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Transcripts For CNNW CNN Newsroom With Poppy Harlow And Jim Sciutto 20200928

Report reveals decades of his tax documents. The headline years of massive losses and tax avoidance, and remember, this is a president who ran for the highest office in the nation on his reputation and his record as a businessman, and these records show otherwise. Here are the takeaways. In ten out of 15 years, leading up to his run for office, the president reportedly paid no federal income tax in 2000, none. In both the year he won the presidency and first year in the white house, trump paid just 750, a tiny fraction of what the average american pays in federal taxes and in what could potentially create a massive conflict of interest for the president , the due date is reportedly coming up for hundreds of millions of dollars in loans, loans taken out by the president , that he personally guaranteed. The president is denying this report, although you may remember the 2016 debates, he proudly says it makes him smarter that he doesnt pay many taxes. All this is happening as we close in ....

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