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The President's Taxes: Long-Concealed Records Show Trumps Chronic Losses and Years of Tax Avoidance
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Contributor | BrentinCO |
Last Edited | BrentinCO Sep 27, 2020 05:10pm |
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Category | News |
Author | Russ Buettner, Susanne Craig and Mike McIntire |
News Date | Sunday, September 27, 2020 11:00:00 PM UTC0:0 |
Description | The Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.
Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.
He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made. |
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