18 Revelations From a Trove of Trump Tax Records

  • Date: 28-Sep-2020
  • Source: The New York Times
  • Sector:Economy
  • Country:GCC
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18 Revelations From a Trove of Trump Tax Records

Times reporters have obtained decades of tax information the president has hidden from public view. Here are some of the key findings.Many of President Trump's properties operate at a loss, but Trump Tower in Manhattan is an exception, regularly earning him more than $20 million a year.Credit...Haruka Sakaguchi for The New York TimesBy David LeonhardtThe New York Times has obtained tax-return data for President Trump and his companies that covers more than two decades. Mr. Trump has long refused to release this information, making him the first president in decades to hide basic details about his finances. His refusal has made his tax returns among the most sought-after documents in recent memory.Among the key findings of The Times's investigation:Mr. Trump paid no federal income taxes in 11 of 18 years