Trump’s Tax Returns Finally Revealed, Showing Tax Evasion and Massive Debt

President Trump’s taxes show he paid only $750 in federal income tax in 2016 and no income tax at all in 11 out of 18 years, according to a bombshell report released by The New York Times. Trump has spent years attempting to hide his tax returns, which also reveal he is not as successful a businessman as he has led many to believe, according to the Associated Press.

The New York Times also plans to publish more stories in the next few weeks based on tax documents they have received. The report shows Trump has not paid any income taxes in about a decade of the years they reviewed, mostly because he reported significant losses.

He is also facing a decade-long IRS audit over a $72.9 million tax refund he received, which could wind up costing him more than $100 million. He also made a windfall from “The Apprentice” and spent a whopping $70,000 on hairstyling during the television show — more than the average U.S. salary. Trump, as expected, blasted the report on Twitter.

“Also, if you look at the extraordinary assets owned by me, which the Fake News hasn’t, I am extremely under leveraged — I have very little debt compared to the value of assets,” he tweeted, according to NBC News.

Trump has claimed $315 million in losses over the past 20 years on his golf courses as well. It also appears he is responsible for $421 million in loans, most of which are set to be due within the next four years.