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WASHINGTON: US President Donald Trump paid just $ 750 in federal income taxes in 2016, the year he won the election, The New York Times reported on Sunday (September 27), citing tax return data. of taxes that extend to more than 20 years.
He added that he also paid only $ 750 in his first year in the White House, and had not paid any income taxes in 10 of the previous 15 years because he reported losing much more money than he made.
Trump immediately dismissed the report as “totally bogus news.”
American presidents are not required by law to disclose details of their personal finances, but everyone since Richard Nixon has.
Trump has broken with presidential tradition by refusing to release his remarks, waging a lengthy court battle and fueling speculation about what they might contain.
His tax returns, a key topic of conversation in the 2016 election, have been a constant presence throughout his presidency and before the Nov.3 election, when Trump seeks a second term.
The New York Times said the tax data it had seen “provides a roadmap of disclosures, from cancellations for the cost of a criminal defense attorney and a mansion used as a family haven to a full accounting of the millions of dollars the president received. of the 2013 Miss Universe pageant in Moscow “.
The records “reveal the emptiness, but also the magic, behind the image of the self-made billionaire,” he added.
Alan Garten, an attorney for the Trump Organization, told the newspaper in response that “over the past decade, President Trump has paid tens of millions of dollars in personal taxes to the federal government, including paying millions in personal taxes since he announced his candidacy in 2015 “.
