WHAT A SHOCK: IT'S NOT JUST THE U.S. SENATE THAT LETS DONALD OFF THE HOOK FOR GROSS INCOMPETENCE.

President Trump had more than $270 million in debt forgiven after not repaying lenders, the NYT reports

According to The New York Times, President Trump's income tax records showed he owed hundreds of millions of dollars to banks and hedge funds used to finance the construction of a luxury skyscraper in Chicago. After failing to repay the loans, his lenders have forgiven about $270 million in debt since 2010.

Photo via @thehill

The New York Times

@nytimes

Donald Trump got about $270 million in debt forgiven — and largely avoided taxes on it — when his Chicago tower proved a disappointment, records show. Read the latest in our investigation into Trump's taxes:

How Trump Maneuvered His Way Out of Trouble in Chicago

When his skyscraper proved a disappointment, Donald Trump defaulted on his loans, sued his bank, got much of the debt forgiven — and largely avoided paying taxes on it.

nytimes.com

What’s happening US elections ⋅ Last night President Trump had more than $270 million in debt forgiven after not repaying lenders,... According to The New York Times, President Trump's income tax records showed he owed hundreds of millions of dollars ... Go to Moment