Trump: "Believe me, when I'm president you'll be just like me and pay no taxes."

State records show that Trump claimed that his combined income in 1978 and 1979 was negative $3.8 million, allowing him to pay no taxes. A few years earlier, he had told the New York Times he was worth more than $200 million.Tax analysts say it is possible that Trump pays very low income taxes, or no taxes at all, using tactics available to wealthy investors and developers, such as depreciating the value of real estate.

This comes as Trump, now the presumptive GOP presidential nominee, refuses to release his more recent tax returns because he claims he can't while he's under federal audit. He also said last week that his tax rate is "none of your business."

He also told "Face the Nation" last year that, "I pay as little as possible" in taxes.
 

Last edited by DollyLongstaff (5/22/2016 8:18 pm)