After a years-long battle to obtain Trump’s tax returns, the New York Times has revealed that the president paid just $750 in federal income taxes in the year he took office. According to the newspaper, the self-proclaimed billionaire paid no federal income taxes in 10 of the last 15 years, largely due to significant financial losses and various methods of tax avoidance.
The bombshell report is a severe blow to a president who has built much of his appeal of his alleged success as a businessman. While the president scrambles to dismiss the report as “fake news”, David Smith asks: will this be enough to sink Trump?
From failing businesses to a decades-long audit, here are the six biggest takeaways from the report.
The president’s former campaign manager has been hospitalised at risk of self-harm. Brad Parscale was replaced in June after a campaign rally that was supposed to attract hundreds of thousands of people was sparsely attended, causing embarrassment…