What Trump’s tax returns reveal
The Briefing1 Okt 2020

What Trump’s tax returns reveal

Donald Trump reportedly claimed $US70,000 in haircuts as part of millions in business expenses that have helped reduce his federal tax bill to just a few hundred dollars. An investigation by the New York Times exposed two decades of the Presidents tax returns, revealing he paid just $750 US in both 2016 and 2017, and paid no income tax in 10 of the past 15 years.

Trump's critics hope the leaked taxed returns will hurt the President’s chances when Americans go to the polls next months. It’s already come up as an issue in the first debate, but will it have any impact at the ballot box? We’re joined by Dr David Smith, Senior Lecturer in American Politics at the University of Sydney to find out why Trumps taxes are a big deal.

In today's news headlines:

  • Trans-Tasman bubble inching closer
  • Aged care royal commission: federal government’s Covid-19 response was “insufficient”
  • Google to pay $1.4 billion after local news stoush

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