Over the weekend, The New York Times published another hit piece on President Donald Trump — this time about his tax returns.
The president, however, has come out strongly in response to the story, calling it fake news and “totally made up” — a claim he says he will prove very soon, as Fox News reported.
The Times and Trump
The longstanding tradition of presidential candidates releasing their tax returns dominated the news cycle during the 2016 election season.
Trump said at the time that he was under audit and did not want to release his returns until that audit was completed, as Politico reported. Democrats, meanwhile, accused him of hiding something — and they have been after his returns ever since.
Now, only weeks before the election and a few days before the first presidential debate, The New York Times claims to have gotten its hands on the returns.
While the hit piece published Sunday did not describe anything illegal, the “blockbuster” revelation is that Trump supposedly paid only $750 in federal income taxes in 2016 and 2017 and no taxes in 10 of the 15 years of tax returns the paper said it obtained.
The longwinded piece in the Times tried to create a scandal where one does not really exist.
The biggest revelation from the report seems to be that Trump’s accountants took advantage of tax laws that allowed Trump to avoid paying taxes due to previous losses — which is completely legal.
Trump, however, called the entire story “a total fake” at a press conference on Sunday, Fox News reported.
“I’ve never seen anything like it; that’s why the media has such a low rating,” Trump said regarding The New York Times‘ propensity to release “fake story after fake story.”
The president also said it would all be cleared up soon enough. “I look forward to releasing that,” he said, adding that he actually “paid a lot and I’ve paid a lot of state income taxes too.”
It’s telling, although not surprising, that the media is far more interested in how much the president paid in taxes than it is in investigating the apparent shady business dealings of Hunter Biden when Joe Biden was vice president.