Did Donald Trump only pay $750 in taxes?
Ahead of the US presidential election, Trump's tax file has once again become a hot topic in the US media. The US media has announced that Trump paid only $750 in taxes in 2016, the year he won the election.
The issue of Donald Trump's tax returns has been a subject of controversy for years. The US president has repeatedly announced that he will release his tax returns, but has so far refused to do so. Now, The New York Times has announced that it has obtained some of these documents, documents dating back to the year 2000.
According to the New York Times, Donald Trump has paid no taxes for a decade. In addition, the amount of taxes paid by Trump in other years has been reported to be very low.
$750 in taxes
The New York Times reported that Trump paid only $750 in annual taxes in 2016, the same year he won the presidential election.
The same report indicates that the amount of taxes Trump paid the following year was around the same amount.
The New York Times continued its report by writing that Trump has managed to evade paying taxes by claiming that his losses from his business activities exceeded his income.
Trump denies the news
At a press conference held at the White House on Sunday, September 27, Donald Trump called the report published by the New York Times a lie and denied it.
Trump claimed that he has paid a large amount of money to the IRS at the federal level. The US president has said that he has even paid a large amount of tax to the New York State IRS.
The US president has also criticized the way the IRS has treated him, saying that the agency has treated him very badly so far.
Alan Garten, a lawyer for the Trump Organization, also denied the claim in the New York Times report. Garten said: “Many, if not all, of the statistics published by this newspaper appear to be inaccurate.”
The Trump Organization's lawyer has also claimed that the US President has already paid millions of dollars in taxes to the US government.
Controversy over Trump's tax returns
It is customary for US presidential candidates to release their tax returns, while Trump has so far avoided releasing his tax returns and documents.
During the 2016 election campaign, he repeatedly spoke of releasing his tax returns, a statement that was not followed by any action.
Now, in response to the New York Times report, Trump has announced that he will soon release his tax returns, although he has not set a specific time for doing so.
Last year, the US House of Representatives repeatedly asked Trump to provide Congress with documents and records regarding his tax payments. Trump has sued and refused to comply with the request.
Source: DW
