After a New York Times report over the weekend revealed how little Donald Trump has paid federal income taxes in the past two decades, the President and his top 10 100 journalists have condemned the story as “fake news,” but were careful not to say exactly what was inaccurate or give any specifics of their own to claims. remove this part. Taxes Than Donald Trump I Paid More Income Retro Vintage T-Shirt
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That changed Tuesday night, when under pressure from executive Chris Wallace, Trump said something that might make you regret it. Here’s the Taxes Than Donald Trump I Paid More Income Retro Vintage T-Shirt exchange:
Wallace:… I’m asking you a question. Will you tell us how much federal income taxes you paid in 2016 and 2017?
Trump: Millions of dollars.
Wallace: Have you paid millions of dollars?
Trump: Millions of dollars, yes.
Wallace: So not $750?
Trump: Millions of dollars and you’ll see it – and you’ll see it.
What Trump did there was deny it directly (on the tape!) Reports from The New York Times that he paid only $750 in federal income taxes in 2016 and 2017. And he actually did more than that. He claimed he paid “millions of dollars” in federal income taxes.
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That’s very different from what Trump has said in the Taxes Than Donald Trump I Paid More Income Retro Vintage T-Shirt past – and in recent days after the Times report – about his taxes.
He repeatedly insisted that he pay a lot of taxes. But that kind of vague language allows him to include state income taxes as well as other taxes – Social Security, Medicare, investment income, etc. – that for a Trump wealthy man could in fact be as high as millions of dollars. And that lackluster language also allows Trump to dispute the Times’ story as fake without participating in its central earlier: That he has paid little (or no) federal income taxes for much of the past two decades.
But by saying unequivocally that he paid “millions of dollars” in federal income taxes, Trump is directly countering the Times report. But here’s the thing: The Times has receipts. Literally.
“The New York Times has obtained more than two decades of tax returns for Mr. Trump and the hundreds of companies that make up his business organization, including details from his first two years in office,” the author of the story wrote in their first section on Trump’s taxes.