Trump Has Been Ducking Tax Payments

President Donald Trump has been ducking paying taxes for years. This is according to a report released by the New York Times.


One shocking detail of the report is that Trump only paid 750 US dollars tax in 2016, his first year of being president of the United States. He has brushed off the reports, claiming it's fake news.

The Times reported that Trump also failed to pay taxes for 10 years, claiming he was losing more money than he was making from his businesses. 

Even though he claimed to be operating his businesses at a loss, Trump managed to maintain a lavish lifestyle. While filming "The Apprentice", he wrote off more than 70 000 US dollars to cover the expense of styling his hair.

New York Times claims that the records show the hollowness behind Trump's "self-made billionaire image".

According to the law in the United States, Presidents are not required to release the details of their personal finances. However, most presidents appointed before Trump have released details of their tax returns.

Trump has been adamant for years on his refusal to release his tax returns. He has been in many court battles defending his decision to keep them private.

In 2010, he received a tax return of .9 million that is currently being audited by the Internal Revenue Service (IRS). He received the money when he claimed heavy losses, but he will have to pay 100 million US dollars if his appeal falls through.

A lawyer for the Trump organisation, Alan Garten defended Trump's finances.

"over the past decade, President Trump has paid tens of millions of dollars in personal taxes to the federal government, including paying millions in personal taxes since announcing his candidacy in 2015." 

Article Category

Other Articles

South Africa will receive a donation of Pfizer vaccines on Saturday from the United States of America (USA). The Department of Health has confirmed the arrival of the vaccines this week. Read further for more details.

Over 20 South African Social Security Agency (SASSA) offices were burnt and vandalised during the looting unrest across KwaZulu-Natal. SASSA says the damage will cost billions of rands to fully resume it operations

South Africa celebrates the two first silver medals won in swimming and Surfing codes at the 2021 Tokyo Olympics. Read further for more.

The Minister of Transport, Fikile Mbalula’s, grace with the 2020 driving license extension is coming to an end. The cut off date for when drivers should renew their licenses has now been issued. Read further for more details.

President Cyril Ramaphosa announced the return of the unemployed relief grant in his speech last Sunday. The R350 grant is announced to resume on a date that will still be communicated up until March 2022.