Key questions about the Trump tax revelations

Washington (AFP) – US President Donald Trump has cast himself as a billionaire but The New York Times reported he is deeply indebted and used accounting maneuvers to pay little or no federal taxes in recent years.The Times’ scoop, which it says is based on Trump’s long secret tax returns, reported that Trump paid only $750 in federal income tax in 2016 and 2017, and none at all for 10 of the previous 15 years.The report hands precious new ammunition to Trump’s November election rival Joe Biden, and provides insights into just how the New Yorker transformed into a globally known mogul:How did h…

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