Report says Trump paid just $750 tax in 2017
US President Donald Trump paid only $750 in federal income tax for 2017, his first year in the White House, compared to $145,400 his businesses paid in taxes in India that year, The New York Times reported.
Trump dismissed claims in the bombshell report as “fake news”.
In 2017, his businesses also paid substantially more taxes in Panama ($15,598) and in the Philippines ($156,824), said The Times, which said it had accessed the president’s previously undisclosed tax information.
Trump paid $750 in 2016 as well, the year he ran for president and won. That was still way more than what he had paid the previous years. “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,” the report said.
He also got tax write-offs on business expenses such as meals and his aircraft, as well as on “the cost of haircuts,” including the more than $70,000 paid to style his hair during ‘The Apprentice’, a TV show he hosted, it said.
“Together, nine Trump entities have written off at least $95,464 paid to a favourite hair and makeup artist of Ivanka Trump,” the report added.
The Yogi Adityanath government on Monday appointed nodal agencies for organising exhibitions for industrialists belonging to the scheduled castes and schedule tribes (SC/ST) category and also for holding vendor development programmes and hone entrepreneurial skills.
“The state government has appointed Uttar Pradesh Trade Promotion Authority as the nodal agency for organising exhibitions for SC/ST industrialists,” said micro small and medium enterprises minister Sidharth Nath Singh.
“It will also organise workshops, seminars and provide technical assistance to SC/ST industrialists,” Singh said.
The government also appointed Uttar Pradesh Laghu Udyog Nigam as a nodal agency for organising vendor development programme for SC/ST industrialists, he added.
The state government has also appointed Institute of Entrepreneurship Development, Lucknow, and Uttar Pradesh Industrial Consultant Limited as nodal agencies to help develop entrepreneurship skills for SC/ST industrialists and to run training programmes for them.