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    Trump Dismisses 'New York Times' Report That He Paid Little In Federal Income Taxes

    President Trump paid $750 in federal income taxes in 2016 and 2017, according to the Times, which also says he's fighting an IRS audit that could cost him over $100 million.
    by Benjamin Swasey Sep 27, 2020 2 minutes
    President Trump takes a question during a news conference at the White House on Sunday, where he dismissed reporting from the "New York Times" that he has paid little or no federal income taxes in recent years as "fake news."

    Updated at 8:40 p.m. ET

    A New York Times investigation published on Sunday found that President Trump paid just $750 in federal income taxes each year in 2016 and in 2017, which the president denied at a news conference using a familiar retort: "fake news."

    The cites Trump's long sought-after tax returns, further reporting that he paid no income taxes at all in 10 of the previous 15 years, as Trump reported massive losses to his businesses.

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