Donald Trump paid no income tax during his last year as president, according to his tax returns, which were released to a congressional committee and are set to be made public within a few days.
Despite pulling in nearly $11 million in interest from investments in addition to his nearly $400,000 salary, Trump did not pay income taxes because he also reported a $16 million loss from his real estate businesses. That loss put the former president almost $5 million in the red for 2020.
