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US Congress confirms that Trump has not paid taxes in years

Date: May 30, 2024 Time: 22:04:09

Former US President Donald Trump


The House Committee of Congress, which controls the US Internal Revenue Service (IRS), studied former White House chief Donald Trump’s tax returns for the period from 2015 to 2020 and released its report. .

According to committee members, sometimes the former president of the country did not pay taxes at all.

The problem with the study of documents was complicated by the fact that Trump, both before the start of his presidency and holding the highest office in the country, repeatedly refused to publish data on his taxes, and conducting an audit in such cases is expensive. and a time consuming pleasure.

The shortcomings of the tax are explained by the fact that there are simply not enough auditors in the service.

– It is easy to spot IRS flaws. They lack resources. The wealthy can skirt the tax laws because the IRS doesn’t have the resources to prosecute them, said Steven Rosenthal, a senior fellow at the Urban Institute’s Tax Policy Center.

However, the agency was able to establish that Donald Trump paid a total of $1.1 million in income taxes in 2018 and 2019. In 2017, this amount was only $750, but in 2020, the politician and businessman announced huge operating losses and did not contributed a single dollar to the treasury.

Adding to the complexity of the matter are the charitable donations Trump made between 2015 and 2020: Amid the company’s loss statement, the charity tax deduction was postponed to subsequent years, and now the tax situation looks even more confusing. .

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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