Herman Yung Herman Yung

The New York Times has obtained over 2 decades of Donald Trump's tax returns

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Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.

He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.

As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million.

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Understanding Donald Trump and Hillary Clinton's Tax Plans

John Green of vlogbrothers posted this video recently that dissects Clinton and Trump's separate tax plans for the nation. He breaks down what they would mean for the country and for individuals in the short and long-term -- something that is often only discussed singularly when in reality both should be considered.

It is safe to say from this video that no candidate should be taken at their word on how a tax plan will save you money. It's just much more complicated than that.

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