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Tag: Internal Revenue Services

US President Donald Trump In Trouble  For Tax Evasion

US President Donald Trump In Trouble For Tax Evasion

By Our Reporter The President of the United States of America Donald Trump has landed in hot soup after long-hidden records emerged indicating that he has been evading taxes worth millions of dollars for several years.    The scandal came to light after The Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due. The leaks indicate that Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750. He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made. As the president w...
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