Tuesday, May 18, 2021

Latest Posts

President Trump accuses the New York Times of lying on his tax payments

On the eve of his first televised duel against his rival Joe Biden, Donald Trump is overtaken by explosive revelations about his taxes. According to the New York Times, the American president, known for his fortune, paid only $ 750 in taxes the year he was elected and the next.

The revelations of the New York Times (NYT) on tax returns that Donald Trump has always refused to reveal broke, Sunday, Sept. 27, in the race for the White House.

The American daily published an investigation after obtaining tax data “over more than twenty years” concerning the former real estate magnate “and the hundreds of companies that make up his” unlisted group.”

“Donald J. Trump paid $ 750 in federal income tax in the year he won the presidency,” in 2016, and as much “his first year in the White House,” in 2017, the newspaper writes.

“He has not paid income tax at all in 10 of the previous 15 years, largely because he has declared more losses of money than gains,” assures the American daily.

According to the New York Times, within the nebula of companies run by the business mogul, many have reported major losses, including his golf clubs, tarnishing the image of the successful entrepreneur Donald Trump likes to give of himself.

Donald Trump accuses NYT of lying

“This is bogus information, totally invented,” replied the Republican billionaire in a press conference at the White House.

“I paid a lot, and I paid a lot of income taxes at the state level as well,” he added without elaborating.

The tax returns of the New York businessman who became president and candidate for re-election are at the heart of a legal battle, Donald Trump having always refused to publish them unlike all his predecessors since the 1970s.

The one who made his fortune a campaign argument also fueled, by his refusal, speculations on the extent of this wealth, on possible tax optimization practices at the border of legality or on potential conflicts of interest.

The subject is likely to electrify the campaign for the presidential election of November 3 a little more, two days before the first televised duel on Tuesday evening, against his rival Joe Biden. Especially since the NYT has promised new revelations on the income of the American head of state in the coming days.

Latest Posts


Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.