The year Donald Trump ran for president and his first year in the White House, he paid just $ 750 in federal income taxes. Report to the New York Times.
Trump, the only modern-day president who has strictly maintained tax records and kept them public, has not paid federal income tax in 10 of the last 15 years.
He campaigned for office as a billionaire real estate mogul and successful businessman.
Speaking at a news conference at the White House, President Trump dismissed the report as fake, saying he had paid taxes even though he had not provided any specific details.
The Times’ revelation comes from more than two decades of tax return data, ahead of the first presidential debate on Tuesday and weeks before the split election against Democrat Joe Biden.
The president vowed to “reveal everything” about his taxes.
But he made no similar promises during the 2016 campaign, offering no timeline for disclosure.
The president’s court has challenged those seeking access to Trump’s tax returns, including U.S. House filings, as part of congressional oversight.
Alan Garton, a lawyer for the Trump organization, and a spokesman for the Trump organization did not immediately respond to requests for comment from the Associated Press on the report.
“Everything seems to be going well,” he told the Gorton Times.
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He told a news conference that the president had paid billions of dollars in personal taxes to the federal government, including millions of dollars in personal taxes since his candidacy was announced in 2015.
During his first general election debate against Democrat Hillary Clinton in 2016, Clinton said Trump was not releasing his tax returns because he did not pay any federal taxes.
Trump stopped her from saying, “It makes me smarter.”