Trump’s tax returns released after long fight with Congress


Source: afr.com afr.com

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While Mr Trump paid $US641,931 ($943,300) in federal income taxes in 2015, the year he began his campaign for president, he paid just $US750 ($1102) in 2016 and 2017, according to a report released last week by Congress’ nonpartisan Joint Committee on Taxation. He paid nearly $US1 million ($1.47 million) in 2018, but only $US133,445 ($195,000) in 2019 and nothing in 2020, the year he unsuccessfully sought reelection. The records also detail Mr Trump’s foreign holdings. Mr Trump, according to the filings, reported having bank accounts in China, Ireland and the United Kingdom in 2015 through 2017, even as he...