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Donald Trump’s Tax Write Off Shows His ‘Genius’ At Business, Say Advisers

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Donald Trump’s decision to take a $916 million loss on his 1995 income tax return showed his business acumen and “genius” at figuring out how to minimize his tax bill, two of the Republican presidential candidate’s advisers said on Sunday.

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Giuliani compared Trump’s ability to come back from the nearly $1-billion loss to turnarounds made by Apple co-founder Steve Jobs and Winston Churchill, the former British prime minister who led the United Kingdom through World War Two.

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