lot of money for something only used to light the wood stove.
— Michael Pusch (@puschmj) May 8, 2019
wonder if NYT is still taking the losses on carry forward as well.
— #alt_Q (@statFutures) May 8, 2019
I’m guessing they just gave away their tax loss and didn’t use it out of the kindness of their hearts.
— Chris Julien, CPA (@ChrisJulienCPA) May 8, 2019
Recommended
You are good. Also, I imagine they neglected to deduct that from taxes because, “altruism” ?
— MarginalResult (@MarginalResult) May 8, 2019
Damn those liberals are business geniuses.
— Clif Gregory (@clifgregoryod) May 8, 2019
No wonder journalists hate business. They are a depreciating commodity,
— A Crude Awakening (@allengilmer) May 8, 2019
I see what you did there….and no blue check…..
— Richard Buckley (@RichWB) May 8, 2019
@Kkilgore93 pic.twitter.com/xnWnVopwUl
— Matt Mandeville (@mandethrill12) May 8, 2019
The worst business deal in the history of business deals.
— Foster Griffin (@FGriffin1994) May 8, 2019
A billion dollar loss over a decade versus a billion dollar loss in a transaction. Which seems more devastating?
— Dr. Rob Tennant (@TennantRob) May 8, 2019
Yahoo may have them beat
— Cynical & Political (@cynicpolitic) May 8, 2019
Newsweek was bought for $1.
— Sean Fernstrum (@swfernstrum) May 8, 2019
Now do Time Magazine and AOL…
— Bodezaffa (@Bodezaffa) May 8, 2019
Can you imagine losing more than $98.7 billlion dollars??! ??.?CNN, please ask Ted Turner how that is done. @RealSaavedra pic.twitter.com/eVr8EM6zmI
— Not Waiter (@NotWaiter) May 8, 2019
Tesla (green energy) nearly lost a billion in one quarter. https://t.co/3JNkfKymZm
— joe warner (@jwarner180) May 8, 2019
Uber is losing over $1.7 billion a year and is valued at $100 billion for their upcoming IPO
— Tim Henry (@melaexec) May 8, 2019
But it's cool when Obama loses half that with taxpayer money on a failed solar project because muh tan suit
— Joshua T. James (@montelll13) May 8, 2019
Can you imagine wasting THAT MUCH on a Presidential campaign and losing?! ?
— Michael Delaney (@MikeQDelaney) May 8, 2019
* * *
Update:
It looks like all the reporters got the memo:
President Trump dismisses New York Times report that shows he lost more than $1 billion in business deals saying "it was just sport." @kaitlancollins reports https://t.co/DameG5LHhu pic.twitter.com/A7L6WpbbeC
— The Lead CNN (@TheLeadCNN) May 8, 2019
Related:
‘Exactly what anyone with a clue thought’: New York Times obtains President Trump’s tax return figures https://t.co/xYVvkYf2Mz
— Twitchy Team (@TwitchyTeam) May 8, 2019
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