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Billionaire Donald Trump paid $750.00 in taxes the year he won the presidency


The president pays less taxes than the average citizens of his country. Photo: Reuters

The president of the United States, Donald Trump, paid just $ 750 in income taxes in 2016, when he managed to win the election, and the same amount in 2017, while he did not do it for at least a decade since the year. 2000, according to the newspaper ‘The New York Times.

The New York tycoon has managed to be exempt from paying more taxes since he declared more losses than income during the entrance of the new century , something, points out this media, that has not prevented him from enjoying an expensive lifestyle by “deducting taxes on what some would consider personal expenses, “such as the use of their residences, airplanes and $ 70,000 in hairdressing to go to television and makeup sessions for their daughter Ivanka Trump.

The extensive report published by the newspaper states that Trump managed to reduce the amount of taxes to pay “with questionable measures”, including a refund of almost 73 million dollars, which is being investigated by the Internal Revenue Service (IRS, for its acronym in English).

Likewise, the same sources point out, the president of the United States would have used almost 430 million dollars that he obtained from the sale of his image and with his reality show ‘El Aprendiz’, to finance his other businesses, mainly his golf courses, whose millionaire losses are counted by dozens “year after year”.

‘The New York Times’ has indicated that Trump is “personally responsible” for a debt of 300 million dollars , which expires in the next four years.

Trump’s tax return has been a mystery since he ran for the White House, subsequently making him the first US president to not provide details on his finances in decades.

In a press conference held minutes later, President Trump called this information “fake news” and accused the IRS of treating him badly.

“Everything will be revealed. I pay a lot and pay a lot in state income taxes,” said Trump, who has once again insisted that he will make public all the details of his tax returns once the IRS completes its investigations, despite that being subject to the investigations of this entity does not prevent you from publishing information in this regard.

In this sense, the lawyer for the Trump Organization, Alan Garten, has pointed out that the information published by the newspaper “if not all, the majority seems to be inaccurate”, and has requested the documents to which the newspaper has had access, something that it has been denied by the means itself to defend the interests of the sources, which have assumed “enormous personal risks to help inform the public.”

(With information from agencies)


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