Donald Trump may have legally avoided paying federal income tax for up to 18 years after reporting a massive $916 million loss on his 1995 New York State tax returns, The New York Times reported Saturday night, citing three pages of Trump's returns sent to a reporter anonymously in the mail. Trump's former accountant verified that the returns are legitimate, Trump's campaign did not deny the Times report, and the revelation was a big topic of conversation on the Sunday morning talk shows. Hillary Clinton's ad team took the afternoon to put together a new ad featuring some highlights from the Sunday shows and Trump's own speeches.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Today's political cartoons - April 6, 2025Cartoons Sunday's cartoons - public health cuts, Trump's international tariffs, and more
-
5 triple threat cartoons about Trump's third termCartoons Artists take on the 22nd Amendment, Barack Obama, and more
-
School disputes: a police matter?Talking Point Cowley Hill lodged a police complaint against parents who criticised its recruiting process for a new head
-
Markets notch worst quarter in years as new tariffs loomSpeed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panelsSpeed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of businessSpeed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
-
Trump's China tariffs start after Canada, Mexico pausesSpeed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
-
Chinese AI chatbot's rise slams US tech stocksSpeed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
-
US port strike averted with tentative labor dealSpeed Read The strike could have shut down major ports from Texas to Maine
-
Biden expected to block Japanese bid for US SteelSpeed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
-
Judges block $25B Kroger-Albertsons mergerSpeed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
