Paul Ryan: Trump Tax Story Not a Big Deal

In a show of support for Donald Trump, House Speaker Paul Ryan said he doesn't believe that The New York Times article determining a $916-million business loss in 1995 for the Republican nominee will hamper his presidential bid, according to the Detroit Free Press.

The Times report claimed Trump may have legally avoided paying federal income taxes for as long as 18 years because of a $916 million loss he declared on his 1995 tax returns from his failed business dealings.

"I don't think it's that harmful," said Ryan, who was in Michigan in support of congressional candidates. "I think people who don't like him (Trump) are going to continue disliking him."

The speaker also added he didn't believe the article would do any damage to Trump's reputation as a great businessman.

Ryan clarified that "the numbers are big because he's a multibillionaire."

Earlier this year, Ryan supported Trump only half-heartedly while Trump too was not very keen on endorsing the speaker in his congressional contest.

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