NYT claims tycoon Trump paid just $750 in taxes

Donald Trump may have been a real estate tycoon before becoming the US president, but guess how much he paid in taxes? The New York Times has reported that Trump paid just $750 in federal income tax both in 2016, the year he ran for the US presidency, and in his first year in the White House. The newspaper, which says it obtained tax records for Trump and his companies over two decades, has also claimed that he paid no income taxes at all in 10 of the last 15 years. The records reveal "chronic losses and years of tax avoidance", the NYT report said. Trump has dismissed the report as "fake news".