Megathread: Long-Concealed Records Show President Trump’s Losses and Years of Tax Avoidance

President Donald Trump paid just $750 in federal income taxes in both 2016 and 2017, the New York Times reported Sunday. In 10 of the last 15 years, he paid no federal income taxes at all, the newspaper said. <br><br>According to the Times, Trump was able to avoid paying taxes because his businesses were losing vast sums of money. The paper said it obtained tax-return data covering over two decades for Trump and the 500 companies that make up his business organization.<br><br>Subreddit Rules:<br><br>P - Post body should contain explicitly political or policy-related information or events.<br><br>R - Post titles should fairly and accurately describe the content of the post body.<br><br>O - Posts should be substantive; if you have a question, please ask it in the post body. <br><br>L - Posts should link to primary sources, or to secondary sources if primary sources aren't available. If you're unsure what counts as a primary source, read the wiki.<br><br>I - Image macros, memes, and low-effort content are not allowed. <br><br>T - Troll-ish behavior and comments will be removed and may result in a ban. <br><br>I - In general, be civil and respect other users. <br><br>C - Comments should be substantive; if you're unsure what counts as substantive, read the wiki.<br><br>S - Submissions from domain-based news aggregators (e.g. news.google.com, nytimes.now) are not allowed. <br><br>Submissions that violate these rules will be removed. Consistent violation of these rules may result in a ban.