NY Times: Trump paid $750 in US income taxes in 2016, 2017

Pres. Trump gives remarks at the 9/11 United Airlines Flight 93 remembrance ceremony on Sept. 11, 2020. (Photo: Pool)

NEW YORK (AP) – 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 in The New York Times.

Trump has fiercely guarded his tax filings, becoming the only president in modern times not to make them public.

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The details of the tax filings complicate Trump’s description of himself as a shrewd and patriotic businessman, revealing instead a series of financial losses and income from abroad that could conflict with his responsibilities as president.

Trump’s financial disclosures indicated he earned at least $434.9 million in 2018, but the tax filings reported a $47.4 million loss.