New York Times Obtains Years Of Trump Tax Returns (Anyone Want To Guess What/If He Paid?)

New York Times Obtains Years Of Trump Tax Returns (Anyone Want To Guess What/If He Paid?)
Donald Trump (image: public domain)

Two days before the first Presidential TV debate, the New York Times just dropped a bomb on Donald Trump’s campaign.

The Times obtained several years of tax-return data for the Trumpster and it’s pretty much what everyone has expected:

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.

Head over to the New York Times for much more.