Trump paid $750 in federal income taxes the year he won the presidency.
Hope you're having a safe and restful Sunday, Mary Suevians! Garten gave a similar statement to the Times, which said it believed Garten was conflating federal income taxes with other kinds of taxes, including Social Security and Medicare taxes. Just a quick glance at how much dough the dude was rolling in back in the 2000s because of "The Apprentice" and the licensing deals that followed - the NYT says it amounted to upwards of $427 million all in.
Senate Democratic leader Chuck Schumer took to Twitter to ask Americans to raise their hands if they paid more in federal income tax than Trump.
The lengthy story found that Trump paid $750 in federal income taxes each year in 2016 and in 2017, and that he paid no income taxes at all in 10 of the previous 15 years, as he reported massive losses to his businesses.
The most sought-after documents in America have finally surfaced: President Trump's tax returns.
The Times also reported that Trump is now embroiled in a decade-long Internal Revenue Service audit over a $72.9 million (A$103.5m) tax refund he claimed after declaring large losses. Trump also promised to release his tax returns after his IRS audit is completed - a promise he has made since he first ran for office, without ever releasing any information. "There is some negative connotation that is associated with the brand", a consultant hired by Trump Doral told a Miami-Dade county tax official in 2018, seeking to use the resort's struggles to lower its property taxes, The Washington Post previously reported.
The New York Times said the tax data that it had seen "provides a road map of revelations, from write-offs for the cost of a criminal defense lawyer and a mansion used as a family retreat to a full accounting of the millions of dollars the president received from the 2013 Miss Universe pageant in Moscow".
The Times said it had obtained tax-return data covering over two decades for Trump and companies within his business organisation.