Taxes
Trump Paying $750 in Income Tax Shows Why He’s a Billionaire
- Report on his taxes shows he cites losses to reduce payments
- But it doesn’t impact $2.7 billion estimate for his net worth
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A New York Times story based on Donald Trump’s long-sought-after tax data shows he avoided paying income taxes for most of the past two decades and paid only $750 the year he was elected president.
That doesn’t mean he isn’t a billionaire.