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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.