What you could’ve bought for Trump’s $750 tax payment

LEVEL Editors
LEVEL
Published in
Sent as a

Newsletter

8 min readSep 29, 2020

--

Welcome to Minority Report, a weekly newsletter from the LEVEL team that packs an entire week into a single email. From the president’s funny money to the week in racism, from pop-culture picks to a must-read LEVEL story, it’s everything you need and nothing you don’t. If you’re loving what you’re reading, tell a friend to tell a friend.

Update 6/7/22: Level has a new home. You can read this article and other new articles by visiting LEVELMAN.com.

Donald Trump’s tax returns have been a topic of debate, consternation, and mystery for the past half decade. While it’s customary for presidential candidates to show what they’ve paid to Uncle Sam in past years, Trump has not done so, making it one of the many unenforceable traditions with which he simply refuses to comply. This weekend, the public finally got a glimpse into his returns, and it seems The Donald is a broke boi.

Okay, either that or he’s evading his taxes. Or both are true. Whatever; we’re not accountants. The New York Times got a hold of Donald Trump’s tax returns and they reveal some pretty shocking (read: not at all shocking) details about the former WrestleMania 24 co-host’s finances. Here are the big-ticket items:

  • In 10 of the last 15 years, Donald Trump has paid exactly zero dollars in taxes.
  • Donald Trump is hundreds of millions of dollars in personal debt and could face a very hefty judgement from the IRS regarding a $73 million refund when his job as…

--

--