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Tax returns have historically provided the clearest, though not always the most recent, window into his financial reality. For years, Trump resisted releasing his tax returns, breaking with a decades-old presidential tradition. When portions of his returns were eventually leaked and analyzed by journalists and financial experts, they revealed a narrative of fluctuating income, substantial losses, and aggressive use of tax deductions. The documents suggested that his wealth was not solely derived from successful operations but also from significant write-offs related to depreciating assets, interest payments, and losses carried forward from previous years. This painted a picture of a businessman whose declared taxable income might not reflect the gross flow of money through his various enterprises.
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