Headline of the Day

Contrary to the false impression in the New York Times story, Donald Trump did not avoid taxes. He prepaid them.

In 2016 and 2017, he requested and got an extension to file his returns. As required, he made an estimated tax payment of $1 million in 2016 and $4.2 million in 2017.

Then, it turned out that he did not owe that much in taxes, but rather than demand the money back, he let the IRS keep it and apply it to any future tax he owed.

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