US President Donald Trump has not paid federal income tax in 10 of the last 15 years, According to a report in the New York Times on Sunday.
Trump, the only president to have kept his tax filings seriously and not disclosed them in modern times, paid US $ 750 in taxes to the federal government in 2016, the year he was elected, and the first year in office was US $ 750.
Speaking at a news conference at the White House, Trump dismissed the report as “fake news” and said he had paid taxes despite not giving any specifications.
The statement, which the Times says comes from two decades of extensive tax return data, comes at a crucial time just before the first presidential debate on Tuesday and in the weeks leading up to the by-elections.
The president vowed that information about his taxes would be “all known.” But he was given no timeline to disclose and made similar promises in the 2016 campaign, on which he never complied.
In fact, the president has faced court challenges against those seeking access to his revenue, including the U.S. House, which is suing to obtain Trump’s tax returns as part of congressional oversight.
Alan Garten, a lawyer for the Trump organization, and a spokesman for the Trump organization did not immediately respond to a request for comment from the Associated Press on the report.
Speaking to the Garten Times, he said, “Most, if not all, facts seem inaccurate.”
The president “paid tens of millions of dollars in personal taxes to the federal government, and has paid millions in personal taxes since announcing his candidacy in 2015,” he told the news agency.
During his first general election debate on Democrat Hillary Clinton in 2016, Clinton said Trump did not release his tax returns because he did not pay any federal taxes.
Trump prevented her from saying “that makes me smart”.