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Breaking: Donald Trump Admits He Used $916 Million Loss to Avoid Paying Taxes (Video)

‘Of Course I Do, of Course I Do’

Donald Trump admitted he used a $916 million loss to not pay taxes, possibly for years. The Republican nominee made the admission during Sunday night’s presidential debate.

“Did you use that $916 million loss to avoid paying personal federal income taxes?” Anderson Cooper, the debate moderator, asked Trump.

“Of course I do, of course I do,” Trump responded.

Trump in 1995 declared a nearly one billion dollar loss, The New York Times reported, which allowed him to possibly not pay federal taxes for 18 years.

“Can you say how many years you have avoided paying personal federal income taxes?” Cooper followed up. 

Trump would not say: “No, but I pay tax and pay federal tax, too.”

Some responses via Twitter:

 

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