Here are some of the new revelations in the thousands of pages of Trump’s tax returns from 2015 to 2020, which were made public Friday by the House Ways and Means Committee after a multi-year court battle with the former president.
The House Ways and Means Committee released six years of former president Donald Trump’s tax returns on Friday, after a seemingly endless legal battle to obtain the documents and make them public — which unlike all of his post-Watergate predecessors, Trump had repeatedly refused to do voluntarily, then went to court to block Congress from doing instead. Anyone who wants to spend the holiday weekend reading thousands of pages from Trump’s personal and business federal tax returns from the years 2015 to 2020 can now download a zip file of them from the Ways and Means Committee’s website.
Here’s the link to the Trump tax returns. It downloads a .zip file with all of the return documents. https://t.co/8o6O7Yc0wv pic.twitter.com/kEX9rALs5z— Jamie Dupree (@jamiedupree) December 30, 2022
For those who don’t want to pore over the documents, it seems that the key revelations were reported last week by the Joint Committee on Taxation. Among the major takeaways, the former president paid no federal income tax in 2020 after claiming business losses far greater than his income that year. Across the previous three years of his presidency, he paid a total of $1.1 million in federal income taxes on an adjusted gross income of $15.8 million — and Trump may not have had to pay any income tax at all if he was not subject to the Alternative Minimum Tax. In four of the six years, Trump reported a negative adjusted gross income. And according the JCT, the former president made a number of questionable claims in his taxes, including interest claims which may have disguised gifts to his children.
