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Trump had US$916m loss in 1995, cutting taxes: NYT

Departing from 40 years of tradition for presidential nominees, Mr Trump has declined to release his tax returns. He says they are under an IRS audit and that he won't release them until that has concluded.

Manheim, Pennsylvania

DONALD Trump was facing renewed pressure to release his personal tax information after a New York Times report that he recorded a US$916 million loss on his 1995 income tax return, a deduction that might have allowed him to cut his federal income tax for several...