The New York Times says Donald Trump has announced that his companies are losing out in order to avoid paying taxes



The New York Times claimed that US President Donald Trump paid only $ 750 in income tax in 2016, which he won the presidency, as well as his first year in office.

According to the newspaper – which says it acquired Trump and his corporate tax records in two decades – Trump has not paid any taxes for ten of the past 15 years.

The records reveal “chronic losses and years of tax evasion,” according to the New York Times.

Trump denied the newspaper report as “fake news.”

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