Trump's Taxes Show Chronic Losses and Years of Income Tax Avoidance

“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.”

 

"Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses.”

Read the full article here:  https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html?action=click&module=Spotlight&pgtype=Homepage&fbclid=IwAR2tCbGGeJHDfSjKFkLLWOM5mm95PmK3esL_crZv69GANyZkOrgLnwhPLgk


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