During last years election campaign, some tax experts and financial reporters suggested that Donald Trump may not have paid any federal income taxes since the nineteen-nineties. Trumps dogged refusal to release any of his returns contributed to this speculation. So did his state tax returns from 1995, portions of whoch were sent to the Times. These showed that he had used aggressive accounting tactics, taking a loss that year of more than nine hundred million dollars. Experts suggested that Trump might have exploited this huge write-off in subsequent years, too, greatly reducing or eliminating his tax liabilities.It is likely that Trump has not paid any income tax since 1978, or maybe a little bit in a couple of years, David Cay Johnston, a former Times tax reporter who published a critical biography of Trump last year, told me in September.
Källa: Who Leaked Part of Donald Trumps 2005 Federal Tax Return? – The New Yorker
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