Your Voice, Our Headlines

Download Folkspaper App with no Ads!

BULLETIN

A fast-growing newspaper curated by the online community.

Trump Reportedly Paid No Income Tax At All For 10 Separate Years

  • tag_facesReaction
  • Tip Bones

The New York Times recently reported that Donald Trump has not paid any taxes in 10 of the past 15 years since the year 2000.  This was because he reported losing significantly more than he earned. He has reportedly, in his first year as president and the year of his election, only paid $750 in federal income taxes.




"I pay a lot, and I pay a lot in state income taxes," Trump said in a briefing on Sunday. 




He claimed that the IRS treats him badly, and he is willing to release his records after he is no longer under their inspection, refusing to address personally how much he has paid in income taxes. He has been under audit by the Internal Revenue Service since 2016, according to a letter from his attorneys. 

Comments

Loading...