Just over a million taxes paid in four years, but not fairly distributed.
Former Republican President Donald Trump paid $ 750 in 2017, one million, therefore, in 2018 and 2019, and nothing in 2020, the year during which his losses were dug and lost the presidential to the Democrat Joe Biden.
These figures, made public on Tuesday in the report of a parliamentary commission, show that the 76-year-old billionaire reported huge deficits from 2015 to 2020.
But his earnings skyrocketed in 2018 and 2019, fueling further speculation about the extent of his fortune as Congress prepares to release its tax returns.
The former reality TV star recorded capital gains on asset sales of $22 million in 2018 and $9 million the following year.
Trump's tax returns to be released
But he lost almost $65 million during his campaign for the presidency in 2015 and 2016 and around $13 million during his first year in office.
In 2020, his earnings were in the red of $5 million.
The report also showed that Mr. Trump carried forward $105 million in net operating losses on his 2015 return, $73 million in 2016, $45 million in 2017 and $23 million in 2018 to reduce payables. Taxes.
Elected officials had voted Tuesday in favor of the publication of the tax declarations of the former president, who waged a legal battle for several years to keep them deprived.
A separate parliamentary report on the US tax authorities showed that the latter had not done what it was supposed to do for almost all of Donald Trump's term.
“The tax authorities opened only one mandatory examination from 2017 to 2020 for returns filed while the former president was in office,” according to the text.
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