Wealthy Living
Wealthy Living
Donald Trump Tax Returns: Know How He Got Away Paying Little in Taxes
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The House Ways and Means Committee finally released Donald Trump's tax returns from 2015-2020.
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The documents revealed that Trump paid far less than expected in taxes in the years he was in office.
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He reported significant losses every year, and the amount he paid in taxes reflected that.
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Disproportionate Amounts
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The tax return documents are almost 6,000 pages, and it is clear that Trump used every trick in the book to keep his tax payments as low as possible.
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He paid $641,931 in federal income tax in 2015, but in 2016 and 2017, he only paid $750. In 2020, he paid nothing at all.
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In 2018, however, he did pay almost $1 million in taxes and $133,445 in 2019.
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Last Ditch Effort
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