How Donald Trump Got Away With Paying So Little in Taxes

The House Ways and Means Committee finally released Donald Trump's tax returns from 2015-2020. The documents revealed that Trump paid far less than expected in taxes in the years he was in office. He reported significant losses every year, and the amount he paid in taxes reflected that.

Disproportionate Amounts

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.

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.

In 2018, however, he did pay almost $1 million in taxes and $133,445 in 2019. While those might seem to be astronomical amounts to us peons, it is, in fact, a very small percentage of Trump's reported income.

Last Ditch Effort

In January, the House will transfer to Republican control, and the probe into Trump's tax returns and the January 6th incident will likely cease.

Republicans have continuously claimed that releasing Trump's tax returns to the public is an egregious invasion of privacy.

Although the IRS is supposed to conduct mandatory audits of the president's tax returns, no audit was done until 2019, when the committee first requested the returns.

Swipe up now to read the full post!