One of the secrets revealed in Donald Trump’s tax returns is that he paid more federal taxes to foreign governments than he paid to the United States as president in 2017.
Little to no income taxes, foreign bank accounts, and frowned upon loans to some of his children. The House Ways and Means Committee has released six years of former President Trump’s tax returns. It lasted from Trump announcing his first presidential run in 2015 until his final year in office in 2020.
An earlier report from the Joint Taxation Commission revealed the shockingly low amount of taxes the former president paid, including paying just $750 in 2017. And he’ll pay $1.1 million in 2018 and 2019 combined. And he won’t have to pay income taxes for his final term in 2020. Trump has offset his earnings by claiming millions of dollars in losses and has cast doubt on the former president’s business failures.
Trump received money from foreign governments during his presidency. He paid more taxes abroad than he paid to the federal government he was elected in 2017.
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The tax returns are atrocious because they expose the multiple levels of fraud that are the backbone of the Trump family business. , suggesting that his allegations are false and deceiving voters.
Trump lied to the United States by claiming hefty losses to avoid paying federal taxes. He was complicit in tax evasion. claimed Receive money from foreign governments. His foreign policy was a fraud.
No true believer in Donald Trump will accept any of this information. The MAGAs line up and likely make Trump the 2024 Republican presidential nominee, but for the rest of the country, Trump’s tax returns disqualify Donald Trump’s tax returns from ever being him. 2024 is enough to see him completely defeated…again in the Oval Office.
Jason is the editor-in-chief. He is also a White House press pool and a congressional correspondent for PoliticusUSA. Jason has a BA in Political Science. His graduate work focused on public policy with a specialization in the social reform movement.
Awards and Professional Membership
Member of the Association of Professional Journalists and the American Political Science Association