Sunday, April 20, 2025
25.7 C
Singapore

Six details about Trump’s tax troubles, according to the New York Times

- Advertisement -

The New York Times on Sunday published a major report into US President Donald Trump’s federal income tax affairs, weeks ahead of the November 3 election when he hopes to win a second term.

Here are some of the allegations made by the paper, which said it had viewed tax data dating back 20 years.

— Trump paid no federal income taxes in 11 of 18 years that the paper examined

— In 2017, after he became president in the 2016 election, his federal income tax bill was only $750

- Advertisement -

— He reduced his tax bill via a $72.9 million tax refund that is the subject of an Internal Revenue Service audit

— Many of his golf courses report losing large amounts of money

— Hundreds of millions of dollars in loans he personally guaranteed will soon be due for repayment

— He took tax deductions on residences, aircraft and $70,000 in hairstyling for television

- Advertisement -

bur/bgs/to

© Agence France-Presse

/AFP

- Advertisement -

Hot this week

Employee terminated for not agreeing to work on Saturdays, asks Singaporeans, ‘Is this wrongful termination?’

SINGAPORE: A Singaporean employee has allegedly been terminated after...

The late Barbie Hsu’s husband visits her grave daily and has lost 12kg since her death

TAIWAN: As reported by Allkpop, DJ Koo, also known...

Related Articles

Popular Categories