You won’t believe how much presumptive Republican nominee Donald Trump paid in taxes according to his last public filings. According to these records, the bigoted billionaire didn’t pay even a single penny in federal income taxes during these years.
A report from 1981 by New Jersey gambling regulators reveals that Trump, who by the way loves to brag about how rich he is, claimed that in 1978 and 1979 his income was negative $3.8 million. This meant that he had to pay nothing in federal income taxes. Zero. Zilch. Nada.
Seriously folks, Donald Trump actually managed to pay zero taxes because he didn’t make enough money. You can’t make this stuff up.
This report from New Jersey is the last time Trump’s tax returns were made public. Despite intense pressure from the media throughout his presidential campaign, he has staunchly refused to release his tax returns. His excuse for this is that he is being audited and, therefore, he says he is unable to release them. The IRS, however, has called bullshit on this claim and said that an audit in no way prevents him from releasing the documents.
Trump, who recently threw a hissy fit when a reporter asked him about his taxes and declared that they were “none of your business,” is the only 2016 candidate to have not released his tax returns.
There has been much speculation as to why he has been so fiercely opposed to releasing his tax returns. Mitt Romney publicly declared that Trump was hiding some sort of “bombshell.” A recent report by ABC showed that Trump has a long history of tax evasion. Democratic candidate Hillary Clinton recently released a web video suggesting that Trump is refusing to release his tax returns because he is trying to hide something; such as that he isn’t as rich as he says is, doesn’t donate much to charity, or just like this new information seems to indicate, he doesn’t pay his “fair share” in taxes.
Trump has repeatedly bragged that he pays “as little as possible in taxes,” but to exploit loopholes to the point that someone with his bank account literally paid nothing for at least two years is an extreme that most of us likely weren’t expecting.
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