Trump claims that his $421 million debt is “tiny.” He apparently owes more than twice that amount

https://news.yahoo.com/trump-claims-421-million-debt-171014166.html

Igor Derysh
,Salon•October 16, 2020

President Donald Trump did not deny a New York Times report that he owes $421 million at a Thursday town hall event. Instead, he insisted that the amount was "tiny" in comparison to his overall wealth.

The Times revealed that Trump has to pay back $421 million in the coming years in a bombshell exposé detailing his personal and business tax returns. The documents obtained by the outlet showed that Trump had paid $0 in federal income taxes for a decade before paying $750 in 2016 and 2017. Moreover, they showed that the president had reported losing hundreds of millions of dollars on the properties he operates.

•••••

Though Trump previously called the report "fake news," he did not deny that he owed more than $400 million at Thursday's NBC News town hall. Rather, he falsely insisted that the outlet had illegally obtained his tax information. The president declined to say to whom he owes money.

•••••