Newscast
Sir Ed Davey
Sep 28, 2020
Lib Dem leader Sir Ed Davey discusses being 'the voice of carers', new regulations in northeast England, and Trump's tax tactics with Adam and Chris. They delve into caregiving challenges, Trump's financial puzzles, and the impact on the upcoming election debate
32:49
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Quick takeaways
- President Trump paid only $750 in income tax, raising questions about his tax practices and impacting public perception.
- The upcoming presidential debate poses a challenge for Joe Biden to dispel unfit characterizations and handle Trump's aggressive approach.
Deep dives
President Trump's Tax Records Revealed by The New York Times
The New York Times revealed that President Trump paid only $750 in income tax in the years 2016 and 2017. Trump reportedly paid no income tax for 10 of the previous 15 years by reporting significant business losses. The disclosures suggest that Trump's businesses, primarily marketing the Trump name, were profitable, while others like resorts and golf courses incurred substantial losses. Trump's handling of personal expenses, such as hair care, and consulting fees raised questions about his tax practices.
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