Explosive Report Released on President Trump’s Federal Income Taxes

In a bombshell report yesterday, it was revealed President Trump has paid almost nothing in federal income taxes since 2000. The report, which was released by the New York Times, claims the president paid no federal income taxes whatsoever in 10 out of 15 years. The year he was elected into office, as well as the following year, it’s believed he paid only $750. Furthermore, it’s alleged he took almost $430 million he earned while working on “The Apprentice” and funneled it back into his own businesses. It’s believed he was able to pay so little because he reported significant losses. President Trump is now facing a decade-long IRS audit of nearly $73 million in tax refunds that could end up costing him more than $100 million. He also owes over $300 million in loans, most of which are all due within the next three years. In a press briefing yesterday, President Trump denied any accusations made by the Times, calling it fake news. He added he will release his tax returns once he’s no longer being audited.