Who is f*king this up?
Responding to a recent New York Times report, Donald Trump has said this is fake news. However, he has not released his tax returns, refuted any specific part of the report, nor provided any evidence that he paid more in taxes. The article also says he paid zero income tax in 10 of the previous 15 years.
According to the New York Times, Trump only paid $750 in federal income tax both in 2016, the year he ran for the US presidency, and in 2017, his first year as president. <br/><br/> The New York Times - which says it obtained tax records for Mr Trump and his companies over two decades - also says that he paid no income taxes at all in 10 of the previous 15 years. <br/><br/> <a href="https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html" target="_blank">New York Times Article</a> <br/> <a href="https://www.foxnews.com/politics/trump-on-defense-after-nyt-publishes-tax-info-says-he-is-entitled-to-credits-like-everyone-else" target="_blank">Fox News Article</a>
Watch out for 'You'll be able to see my taxes later'
For his part, Trump says:<br/><br/> "Actually I paid tax. And you'll see that as soon as my tax returns - it's under audit, they've been under audit for a long time" <br/><br/> We believe this to be a false and vague statement. He probably did pay some taxes, but not federal income taxes. If the story is fake, Trump could easily provide evidence to prove his claims, whether he is under audit or not. Further, he has said on many occasions that he would release his tax return, dating back to 2015. He hasn't done it. <br/><br/> Also watch out for 'financial statements' that Trump says he released. Yes, he has released financial statements, but those are in no way tax returns and could (and likely were) manipulated to paint a rosy picture. Trump claiming that his financial statements being as transparent as tax returns is fake news. <br/><br/> If Trump does release his taxes, and they show he paid more taxes than what has been reported, we'll be sure to post a new alert to keep you updated. Probably don't hold your breath though.
Watch out for 'Fake Tweets'
There are many tweets like these from the president, but the facts remain the same. Donald Trump paid very little in federal income tax in the years that we have seen tax records. <br/><br/>