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March 18, 2016

Trump Claimed $39.1 Million in Deductions on Tax Return

The Wall Street Journal reported on Thursday that Trump claimed $39.1 million in deductions on his 2005 federal tax return through a conservation easement on his New Jersey golf course. “Trump is not a rare bird in this. This is a common practice. From a public-policy viewpoint of ‘we want to preserve public space, we want to preserve farmland, we want to preserve habitat,’ that’s where you kind of wince a little bit,’” said Dean Zerbe, a former Republican Senate staffer who previously investigated the use of conservation easements.