Key Points
- House Democrats on Friday released six years of former President Donald J. Trump’s tax records, making the closely guarded documents public after years of legal battles and speculation about Mr. Trump’s wealth and his financial entanglements.
- The data released last week showed that during the first three years of his presidency, Mr. Trump paid $1.1 million in federal income taxes but paid no tax in 2020 as his income dwindled and losses mounted. During his first year as president, Mr. Trump paid $750 in federal income tax and reported $12.9 million in losses.
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