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Democrats attack Trump's tax refunds: "Question of national security"

Pelosi expressed concern over the report that Trump has not paid income tax in 10 of the last 15 years, and that he has hundreds of millions of dollars in debt.

According to the Speaker of the House of Representatives, the public deserves to know to whom it owes such large sums of money, especially since it is possible that these countries will take advantage of this and influence the president

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• Nancy Pelosi

• United States

• Donald Trump

Reuters

Monday, 28 September 2020, 22:10

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In the video: Trump has not paid income tax in the last 10 years (Photo: Reuters, edited by Assaf Drori)

U.S. House Speaker Nancy Pelosi went out today (Monday) against US President Donald Trump, following a report that revealed that Trump has not paid federal income tax in ten of the past 15 years, and that he has hundreds of millions of dollars in debts and loans. "In my

opinion,

this is a question of national security," Pelosi said in an interview with MSNBC.

According to Pelosi, the public deserves to know to whom Trump owes such large sums of money. She added that this is a particularly worrying issue, And influence the American president.

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Expressed concern over Trump's duties.

Pelosi (Photo: AP)

The report on Trump's tax returns was published tonight in the New York Times.

According to the paper, Trump paid taxes of only $ 750 in the year he was elected president, 2016, and the one after that.

The report paints a picture that part of the real estate mogul's business suffered losses of millions, while the election campaign Trump boasted prosperity its members.

The New York Times revealed that Trump earned 427.4 million 2018 his reality TV show "The Apprentice", has used the money to finance Other businesses he owns, mostly golf courses. In addition, he invested more cash in his companies than he put in.

The investigation revealed that Trump was able to reduce the payments required by reporting heavy losses in his business. The paper reported that Trump declared losses of $ 47.4 million in 2018, However declared revenue of at least 434.9 million in total that year.

More on Walla!

NEWS

Report: Trump has not paid income tax in 10 of the last 15 years

To the full article

"Absolute Pike News."

Trump (Photo: AP)

The paper stressed that the documents show only the things Trump told the administration about his business, and they do not betray his true wealth.

They further added that the president is currently in the midst of criticism from the US IRS that has been going on for the past decade, following a $ 72.9 million tax refund he received after declaring large losses.

If the IRS rules that his actions are flawed, he may have to pay more than $ 100 million.

At a White House news conference, Trump called the report "Pike News."

He claimed to have paid taxes, many of them at the state level (unlike the federal and local levels).

A lawyer working for the Trump organization, Alan Garten, argued in response that "most, if not all, of the facts are inaccurate."

He said the president "has paid tens of millions of dollars in taxes to the government, millions of them since he announced his candidacy for the presidency in 2015."

The president later tweeted that he had paid taxes in the amount of "many millions of dollars", but added that he was entitled to depreciation and tax credits.

"I am under extreme leverage - I have very few debts compared to the value of the assets," he wrote.

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