By RACHEL JOHNSONThe New York TimesThe Washington PostThe Wall Street JournalWASHINGTON, Feb. 20 (Reuters) – Donald Trump has never been rich and never will be, his tax return released on Friday shows.
The presidential hopeful has paid $2.3 million in federal taxes for five years and reported a federal income tax rate of 28 percent.
The tax filing, released by the White House, shows Trump earned $916.8 million in the last fiscal year, a rate of 30 percent higher than his previous returns.
That makes Trump the most indebted person in the United States.
The billionaire’s tax returns also show that he paid $8.8 billion in federal income taxes in 2016, a total of $17.3 billion.
The IRS has not released any tax returns from prior years for Trump, although he has previously paid taxes.
He has denied making millions of federal dollars disappear, and said in his book “The Art of the Deal” that he made more money than anyone in history.
He said he made $8 billion.
In 2016, he reported a net worth of $916 million.
(Reporting by Jessica Estep; Editing by Bill Trott)