On Friday, The New York Times reported that former President Donald Trump's tax returns suggest he was on the hook for over $8 million extra in taxes — thanks to a provision from his own Tax Cuts and Jobs Act of 2017.
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Agents of Behemoth
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Scoop.it!
President Trump paid no income tax in 11 of the 18 years from 2000 to 1018, The New York Times reported late Sunday, citing copies of tax records it had legally obtained from unidentified sources, but he did pay $750 in both 2016 and 2017. 
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Donald Trump paid no federal income taxes whatsoever in 10 out of 15 years beginning in 2000 because he reported losing significantly more than he made, according to an explosive report released Sunday by the New York Times.
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Have you heard of Robert Brockman? He’s a billionaire. Brockman is the former CEO of Reynolds & Reynolds, a software company based in Ohio. He’s also the focus of an investigation into a $2 billion tax fraud scheme.
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We can’t know for sure what Trump might be hiding, but if anyone is in a position to offer an informed theory, it’s David Cay Johnston. Johnston won a Pulitzer Prize working the tax beat for the New York Times and authored the seminal book, Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super-Rich–and Cheat Everybody Else.
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