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LINK The president’s taxes long-concealed records show trump’s chronic losses and years of tax avoidance

The Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.

Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.

He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.

As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million.

HippieChick58 9 Sep 27
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5 comments

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1

Pay up or go to jail.......on second thought maybe jail is the best place for you to spend your remaining years.

1

An amazingly in-depth article. This is obviously not a recently unearthed source of hastily rushed out information. I reckon the NY Times got the original data some time ago and have been quietly and secretely consolidating it until it becomes impossible to write off as " fake news".

2

Next stop, Riker's Island.

Hopefully someday soon

1

It's amazing that bastard is a free man.

3

taxes...that's how they got Al Capone

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