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Trump Tax Returns Show He Paid Little or No Federal Taxes Some Years, IRS Failed to Audit Him

HeadlineDec 21, 2022

The IRS failed to audit former President Trump for his first two years in office, while Trump paid little or no federal income taxes between 2015 and 2020. The long-awaited revelations came to light Tuesday after the House Ways and Means Committee voted to release Trump’s tax returns after a years-long battle to obtain them. Trump paid just $750 in taxes in 2016 and 2017, despite making tens of millions of dollars, by reporting huge losses. In 2020, Trump paid zero dollars.

Meanwhile, the IRS only started auditing Trump in 2019 after Democrats started pushing the issue, despite this being IRS policy for decades. Trump had refused for years to release his tax info by claiming he was being audited. Democratic Committee Chair Richard Neal said a redacted version of the taxes will be released publicly in the coming days.

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