Bloomberg: Trump’s reported $750 federal income tax bill is smaller than the average payment by an American household making $20,000 a year

The data — drawn from the IRS — shows Trump’s tax payment is less compared to households earning between $20,000 and $25,000 each year. Around 9 million people filed tax returns in that group, said Matthew Gardner, a senior fellow at the Institute of Taxation and Economic Policy, a progressive think tank. Read more

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