The Times has obtained tax-return data for President Trump extending over more than two decades. It shows chronic losses and years of tax avoidance.
Sunday, September 27, 2020 5:16 PM EST
Mr. Trump’s finances are under stress, beset by losses that he aggressively employs to avoid paying taxes, and hundreds of millions in debt that he has personally guaranteed, which comes due in the coming years.
He paid $750 in federal income taxes in 2016, and nothing in 10 of the previous 15 years — largely because he reported losing much more money than he made.
Also hanging over him is an audit battle that he has long been waging, out of public view, with the I.R.S. An adverse ruling could cost him more than $100 million.
more:
http://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html?campaign_id=60&emc=edit_na_20200927&instance_id=0&nl=breaking-news&ref=cta®i_id=16112385&segment_id=39191&user_id=75ee940ebe2fd3e9d0a6bb93cf283302
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