On Monday, the US Supreme Court denied former president Donald Trump’s bid to block Manhattan District Attorney Cyrus Vance from enforcing a subpoena for his tax returns. Trump had previously attempted to shield a grand jury from reviewing his tax records.
This decision paved the way for a New York City prosecutor to obtain Donald Trump’s tax returns and other financial records as part of a criminal investigation, a blow to his quest to conceal details of his finances.
According to an investigation conducted by the New York Times, President Trump “paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.”
The Times obtained Trump’s tax information and reported that he paid $750 in federal income taxes in 2016 – the year that he won the presidency – and another $750 during his first year in office. The report also revealed that he “had paid no income taxes at all in 10 of the previous 15 years.” The president continued to dismiss the report on Monday and accused the Times of “illegally” acquiring the records.
