Everyone will be talking today about
an explosive New York Times report that revealed, among other things,
that President Donald Trump paid no federal income taxes whatsoever
in 10 out of 15 years beginning in 2000. He also reportedly paid just
$750 in federal income taxes in the year he won the presidency and his
first year in the White House. The tax information obtained by the Times
also reveals Trump has been fighting the IRS for years over whether
losses he claimed should have resulted in a nearly $73 million refund.
The President’s opponents have been trying for years to get a hold of
his tax returns after he broke with tradition during the 2016
presidential campaign and declined to release them to the public. Some
Democratic leaders have already said this new report makes it even more
critical that Trump’s entire tax history be released. Trump has called
the Times report inaccurate and said Sunday that he pays “a lot” of
federal and state taxes.
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Tax returns (CNN)
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