Trump tax return reports 'may not be as explosive' as the president's critics think by Sky News Australia on YouTube
Trump tax return reports 'may not be as explosive' as the president's critics think
Reports in the New York Times that found President Donald Trump only paid $750 in income tax in 2016 and 2017, may not be the election bombshell Democrats are hoping for, according to Sky News contributor Cameron Stewart. The New York Times claim it has obtained the President Trump's tax returns for the last 15 years. In its report, the Times claim the president only paid $750 in tax 2016 and 2017 and didn't pay any at all for 10 of the past 15 years because he reported losing much more money than he made. President Trump has dismissed the report as fake news, however Democrats have accused the president of being "a tax cheat." Mr Stewart told Sky News it is unclear how the electorate will respond to the news President Trump paid less tax than the average American. "The New York Times has not released the actual documents," he said. "They say they have to protect their sources, understandable if that is true, but at the same time it does make a little bit less of an impact because they don't have the documents there. "Now the report doesn't suggest the president did anything illegal, and so, how will voters take this? "I assume most voters would think, 'of course Donald Trump would minimise tax,' I mean, Kerry Packer famously said if you pay more tax than you should you are a fool. "Or will people think that Trump is a dodgy character? "The next 48 hours, it'll be really interesting to see how this plays out."
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Reports in the New York Times that found President Donald Trump only paid $750 in income tax in 2016 and 2017, may not be the election bombshell Democrats are hoping for, according to Sky News contributor Cameron Stewart. The New York Times claim it has obtained the President Trump's tax returns for the last 15 years. In its report, the Times claim the president only paid $750 in tax 2016 and 2017 and didn't pay any at all for 10 of the past 15 years because he reported losing much more money than he made. President Trump has dismissed the report as fake news, however Democrats have accused the president of being "a tax cheat." Mr Stewart told Sky News it is unclear how the electorate will respond to the news President Trump paid less tax than the average American. "The New York Times has not released the actual documents," he said. "They say they have to protect their sources, understandable if that is true, but at the same time it does make a little bit less of an impact because they don't have the documents there. "Now the report doesn't suggest the president did anything illegal, and so, how will voters take this? "I assume most voters would think, 'of course Donald Trump would minimise tax,' I mean, Kerry Packer famously said if you pay more tax than you should you are a fool. "Or will people think that Trump is a dodgy character? "The next 48 hours, it'll be really interesting to see how this plays out."
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