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CNN Anderson Cooper 360 June 4, 2024 01:35:00

that zero dollars. they say they believe this could signal actual business failures. some of this is strategic accounting. they carry over the losses intentionally to offset their income. that zero dollars is something that might indicate actual problems with his businesses. the other big takeaway that i saw was, tax experts raising questions about claims that trump had on his businesses. in one case in particular, in 2017, he said that his djt company that operates his helicopter, income was $42,965. that is a very specific number. well, he claimed the exact same amount in expenses. meaning the net was zero and there were no taxes on it. so questions there as to how that would work. one expert saying that was statistically impossible to have those numbers line up like that. yeah. a very, very specific number. one of points of concern was that he might be receiving

CNN CNN Newsroom With Fredricka Whitfield June 4, 2024 18:30:00

democratic-led house ways and means committee released six years worth of former president trump s tax returns. the returns spanning from 2015 through his last year in office, 2020. the research that was done as it relates to the mandatory audit program was nonexistent. the tax forms were really never audited. reporter: previous reporting from the joint committee on taxation revealed shockingly low tax amounts paid by the former president. including paying only $750 in 2017. and in 2018 and 2019, paying a combined $1.1 million. and paying no income tax in 2020, his final year in office. trump offseting his income by claiming millions of dollars in losses raising questions about the former president s business

CNN Erin Burnett OutFront June 4, 2024 00:19:00

$750 in 2017 and in 2018 and 19, paying a combined $1.1 million. paying no income tax in 2020, his final year in office. trump offsetting his income by claiming millions of dollars in losses. raising questions about the former president s business failures. i have been successful in every business i have been in. reporter: while trump paid less than $1,000 in u.s. income tax in 2017, the former president s tax bill totaled nearly a million dollars in foreign taxes the same year, indicating notable business dealings in more than a dozen countries, includings e ing tu china, israel and brazil, shedding light on where trump s business interests were while he was in the white house. it showed trump maintains foreign bank accounts while in the white house, including in china. some of trump s businessspend

CNN CNN This Morning Weekend June 4, 2024 11:31:00

the tax forms were never really audited. reporter: previous performance revealed shockingly low tax amounts paid by the former president including paying only $750 in 2017 and in 2018 and 2019 baying a combined $1.1 million and paying no income tax in 2020, his final year in office. trump offseth his income by claiming millions of dollars in losses raising questions about the former president s business failures. i ve been successful in every business i ve been in. reporter: while he paid less than a thousand in 2017, his foreign tax bill was far more, indicating notable business dealings in dozens of other countries including israel, turkey, and brazil, shedding light on where trump s business interests were while he was in the white house. he also maintained foreign bank

CNN CNN This Morning Weekend June 4, 2024 13:33:00

tax amounts paid by the former president. including paying only $750 in 2017. and in 2018 and 2019, paying a combined $1.1 million. and pay no income tax in 2020, his final year in office. trump offset his income by claiming millions of dollars in losses raising questions about the former president s business failures. i ve been successful in every business i ve been in. reporter: while trump paid less than $1,000 in u.s. income tax in 2017, the former president s tax bill totaled nearly $1 million in foreign taxes the same year. indicating notable business dealings in more than a dozen country including azerbaijan, turkey, israel and brazil. shedding light on where trump s business interests were, while he was in the white house. the return also showed trump maintained foreign bank accounts while serving in the white house including in china. some of trump s business

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