September 28, 2020/Media, Press

The Texas Democratic Party on Trump’s Tax Returns

Austin, Texas — In a bombshell report from the New York Times, Donald Trump only paid $750 in income taxes in 2016 and 2017. In addition, the report reveals how deep Donald Trump was in debt, currently owing $421 million to primarily foreign countries.

ICYMI: New York Times: Long-concealed Records Show Trump’s Chronic Losses and Tax-Avoidance

Texas Democratic Party Chair Gilberto Hinojosa issued the following statement:

“Donald Trump is a broke, lying cheater. He is completely in over his head. From his presidency to his businesses, Trump has failed at everything he has done. Now, his failure has cost more than 200,000 American lives.

“Trump is $421 million in debt to primarily foreign countries. He is a national security threat who can be extorted by hostile foreign powers — and who is to say this hasn’t happened already?

“Not only that, Trump only paid $750 in federal income taxes in 2016, and nothing in 10 of the prior 15 years. He cheated our tax system to not end up in jail or pay his fair share. Almost every American—including essential workers, nurses, teachers, students, undocmented immigrants, and veterans—paid more in taxes than Donald Trump.

“If that wasn’t the final slap in the face to American taxpayers, Trump billed us millions for trips to his own resorts while in office. He wrote off a $70,000 deduction to get his hair done for the Apprentice.

“Donald Trump is a crook and the American people are paying for it. The IRS must fully investigate Trump and his family for corruption—and make their findings public.”

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