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

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

Huge scoop from the NYT which obtained tax-return data for Trump for the past two decades: “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."

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

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.

Read the Full Story Here

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