- Sun Sep 27, 2020 5:57 pm
#127576
OK...anybody who paid more than $750 dollars in taxes please raise your hand....
The New York Times obtained two decades of President Donald Trump's tax information, reporting Sunday that the president paid only $750 in federal income taxes the year he won the presidency and again during his first year in office.
The Times, which said it plans to publish additional stories based on the documents, reported that Trump has not paid any income taxes in 10 of the past 15 years, mostly because he reported significant losses. It reported that Trump is facing a decadelong Internal Revenue Service audit over a $72.9 million tax refund he received that could end up costing him more than $100 million.
The Times also reported that Trump has more than $300 million in loans coming due within the next few years that he is personally responsible for repaying.
The New York Times obtained two decades of President Donald Trump's tax information, reporting Sunday that the president paid only $750 in federal income taxes the year he won the presidency and again during his first year in office.
The Times, which said it plans to publish additional stories based on the documents, reported that Trump has not paid any income taxes in 10 of the past 15 years, mostly because he reported significant losses. It reported that Trump is facing a decadelong Internal Revenue Service audit over a $72.9 million tax refund he received that could end up costing him more than $100 million.
The Times also reported that Trump has more than $300 million in loans coming due within the next few years that he is personally responsible for repaying.