Trump reportedly paid simply $750 in federal revenue taxes in each 2016 and 2017. In 11 of the 18 years that have been examined by The Instances, Trump paid $0 in federal revenue taxes.

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This story initially appeared on Business Insider

In a blockbuster report on President ‘s taxes released by The New York Times on Sunday, quite a few monetary figures stood out as particularly damning, from a controversial $72.9 million income-tax refund to a stream of funding from overseas sources.

Listed here are essentially the most surprising info revealed in Trump’s tax data, as reported by The Times:

  • Trump paid only $750 in taxes in each 2016 and 2017.
  • In 11 of the 18 years that have been examined by The Instances, Trump didn’t pay any revenue taxes to the federal .
  • In his as president, Trump or his firms paid extra taxes to India ($145,400), Panama ($15,598), and the Philippines ($156,824) than to the US.
  • Since 2000, he has misplaced over $315 million on the golf programs that he owns and promotes. Final October, Trump tried to steer the Group of seven summit to Trump Nationwide Doral, his course close to Miami, before dropping the idea.
  • From 2016 by means of 2018, Trump confirmed losses of $55.5 million on the Trump Worldwide Lodge Washington, DC. Even before he was inaugurated, there have been moral issues have been about overseas dignitaries staying on the resort, together with occasions that the federal authorities might probably be funding.
  • Trump’s marketing campaign and presidency have been incredible for enterprise at , the Trump-owned resort in Palm Seashore, Florida. From 2015 to 2018 there was a surge in membership, with the president in a position to get $26 million, or almost triple his normal quantity, out of the historic property over the identical time interval.
  • In 2010, Trump acquired a $72.9 million tax refund that’s being audited by the IRS. He acquired the sum after claiming heavy losses, but when he loses his enchantment with the IRS, he should pay over $100 million to the federal authorities.

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  • Trump made thousands and thousands of {dollars} because the star of NBC’s “The Apprentice,” however income streams from that extremely profitable franchise and different licensing agreements are waning. Inside the subsequent few years, he should cowl $300 million in loans.
  • Even together with his shaky funds, Trump has nonetheless lived an opulent way of life, declaring tax deductions on private bills, together with a litany of residences and costly airplanes. He additionally wrote off greater than $70,000 for to model his hair throughout “The Apprentice.”
  • Trump has earned thousands and thousands from overseas licensing offers. From 2017 to 2019, he acquired $3 million from the Philippines, $2.3 million from India, and $1 million from Turkey.
  • He made $73 million from throughout his first two years as president.

The Instances has promised extra articles from Trump’s tax returns within the coming days and weeks.