Report on the President of the USA – Almost No Tax Been Paid in Years? Trump talks about “fake news” – news



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  • Shortly before the US presidential election, a New York Times report draws attention to the finances of US President Donald Trump.
  • The newspaper wrote on Sunday, among other things, that the US president only paid $ 750 in federal income taxes in 2016 and 2017.
  • Trump described the report as “total fake news.”

You will publish your tax returns when the IRS audit is complete, which has been ongoing for years. “The IRS does not treat me well. You treat me very badly, ”said the President of the United States.

The “New York Times” had access to Trump’s tax documents from previous years. This shows, among other things, that in ten years from 2001 to 2015, given the high reported losses, he would not have paid any income tax, the newspaper wrote. Trump said: “I have paid a lot, I have also paid a lot of taxes to the state, New York state charges a lot.”

The New York Times did not publish original documents. He explained this by saying that he wanted to protect his sources. That would be a justified precaution: for example, printed documents may contain digital watermarks that are invisible to the human eye and that can be assigned to a specific printer.

Unknown tax data

In the United States, it is common for presidential candidates to reveal their tax information, but Donald Trump never did. Trump had not released his tax return in the 2016 presidential election campaign, even with reference to the IRS audit. “Everything will be published, everything will come out, but after the exam,” he said at the time.

The president is currently defending himself in a New York court against an attempt by Manhattan prosecutors to access his tax documents. According to the New York Times, an IRS audit reveals a tax refund of $ 72.9 million, which he received after large losses.

The pressure on Trump is mounting

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  • The detailed New York Times report could increase political pressure on Trump to release information about his finances to the public.
  • The documents show, among other things, that he is personally liable for debts of $ 421 million, of which more than $ 300 million would expire in the next four years, the newspaper wrote.
  • For Trump, the post also raises an image problem. For years he has presented himself as a successful and skilled businessman.
  • Democrats quickly picked up the report on the campaign trail. Biden’s campaign team quickly began selling stickers on his side that read, “I paid more income tax than Donald Trump.”

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