Report shows Trump lost almost $1bn: No taxes paid for 18 years

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Reports that Donald Trump may have paid no income taxes for nearly two decades show the Republican presidential nominee is a genius&comma; his closest allies have said&period;<&sol;p>&NewLine;<p>The Trump campaign came out fighting after a story in the New York Times that the tycoon lost nearly &dollar;916m in 1995 &&num;8211&semi; so much that he could have legally avoided paying federal income taxes for as many as 18 years&period;<&sol;p>&NewLine;<p>It came after a tough week for Mr Trump following the first TV debate against Hillary Clinton&comma; which sparked a feud with a former beauty queen he called &&num;8220&semi;Miss Piggy&&num;8221&semi; as he shamed her for gaining weight&period;<&sol;p>&NewLine;<p>Former New York City mayor Rudy Giuliani&comma; a senior Trump supporter&comma; did not dispute the newspaper report&comma; and called the businessman &&num;8220&semi;a genius at how to take advantage of legal remedies that can help your company survive and grow&&num;8221&semi;&period;<&sol;p>&NewLine;<p>He told ABC&&num;8217&semi;s This Week&colon; &&num;8220&semi;Don&&num;8217&semi;t you think a man who has this kind of economic genius is a lot better for the United States than a woman&quest; And the only thing she&&num;8217&semi;s ever produced is a lot of work for the FBI checking out her emails&period;&&num;8221&semi;<&sol;p>&NewLine;<p>When asked whether such a loophole was fair&comma; he noted that many Americans have such low incomes that they are not required to pay federal income taxes either&period;<&sol;p>&NewLine;<p>&&num;8220&semi;A lot of the people that are poor take advantage of loopholes and pay no taxes&period; Those are loopholes also&period;&&num;8221&semi;<&sol;p>&NewLine;<p>New Jersey Governor Chris Christie declared it &&num;8220&semi;a very&comma; very good story for Donald Trump&&num;8221&semi;&period;<&sol;p>&NewLine;<p>He told Fox News Sunday the New York Times story showcases &&num;8220&semi;the genius of Donald Trump&&num;8221&semi; because he has said he would follow the law&comma; would ease tax policy on working people and knows tax policy better than anyone&period;<&sol;p>&NewLine;<p>Mr Trump did not appear publicly on Sunday&comma; but weighed in on social media&comma; saying he was singularly qualified to fix the nation&&num;8217&semi;s tax system&period;<&sol;p>&NewLine;<p>&&num;8220&semi;I know our complex tax laws better than anyone who has ever run for president and am the only one who can fix them&comma;&&num;8221&semi; he tweeted&period;<&sol;p>&NewLine;<p>Early voting is already under way in some states&comma; and former Trump adviser Barry Bennett said&colon; &&num;8220&semi;He&&num;8217&semi;s not been on message&period; A week was wasted where he could have been talking about the heroin epidemic and jobs and ISIS&period; All the money in the world can&&num;8217&semi;t get that time back&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Democratic rival Mrs Clinton made no mention of Mr Trump&&num;8217&semi;s taxes during her events in North Carolina on Sunday&period;<&sol;p>&NewLine;<p>But she reposted a tweet from Mr Trump&comma; who wrote in 2012&colon; &&num;8220&semi;HALF of Americans don&&num;8217&semi;t pay income tax despite crippling govt debt&&num;8230&semi;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;Now that&&num;8217&semi;s pretty rich coming from a guy who paid &dollar;0 in taxes for 18 years&comma;&&num;8221&semi; Mrs Clinton tweeted&period;<&sol;p>&NewLine;<p>Mr Trump is deciding whether to use the next TV debate to attack Mrs Clinton&&num;8217&semi;s role in the infidelities of her husband&comma; former President Bill Clinton&comma; and met his senior advisers on Sunday to prepare for it&period;<&sol;p>&NewLine;<p>On Saturday night in Manheim&comma; Pennsylvania&comma; Mr Trump imitated Mrs Clinton&&num;8217&semi;s stumbles as she left this year&&num;8217&semi;s 9&sol;11 memorial service ill with pneumonia and questioned her loyalty to her husband&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Why should she be&comma; right&quest;&&num;8221&semi; he asked&period; &&num;8220&semi;Why should she be&quest;&&num;8221&semi;<&sol;p>&NewLine;<p>The Trump campaign said that he had paid &&num;8220&semi;hundreds of millions&&num;8221&semi; of dollars in other kinds of taxes over the years&period;<&sol;p>&NewLine;<p>He has refused to release his tax returns&comma; breaking with four decades of presidential campaign tradition&period; Mr Trump has said his lawyers are advising him to keep his tax returns private until a government audit is completed&period;<&sol;p>&NewLine;<p>IRS Commissioner John Koskinen told a House committee on September 21 that people under IRS audit are free to release their returns&period;<&sol;p>&NewLine;<p>Mrs Clinton has publicly released nearly 40 years&&num;8217&semi; worth of tax returns&comma; and Mr Trump&&num;8217&semi;s running mate&comma; Indiana Governor Mike Pence&comma; has released 10 years of his tax returns&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed35bc13748">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; 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