Photo by Alex Wong Credit: Getty Images
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In a
stunning report published by newspaper giant, New York Times, it is said that President
Trump had paid a total sum of 1500 US dollars in years 2016, the year when he
was elected as the President and the following year 2017. President Trump paid
a measly 750 dollars for a year despite his self-proclamations of highly
successful businessman and a billionaire.
The report
further stated that President Trump had not paid income taxes in the last 10 of
15 years claiming loses. The New York Times will not be publishing the documents
to protect its source behind the report. Despite reporting loses to IRS, Trump
boasts a luxurious lifestyle with several residencies, private planes,
humongous expenses. Trump’s campaign in leading to the US elections in 2016
pointed out that as a successful businessman, Trump would be steering US
economy in the right direction. President Trump did not report his tax reports
in 2016 claiming that they were under audit.
He repeated
the same on a press conference held in White House on Sunday saying that The
New York Times report on his taxes were totally fake news. He said that he had
paid substantial amount of taxes in the past and the dismissed The Times report
as fake and phony.
Trump will
be facing former vice-president Joe Biden in a debate on Tuesday in Cleveland,
Ohio. It is yet to be seen if Democratic Party presidency candidate Biden will
bring up The New York Times report during the debate. The US elections are
scheduled to be held on November 3rd.
