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Tax returns (CNN)


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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