Donald Trump paid no income tax during the final year of his presidency as he reported a loss from his business interests. He refused to make his tax returns public during his campaign for office. Donald Trump paid no income tax during the final full year of his presidency as he reported a loss from his sprawling business interests, according to tax figures released by a congressional panel. In 2017, Trump and his wife reported adjusted gross income of negative $12.9 million, leading to a net income tax of $750, the records showed. In 2020, they reported a loss of $4.8 million and paid no net income tax.

Source: News 24 December 22, 2022 06:06 UTC