The NYT confirms President Trump was telling the truth about being under audit

The New York Times has obtained tax-return data extending over more than two decades for Mr. Trump and the hundreds of companies that make up his business organization, including detailed information from his first two years in office.

This excerpt on how little the president paid in taxes over the past 15 years is what we're seeing most blue-checks focus on right now, but....2.

Trump paid $750 in federal income taxes the year he won the presidency.

In his first year in the WH, he paid another $750. He had paid no income taxes at all in 10 of the previous 15 years - largely because he reported losing more money than he madehttps://t.

The reason he paid no income tax in these years was because of a change in the tax law signed by President Barack Obama wich then generated a $72.9 million refund.

Some losses can be saved for later use, or even used to request a refund on taxes paid in a prior year.

Now business owners could request full refunds of taxes paid in the prior four years, and 50 percent of those from the year before that.

https://twitchy.com/gregp-3534/2020/09/27/the-nyt-confirms-president-trump-was-telling-the-truth-about-being-under-audit/