The New York Times, citing tax return data it obtained spanning two decades, said Trump paid no income taxes at all in 10 of the previous 15 years, "largely because he reported losing much more money than he made." And the report said Trump paid $750 in federal income taxes in 2016, the year he won the presidency, and another $750 in 2017, his first year in office. The president dismissed the story as "fake news" and said that details about his taxes would "all be revealed," but gave no timeline on when he would disclose his records. | |
News Alert Sunday, September 27 |
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| | President Trump denies New York Times report he paid only $750 in income taxes in 2016 and 2017 | The New York Times, citing tax return data it obtained spanning two decades, said Trump paid no income taxes at all in 10 of the previous 15 years, "largely because he reported losing much more money than he made." And the report said Trump paid $750 in federal income taxes in 2016, the year he won the presidency, and another $750 in 2017, his first year in office. The president dismissed the story as "fake news" and said that details about his taxes would "all be revealed," but gave no timeline on when he would disclose his records. | |
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