Major Garrett: In the 1990s, Donald Trump ‘Was a Spectacular Flop as a Businessman’

‘The New York Times claims the documents were mailed to the paper anonymously, but the paper took the risk of publishing them’

GARRETT: "Good morning. Lots of details here, but the biggest headline might be that in the 1990s, Donald Trump was a spectacular flop as a businessman, but was able to use the tax code to build wealth any way. Now we still know less about Trump's taxes than we've known about every major party nominee for decade. But this slender, three-page look into Trump's mid 1990s finances reveals the use of legal mechanisms to enrich himself and starve Uncle Sam."

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