The $US1.1 million Trump paid in federal taxes in 2018 and 2019 stand in stark contrast to the $0 paid in 2020. 9News
The $US1.1 million Trump paid in federal taxes in 2018 and 2019 stand in stark contrast to the $US750 he paid in 2017 and $0 in 2020.
"It's the 2,000-pound gorilla. ... He still uses the net operating losses" to reduce his tax liability, said Steven M. Rosenthal, senior fellow in the Urban-Brookings Tax Policy Centre at the Urban Institute. House Ways and Means Committee Chairman Richard Neal, D-Mass., talks to the media after the House Ways & Means Committee voted on whether to publicly release years of former President Donald Trump's tax returns during a hearing on Capitol Hill in Washington, Tuesday, Dec. 20, 2022. Rep. Steven Horsford, D-NV., Rep. Judy Chu, D-Calif., Neal, Rep. Mike Thompson, D-Calif., and Del. Stacey Plaskett, D-Virgin Islands.
Documents arrive as the House Ways & Means Committee holds a hearing regarding tax returns from former President Donald Trump on Capitol Hill in Washington, Tuesday, Dec. 20, 2022 "Over our objections in opposition, Democrats in the Ways and Means Committee have unleashed a dangerous new political weapon that overturns decades of privacy protections," he told reporters.
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