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

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Trumps Taxes

LEXINGTON, Ky. (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.