Washington, United States:
US President Donald Trump paid just $ 750 in income taxes in 2016, the year he won the election, the New York Times reported on Sunday, citing tax return data spanning more than 20 years.
It added that he had only paid $ 750 in his first year at the White House and paid no income tax at all for 10 of the last 15 years because he claimed to have lost a lot more money than he made.
U.S. Presidents are not legally required to post details of their personal finances, but everyone since Richard Nixon has.
Trump has broken with the president’s tradition by refusing to clear his return, fighting a lengthy battle in court, and fueling speculation about what it might contain.
His tax returns, a key issue in the 2016 election, were a constant presence during his presidency and before the November elections when Trump is seeking a second term.
The New York Times said the tax data it saw “provides a roadmap for disclosures, from a write-down on the cost of a criminal defense lawyer and a mansion used as a family retreat to a full billing of the million dollar president received from the 2013 Miss Universe pageant in Moscow. “
The records “reveal the hollowness but also the sorcery behind the billionaire’s self-made picture,” she added.
Alan Garten, an attorney for the Trump organization, told the New York Times in response, “For the past decade, President Trump has paid tens of millions of dollars in personal taxes to the federal government, including millions in personal taxes since he announced his candidacy 2015. “