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New York Times: Trump has not paid taxes to the federal government in recent years

 

The New York Times reports that President Donald Trump has not paid any taxes to the federal government in recent years, but has paid only 750 in taxes to the federal government in the year he won the presidency and in his first year in office. .

The American newspaper adds that Mr. Trump and the companies have found and added tax records for the last two decades, and that the taxes they have paid are also largely due to the financial losses and losses that their companies have written in their financial reports.

President Trump denies the report, calling it a hoax.

“I paid taxes,” he said on Sunday. When the financial statements are created, you will see them.

New York Times headlines have always backed Democrats in the presidential race over the past 70 years, but Donald Trump is the Republican nominee.

The newspaper says it has obtained financial statements from President Trump and his companies - owned by the Trump community - dating back to the 1990s decades, as well as his 2016 and 2017 financial documents.

The so-called Trump Economic Group has also denied the allegations.

Alan Garten, a senior attorney for the business group, told the New York Times:

According to him, President Trump has personally paid tens of millions of dollars in taxes to the federal government over the last decade. He also paid millions of dollars in the run-up to the 2015 presidential election.

In recent decades, US presidential candidates have voluntarily released their financial documents, but President Trump has not released these documents in previous or current elections.

His position was controversial in previous elections, and Democratic rival Hillary Clinton raised the issue in a debate with Donald Trump, but President Trump has said he is proactive if he does not pay taxes.

Two-and-a-half months ago, Reuters reported that two-thirds of Americans wanted to see Mr. Trump's financial statements, and half were convinced he did not share them because he thought it was politically damaging.

In his second year in office, in 2018, President Trump said at a meeting that he has about  435 million in revenue.

But the New York Times denied the allegations, saying Mr. Trump's financial statements showed he had lost about  47.5 million.

The newspaper adds that most of President Trump's core business, including golf and hotel lands, has cost him millions and even tens of millions of dollars a year.

According to the report, President Trump has used tax laws that give employers time to clarify their losses in the coming years, thereby reducing taxes they have not paid.

The report cites examples of how, he says, he and the economics community have come up with something in their financial statements that they can't afford to pay taxes on.

The newspaper claims that President Trump personally owes 300 million, which is due in the next four years.

The newspaper added that it had obtained all the documents and information in the report from sources who had legal access to the documents.

Four years ago, the New York Times reported on the eve of the election that President Trump, with a claim of  1 billion in damages, may not have paid any taxes to the federal government in the last two decades.

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