'Fake News': Trump Rejects Report That Says He Paid Just $750 in Income Taxes in 2016
U.S. President Donald Trump rallies with supporters during a campaign event at MBS International Airport, in Freeland, Michigan, U.S., September 10, 2020. REUTERS/Jonathan Ernst
In an oblique reference to the New York Times report that said he paid just $750 in federal income taxes in 2016, US President Donald Trump on Monday dismissed as fake news the allegations made by the publication.
FAKE NEWS!— Donald J. Trump (@realDonaldTrump) September 28, 2020
Earlier on Sunday, Trump had told journalists after the publication put out multiple allegations over his tax payments, "It's totally fake news, made up, fake."
The New York Times alleged the billionaire president paid just $750 federal income taxes in 2016 and 2017, and no federal income taxes at all in 10 of the previous 15 years because he reported losing more money than he made.
Trump, who immediately rejected the accusations as "fake news," is gearing up to come face to face with his Democratic opponent Joe Biden at a live debate on Tuesday.
The Republican leader has broken with presidential tradition by refusing to release his tax returns, fighting a long battle in the courts and triggering speculation about what they might contain.
"First of all, I paid a lot and I paid a lot of state income taxes too... It'll all be revealed," Trump said as he shrugged off the Times story that cited tax data extending more than 20 years.
(with inputs from AFP)