Trump’s tax scandal

The COVID Diaries – 174 28th September

Today has seen some dramatic revelations in the New York Times about chronic financial losses and his tax returns.

The paper has reported that Trump paid just $750 in federal income taxes in 2016, the year he was elected president. In 2017, he paid only $750 again. And he paid no federal income tax at all in 10 out of the previous 15 years.

The Biden campaign was quick to seize on the report, releasing an attack ad contrasting Trump’s $750 payment with elementary school teachers (who typically pay $7,239), firefighters ($5,283), construction managers ($16,447) and registered nurses ($10,216).