tax

Trump’s tax returns will be released before the new year

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Trump’s tax returns will be released before the new year

Trump has declined to make his tax returns public, but a congressional tax committee has provided a small overview of the former president’s finances before Christmas. The committee’s overview showed that Trump paid $1.1 million in taxes in two of the years he was in the White House, but next to nothing in the other … Read more

Trump paid zero taxes in his last year as president

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Trump paid zero taxes in his last year as president

The figures were presented by a joint tax committee in Congress and show that the 76-year-old billionaire consistently claimed huge trading losses over the period 2015 to 2020, hence the low tax rate. In 2018 and 2019, the two intervening years of the presidential term, the amount of taxes was just over $1 million, while … Read more