What we’ve learned from Trump’s tax returns
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Thousands of pages of Donald Trump’s tax returns shed some light on his extensive business empire, both before and during his presidency, as well as his changing fortunes during his time in the Oval Office.
While Trump endured sizable financial losses in the two years before entering the White House, he had an adjusted gross income of $15.8 million during his first three years as president when he paid $1.1 million in federal income tax.
In his final year in office, 2020, he paid no income tax, according to his tax returns that were released Friday by the House Ways and Means Committee. Democrats spent years pursuing the financial documents that previous presidents and White House candidates voluntarily released.
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