A decade of tax information obtained by the New York Times illustrates that in 1985, Trump reported losses of $46.1 million from his primary businesses — casinos, hotels and retail spaces — with losses totaling $1.17 billion through 1994, according to his federal income tax returns.

The big picture: The Times reports that Trump lost more than nearly any other American taxpayer when compared to a high-income data sampling compiled annually. He seems to have lost enough money that he was able to avoid paying income taxes for 8 of the 10 years.

Trump's business losses between 1990 and 1991 alone totaled more than $250 million annually, the Times reports.

The returns do not cover 2013–2018, the years at the center of an ongoing dispute between the Trump administration and Democrats.

What they're saying: Last Saturday, Charles J. Harder, a lawyer of Trump's, called the tax information “demonstrably false,” and said the NYT's statements “about the president’s tax returns and business from 30 years ago are highly inaccurate."