President Donald Trump fired back at a report from The New York Times (NYT) claiming that he paid no income taxes for much of the last decade, slamming the story as “fake news” and insisting that the documents NYT obtained from an unnamed source are “wrong” and “totally made up” — and an attorney for the Trump Organization agrees.
The NYT report, which dropped late Sunday, appears to show Trump and his signature companies often paid little or no federal income taxes and that the president, who prior to being elected to the White House was a real estate developer, carried over his real estate losses and took advantage of available deductions and tax credits to lessen his overall tax burden.
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