Trump’s legal tax evasion means his business operated ‘at a loss’

GOP nominee Donald Trump’s legal evasion of income taxes for nearly two decades means his business was “operating at a loss” at the time, which would not make him a “genius” as his ally, former New York City mayor Rudy Giuliani, would like voters to believe, suggests an analyst.

Keith Preston, the chief editor and director at, made the comments in an interview with Press TV on Tuesday in regard to earlier remarks by Giuliani.

“The man’s a genius. He knows how to operate the tax code to the benefit of the people he’s serving,” the Republican politician said in an interview with CNN on Sunday, a day after the New York Times said that the billionaire businessman reported a loss of $916 million on his 1995 income tax returns.

The tax deduction is said to be so substantial that it could have allowed Trump to legally avoid paying taxes for a period of 18 years.

A general view of Trump Tower on Fifth Avenue, September 29, 2016…

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