Trump Says He Claimed Losses On His Taxes Because ‘It Was Sport’

President Donald Trump said on Twitter that he claimed losses on his taxes because “it was sport,” and “you always wanted to show losses for tax purposes,” reports Democracy Now.

Trump — who was responding to a New York Times article about losing $1.17 billion, per his tax transcripts from 1985 to 1994 – failed to mention that claiming false losses is illegal:

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Many people on Twitter accused Trump of confessing to tax fraud:

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(Source: Twitter, Democracy Now, Photo Credit: Gage Skidmore/Flickr)

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