The mind-blowing scale of Trump’s billion-dollar loss in one tweet

[DonViejo]

by Matthew Yglesias @mattyglesias [e-mail] Oct 3, 2016, 10:07am

When stories deal with big numbers, it’s sometimes hard to really get a perspective on what they mean. To that end, this little calculation from Alan Cole of the Tax Foundation really helps you understand the mind-blowing scale of Donald Trump’s loss reported on his 1995 income taxes:

Alan Cole
@AlanMCole

All Net Operating Losses in 1995: $49.331 billion.
NOL taken by @realDonaldTrump in 1995: $916 million.
Trump was 1.9% of the US total.

9:16 AM - 3 Oct 2016
369 Retweets 237 likes

There were 266 million Americans alive in 1995, so for a single person to represent 1.9 percent of this form of business losses is fairly extraordinary.

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http://www.vox.com/2016/10/3/13147520/trump-tax-loss

[BSdetect]

1. I'd guess there was some serious

over estimating write offs and overestimating other claims for depreciations.

Shameful lies all round no doubt.

If only the IRS was vigilant enough.

[napkinz]

2. Donald Trump is a GENIUS! (according to Christie and Rudy)

[workinclasszero]

7. Genius crook

just like Chris Crispy and that senile gasbag Rudy!

Nice pic LOL

[gopiscrap]

3. Wow

to me this would negate any claim of being a good businessman

[Maeve]

4. What a loser! eom

[C_U_L8R]

5. America's Biggest Loser™

How the fck does an individual lose a billion dollars?

[duncang]

9. I wonder if he did break a record for a single year?

Maybe he is the all time champion loser. That would be a great title for him.

[sailfla]

6. Anyone thought of asking the IRS?

[Jim Lane]

8. The IRS would refuse to discuss it -- and rightly so.

The IRS doesn't disclose tax returns, not even to people who really really want to see them, not even to people who want to see them for a noble public purpose rather than for mere curiosity.

[Tom Rinaldo]

10. Pretty much defines "epic fail", doesn't it? n/t

[TheBlackAdder]

11. Defiant to the end. Trump refused to become a 2 percenter.