Republican presidential nominee Donald Trump said on Monday he “brilliantly used” U.S. tax rules to his advantage in trying to limit the amount he paid in taxes, arguing it helped him survive a difficult period in the real estate market.
“I was able to use the tax laws of this country and my business acumen to dig out of the real estate mess … when few others were able to do what I did,” Trump told a crowd in Pueblo, Colorado.
It was Trump’s first extended comments since a New York Times report said he had claimed a $916 million loss on his 1995 tax returns, which experts said might have allowed him to avoid paying federal income taxes for 18 years.
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