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The newspaper The New York Times reported this Sunday that He accessed US President Donald Trump’s tax returns for the past two decades and revealed debts that have already matured and were worth hundreds of millions of dollars.
Since his 2016 election campaign, Trump has refused to release his tax returns, something all of his predecessors have done throughout history.
The New York Times revealed that Trump paid only $ 750 (about 600 thousand Chilean pesos) in federal taxes in 2016, when he won the elections, and in his first year in the White House he disbursed the same amount of $ 750, which is very small compared to the fortune he is believed to have amassed in his real estate deals.
He President has allegedly also not paid any type of income tax in 10 of the last 15 yearss Because you reported to the Tax Collection Service (IRS), lto the US Treasury, that he had lost a lot of the money he had brought in.
Currently, according to the newspaper, Trump’s finances are under pressure due to hundreds of millions of dollars of debt that have expired and that he had guaranteed he would pay personally.
The president has also had a decade-long battle pending with the IRS, which has questioned the legitimacy of a $ 72.9 million refund that Trump claimed and received from that institution after declaring huge losses.
An adverse ruling in that litigation could cost you more than $ 100 million, according to The New York Times.
The digital edition of the New York Times highlights the millionaire losses and tax avoidance by the businessman and current president, who this Tuesday will face Democrat Joe Biden in debate.
In response, at a press conference at the White House, Trump claimed the information is “fake news” and lashed out at The New York Times for writing “negative” articles about him.
In addition, he affirmed that the IRS “treats him very badly”, explained that his taxes are being audited by that organization and promised that he will make them public once that process is completed.
“Everything will be revealed, after the audit is finished – an argument that you have used not to reveal your payments, but that they are not an impediment to do so. They (the IRS officials) are doing their assessment, we have been negotiating for a long time, they are being audited, the story is totally false. “said Trump, adding: “I’m looking forward to publishing them, I’m looking forward to making that public and much more.”
Also, quoted in the New York Times article, one of the Trump Organization’s lawyers, Alan Garten, said that “most, if not all, the facts appear to be inaccurate “ and he demanded that the newspaper deliver the documents on which the article is based, which have not been made public.
Democrats in Congress have tried to force Trump to make his taxes public, but have been unsuccessful.
In addition, the Manhattan prosecution has claimed Trump’s tax returns from the accounting firm he worked with, called Mazars, as part of an investigation into whether the now-president’s secret campaign money payments to the porn actress Stormy Daniels violated New York State law.
In that case, Trump has also refused to release his taxes.
