Donald Trump paid only $750 in federal income tax in 2016 and then in 2017, one of a number of revelations that The New York Times reported on Sunday as they obtained more than two decades of tax information.
The report also showed that Trump paid no taxes in 10 of the previous 15 years, as he reported massive losses from his businesses.
Those losses are the source of a battle with the IRS, which is questioning a $72.9 million tax refund, according to the Times.
The Times said that more reports would be coming. The paper had previously examined the tax dealings of Trump’s businesses and, in the weeks before the 2016 election, obtained some more limited personal tax information.
The Times report posted just before Trump appeared at a press conference at the White House. Asked about the story, he called it “fake news” and attacked the Times reporters.
More to come…