Trump's Tax Returns Explained: How Will they Impact the Election? - TLDR News

The New York Times report reveals Trump's tax returns, showing he paid little federal tax and is in poor financial health. Despite earning significant revenue, Trump used past losses and tax strategies to avoid taxes. His financial situation, including substantial debts, raises concerns about his business acumen and potential election implications. The report suggests Trump's presidency has financially benefited him, but his tax practices remain under IRS audit.

What were some of the theories speculated about Trump's reasons for hiding his tax returns?

What specific tax payments did Trump make in foreign countries compared to the US?

What was the total amount of debt Trump was reported to be liable for?

What did Trump claim about his tax payments during the 2016 election?