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Where Things Stand: Trump’s Meager Tax Bill

This is your TPM afternoon briefing.
President Donald Trump speaks during a news briefing in the James S. Brady Press Briefing Room at the White House on September 27, 2020. (Photo by Salwan Georges/The Washington Post via Getty Images)
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September 28, 2020 12:00 p.m.

The New York Times’ bombshell reporting on Sunday of President Trump’s tax avoidance was especially potent because its top-line takeaway was so easy to digest: Trump paid a mere $750 in federal income taxes in 2016 and 2017. Did you pay more — maybe even a lot more — than that? I know I did, and many Americans are in the same situation.

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