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Tax Returns Show Trump Claimed Huge Losses While Paying Little or No Income Tax

HeadlineJan 03, 2023

Democrats on the House Ways and Means Committee released six years’ worth of Trump’s tax returns on Friday. The release contains thousands of pages of tax documents for Trump and his wife Melania, along with business returns for several of Trump’s hundreds of companies for the years he ran for president and was in office. The records reveal Trump paid just $750 in federal income tax during his first year in office in 2017. He paid no tax in 2020. Later in the broadcast, we’ll speak with Pulitzer Prize-winning journalist David Cay Johnston, who says the returns show Trump knowingly committed brazen tax fraud.

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