$70000 on hairstyling – Donald Trump's taxes in numbers

Last modified on Mon 28 Sep 2020 12.57 BSTThe shocking claim that Donald Trump paid only $750 in federal taxes has dominated headlines after a New York Times report into his financial affairs, but it is far from the only surprising sum exposed by the documents. Here are some of the key figures:$750Federal tax Trump paid in 2016, when he won the presidency.$750Federal tax Trump paid the following year. ZeroFederal tax paid by Trump in 10 of the previous 15 years, including 2014 and 2015.$100,000 a yearBy comparison, the kind of figure regularly paid in federal taxes by Trump’s predecessors, Barack Obama and George W Bush$70,000Paid to style Trump’s hair for television, claimed as expenses.$95,464The total sum nine of Trump’s companies have paid as expenses to style Ivanka Trump’s hair.$210,000The amount written off as expenses to hire a photographer taking photographs at the Mar-a-Lago club.$26m“Consulting fees” charged as a business expense between 2010 and 2018, at least some of which appears to have been directed to a company co-owned by Ivanka Trump.$434mWhat Trump declared his earnings to be in the 2018 presidential public annual financial disclosure.$47.4m in lossesWhat he had declared to the Internal Revenue Service (IRS) for tax purposes over the same period.$421mOutstanding loans that Trump owes, most of which becomes due within the next four years.$73mRevenue generated from outside the US, presenting a potential conflict of interest with US foreign policy.$13mEarned in one licensing deal for Trump Towers in Istanbul, including $1m since he became president.$72.9mThe tax refund Trump claimed and was awarded, which is now the subject of a decade-long audit battle with the IRS. It covered all the federal tax he had paid between 2005 and 2008.$1.4mThe annual average amount of federal tax paid by Trump between 2000 and 2017. It compares with the $25m in federal income taxes the average American with similar declared earnings could expect to pay.$100mThe amount Trump could now have to pay back to the IRS, including penalties, if it finds against him in the audit.$315mThe sum reported “lost” by Trump’s golf courses since 2000.‘Tens of millions of dollars’What Alan Garten, a lawyer for the Trump Organization, claims the president has paid in personal taxes since 2015.