Trump paid $1m in tax while in office, nothing in 2020

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Trump paid $1m in tax while in office, nothing in 2020
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Donald Trump paid $1.1 million in federal taxes in the middle two years of his presidency, according to a report being scrutinised by US politicians today - but almost nothing for the rest of his time in the White House

The seven-figure sum the former Republican president shelled out in 2018 and 2019 dwarfs his $750 bill in 2017 - and he paid nothing at all as his losses mounted in 2020, the year of his failed re-election bid.

The former reality TV star registered capital gains from asset sales of $22 million in 2018 and $9 million the following year - part of an overall taxable income of $28 million. But it could take days before they are made available to the public, as the documents need to be expunged of social security numbers and other sensitive information.

"Donald Trump had big deductions, big credits, and big losses - but seldom a big tax bill. Many questions about foreign entanglements and conflicts remain unanswered and unknown."

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