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Axios

Business

Trump's holding company racked up $300 million in losses

Donald Trump IRS

Newly released IRS documents revealed former President Donald Trump's sprawling empire was awash in a sea of red ink from 2015-2020.

Over six years, Trump's primary holding company, known as DJT Holdings LLC, accumulated in excess of $313 million in reported losses.

Why it matters: The documents were released by House Democrats on Friday, the culmination of a years-long effort waged by Trump to keep them concealed.

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