Tag: tax return

14 Mar 2017 – Trump paid $38 million in federal income taxes on reported income of $150 million, an effective tax rate of 25 percent

President Trump wrote off $100 million in business losses to reduce his federal taxes in 2005, according to forms made public on Tuesday night in a rare glimpse at documents that he has refused to disclose since becoming a candidate for the nation’s highest office. The forms showed that Mr. Trump paid $38 million in

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Tag: tax return

27 Feb 2017 – 229 House Republicans vote to keep Trump’s tax returns secret

The measure was introduced by Rep. Bill Pascrell (D-NJ), a member of the House Ways and Means Committee. Under a 1924 law, the Ways and Means Committee is empowered to examine tax returns. The committee could then decide to release them to the full Congress, effectively making them public. … Pascrell first brought his request

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