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Reuters CARLOS BARRIA
President of the United States, Donald Trump
The president of the United States, Donald Trump, confirmed that he paid millions of dollars in taxes and owned more assets than debt, and that he did not provide evidence or promise to publish any financial data before the election.
Trump wrote a tweet on Twitter in response to a “New York Times” report, stating that he “only paid $ 750 in federal income taxes in 2016 and 2017, after reporting for years that his businesses suffered heavy losses.”
He said, “I paid many millions of dollars in taxes, but I, like everyone else, was entitled to tax breaks … I have very little debt compared to the value of assets.”
He added: “I have exceptional assets.”
….. Financial statements, from the moment I announced that I would run for president, showing all properties, assets and debts. It’s a very AWESOME statement, and it also shows that I am the only president on record to give up my annual salary of $ 400,000 plus the presidential salary.
– Donald J. Trump (@realDonaldTrump) September 28, 2020
And “The New York Times” published in an article that “Trump’s debts amounted to hundreds of millions of dollars amid chronic losses in his business, which he uses to avoid paying taxes,” and that “he obtained data from tax returns that cover more than 20 years for Trump and companies within his business. “
For her part, the Speaker of the US House of Representatives, Nancy Pelosi, said: “What was reported about Trump’s debts raises questions related to national security, because citizens deserve to know who owes the money.”
He added: “For me, this is a question related to national security.”
Source: “Reuters”
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