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Trump Calls Out The New York Times Report For Accusing Him Of Tax Evasion

 

The New York Times reported on Sunday, September 27 that the president paid only $ 750 in federal income tax the year he was elected and again in his first year in office. President Trump has denied this information, calling it "fake news" and "fabricated".

The Times said President Trump has not paid any income taxes in 10 years in the past 15 years, mainly because he reported a significant loss.

There are reports that President Trump is facing an audit by the Internal Revenue Service of the $ 72.9 million tax refund he received, which could cost him more than $ 100 million.

The Times also reported that Trump has more than $ 300 million in loans due within the next few years that he is personally responsible for repaying.

The tax documents cover more than two decades, including some of his presidency, but they do not include his profits from 2018 and 2019.

There are currently no third parties that have verified any of the documents reported by The Times.

On Sunday, President Trump said the Times story was "completely fake news" and "fabricated".

When asked about the report that he paid only $ 750 in federal income taxes in 2016 and again in 2017, Trump said he "paid a lot of money on state taxes", despite He did not specify how much.

In a statement to NBC News, a Trump Organization attorney, Alan Garten, claimed the story "had many inaccuracies".

“Over the past decade the President has paid tens of millions of dollars in personal taxes to the federal government,” said Garten.

Meanwhile, the Times reported that President Trump has not paid income taxes for several years, but he has paid other forms of federal taxes, including Medicare, Social Security and alternative minimum taxes.

 


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