U.S. President Donald Trump paid only $750 in income taxes in 2016, when he won the election, and the same amount in 2017, while he had been out of office for at least a decade since 2000, according to The New York Times.
The New York magnate has managed to be exempt from paying more taxes since he declared more losses than income during the entrance of the new century, something, this media points out, that has not prevented him from enjoying an expensive lifestyle by “deducting taxes on what some would consider personal expenses,” such as the use of his residences, airplanes and $70,000 in hairdressing for television and makeup sessions for his daughter Ivanka Trump.
The newspaper’s extensive report states that Trump was able to reduce the amount of taxes to be paid “by questionable measures,” including a refund of nearly $73 million, which is being investigated by the Internal Revenue Service (IRS).
Likewise, according to the same sources, the president of the United States would have used almost 430 million dollars that he obtained with the sale of his image and with his reality show ‘The Apprentice’, to finance his other businesses, mainly his golf courses, whose millionaire losses are counted by tens “year after year”.
The New York Times’ has pointed out that Trump is “personally responsible” for a debt of 300 million dollars, which expires in the next four years.