Trump paid just $750 in federal income taxes in 2016 and 2017: NYT - Business Insider

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Trump paid just $750 in federal income taxes in 2016 and 2017, according to tax returns obtained by the New York Times

Trump avoided paying the income taxes "largely because he reported losing much more money than he made," the Times reported.

Alan Garten, a lawyer for the Trump Organization, denied the Times' reporting, telling the outlet that "most, if not all, of the facts appear to be inaccurate" The tax refund is the subject of an audit by the Internal Revenue Service, the Times noted, and at least $100 million is on the line in the audit battle.

 

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Life is hard. It is not easy.

This is unbelievable -- even for the most corrupt person in the world, whoever he may be. Politics jessedomingo Election2020

Allegedly, reportedly, etc...

We are going to put a stop to this all rich people should pay more taxes

I don’t understand this I’m poor and I paid more taxes and that how does some body rich get away with this, I thank he needs to pay 750 million dollars in taxes

And media conveniently omitted him giving up his $400,000 annual salary.

I love this president realDonaldTrump

Hmm. Either (a) this is fake or (b) the NYT has just conspired to commit a crime. Release of tax returns without permission isn’t ok. But I guess since it’s Trump everything is fair is that it?

When will news be news again What about Obama spying on Trump? What about Biden son getting 35million from Russia. No matter what party we deserve news and not gossip.

Do your fact check

And if the reverse is true, as well. If you have been underreporting your revenues on your tax forms in order to avoid taxes, that is tax fraud.

Tax evasion fraud

The usa social media make u feel disgusted by spreading childish lies Mr president Trump is a billionaire & the current President of America. How do you spread like this lies about him that even a madman can’t believe it

Smart man.

Shut up and read this : Hunter Biden received a $3.5 million wire transfer from Elena Baturina, the richest woman in Russia and the widow of Yury Luzhkov, the former mayor of Moscow..

harryfear Every news outlet that quotes this story is part of the problem. They cite another source without looking into the facts themselves!

Did he get a refund?

Furthermore, his income was declared. I would suspect because he paid so much in taxes previous years and was by technicality not being paid because he declined it he had no technical job - that they didn't go for the usual 50%.

Idiocracy

$750 in taxes? that is more than most billionaires....

And how much did Amazon, Google, Apple Twitter and Facebook pay

This man stone cold.

It figures he cheated the government he claims to be head of . . . Not a big surprise after all these years continually lying that he wasn’t allowed to release his tax returns while under audit after the IRS repeatedly said that’s not true! He is such a liar.

Here's something I have to say that will beat everyone's logic...he didn't get paid at all those years. He declined White House pay and his son now runs the business. The only reason he might've had to pay for 2016 was a campaign run and for 2017, just for the fun of it.

Where’s the IRSnews

Honest Abe must be turning in his grave.

And also he took no pay for the job he is doing '' can the Democrats match that ?

realDonaldTrump Who did you borrow the $750 from?

Show the receipts, NYT.

Great thanks for the info - after the paradise papers none of us think any rich people or mega companies pay any tax ever!

Ok now demand tax returns for all of congress and anyone receiving federal or state funds.

750 million dollars?

wow and libs told us for 4 year he didnt pay taxes. another ukraine hoax. pathetic

Peaceful handing over of power is the hallmark of mature democracies. When one party cannot commit to this basic ideal, as a country we are heading into a category 7 hurricane. McConnell, Barr & senate republicans will live to regret this. Mark my words: this is just starting.

Who cares

Trump is about to experience the pain & humiliation from a mighty kick in the rear by our 200yr old democracy: packing & leaving the WH, as much as he wants to cling on to power as insurance against all his crimes, real & perceived, only voters decide who lives in the WH.

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