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4 months ago|42 views

Donald Trump avoided US income taxes for years, paid just $750 in 2016, 2017: Report

India Today
India Today
US President Donald Trump paid just $750 in federal income taxes the year he won the presidency and in his first year in the White House -- a report published in The New York Times on Sunday said. "Donald 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," the report, titled 'The President's taxes: Long-concealed records show Trump’s chronic losses and years of tax avoidance', said. Donald Trump, who has fiercely guarded his tax filings and is the only president in modern times not to make them public, paid no federal income taxes in 10 of the past 15 years, the report said. He campaigned for office as a billionaire real estate mogul and successful businessman. "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," the report further claimed.
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