His refusal has Top Shetland Sheepdog Dear Santa I Can Explain Christmas Sweater Shirt made his tax returns among the most sought-after documents in recent memory. Times reporters have obtained decades of tax information the president has hidden from public view. Here are some of the key findings. Below is a deeper look at the takeaways. The main article based on the investigation contains much more information, as does a timeline of the president’s finances. Dean, the executive editor, has written a note explaining why The Times is publishing these findings. It is important to remember that the returns are not an unvarnished look at Mr. Trump’s business activity.
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They are instead his own portrayal of Top Shetland Sheepdog Dear Santa I Can Explain Christmas Sweater Shirts his companies, compiled for the I.R.S. But they do offer the most detailed picture yet available. Mr. Trump did face large tax bills after the initial success of “The Apprentice” television show, but he erased most of these tax payments through a refund. Combined, Mr. Trump initially paid almost $95 million in federal income taxes over the 18 years. He later managed to recoup most of that money, with interest, by applying for and receiving a $72.9 million tax refund, starting in 2010. The refund reduced his total federal income tax bill between 2000 and 2017 to an annual average of $1.4 million. By comparison, the average American in the top .001 percent of earners paid about $25 million in federal income taxes each year over the same span.