Report says Trump paid $750 in income taxes in 2016, 2017, he calls it ‘fake news’

Speaking at a news conference at the White House, Trump dismissed the report as “fake news” and said he has paid taxes, though he gave no specifics.
US president Donald Trump speaks to reporters during a news conference inside the James S. Brady Briefing Room at the White House September 27, 2020 in Washington.(Reuters File Photo)
US president Donald Trump speaks to reporters during a news conference inside the James S. Brady Briefing Room at the White House September 27, 2020 in Washington.(Reuters File Photo)
Updated on Sep 28, 2020 05:50 AM IST
Copy Link
Washington | ByAssociated Press | Posted by Kanishka Sarkar

President Donald Trump paid just $750 in federal income taxes the year he ran for president and in his first year in the White House, according to a report Sunday in The New York Times.

Trump, who has fiercely guarded his tax filings and is the only president in modern times not to make them public, paid no federal income taxes in 10 of the past 15 years. He campaigned for office as a billionaire real estate mogul and successful businessman.

Speaking at a news conference at the White House, Trump dismissed the report as “fake news” and said he has paid taxes, though he gave no specifics.

The disclosure, which the Times said comes from tax return data it obtained extending over two decades, comes at a pivotal moment ahead of the first presidential debate Tuesday and weeks before a divisive election against Democrat Joe Biden.

The president vowed that information about his taxes “will all be revealed.” But he offered no timeline for the disclosure and made similar promises during the 2016 campaign on which he never followed through.

In fact, the president has fielded court challenges against those seeking access to his returns, including the US House, which is suing for access to Trump’s tax returns as part of congressional oversight.

A lawyer for the Trump Organization, Alan Garten, and a spokesperson for the Trump Organization did not immediately respond to a request for comment from The Associated Press on the report.

Garten told the Times that “most, if not all, of the facts appear to be inaccurate.” He said in a statement to the news organization that the president “has paid tens of millions of dollars in personal taxes to the federal government, including paying millions in personal taxes since announcing his candidacy in 2015.” During his first general election debate against Democrat Hillary Clinton in 2016, Clinton said that perhaps Trump wasn’t releasing his tax returns because he had paid nothing in federal taxes.

Trump interrupted her to say, “That makes me smart.”

SHARE THIS ARTICLE ON
Close Story
QUICKREADS

Less time to read?

Try Quickreads

  • An image created during an investigation into an outbreak of monkeypox, which took place in Congo from 1996 to 1997.

    Is monkeypox becoming Covid-19-like pandemic? Top US health expert explains

    Even as the United States is preparing to give monkeypox vaccines to close contacts of people infected and to deploy treatments, a top US health expert said it is likely that monkeypox would cause a Covid-19-like pandemic in the world. Vice-president and chief quality officer at the University of Maryland Upper Chesapeake Health Dr Faheem Younus said while monkeypox cases are concerning but the risk of this becoming a Covid-like pandemic is zero per cent.

  • Shipping containers used to block roads in Islamabad's Red Zone ahead of Imran Khan and his PTI's planned rally, Tuesday, May 24, 2022. 

    Tensions rise in Pakistan after Imran Khan vows to defy ban on rally: Report

    Tensions are building in Pakistan once again with ousted prime minister Imran Khan seemingly on a collision course with the country's government after Imran Khan called on thousands of followers to defy a ban on a protest march to Islamabad today to demand fresh elections. Pak interior minister Rana Sanaullah has accused Imran Khan of wanting to create 'chaos' and has warned the former cricketer he will be stopped.

  • Leaders from the United States, India, Australia and Japan hold talks on regional security at the Quad summit in Tokyo.

    China, Russia fighter jets flew near as PM Modi was at Quad meet: Japan minister

    Chinese and Russian fighter jets carried out joint flights over the Sea of Japan and East China Sea on Tuesday as leaders of the Quad bloc met in Tokyo, Japan said. Japan's Defence Minister Nobuo Kishi said Tokyo had expressed "grave concerns" to Russia and China over the flights, which came as leaders from the United States, India, Australia and Japan held talks on regional security.

  • Russian President Vladimir Putin.

    'Attempt to assassinate Putin two months ago', says top Ukraine official: Report

    Russian president Vladimir Putin survived an assassination attempt around two months ago, a top Ukraine intelligence officer told Ukrainska Pravda, an online newspaper based in Kyiv. "I repeat, this attempt was unsuccessful. There was no publicity... but it took place." "Putin is operating... in a smaller and smaller grouping. He has fewer contacts... fewer public engagements... (any) attempt would be hugely complex." One plot - Australia's News.com said - was before the 2012 presidential election.

  • Pakistan PM Shehbaz Sharif and PTI leader Imran Khan Niazi.

    Pak will not hold elections before 2023, warns Imran Khan against 'gravedigging'

    Pakistan's Shehbaz Sharif-led government has rejected demands by ousted prime minister Imran Khan and his Pakistan Tehreek-e-Insaf to hold elections immediately. N) said polls would only be held in August 2023 - after the government finishes its term - a report by Pakistan's Express Tribune said quoting sources. He would meet protesters on the Srinagar highway. However, per Pak media outlets, the government will not allow Imran Khan's rally at that location.

SHARE
Story Saved
×
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Tuesday, May 24, 2022