Trump paid more than $188,000 in taxes to China as he pursued business deals there in 2013-15 while paying next to nothing in the US, financial records show.
Originally Posted by matchingmole
That's $63,000 per year in taxes. The corporate tax rate is 25%, so that's maybe $250,000 profit per year, peanuts for a billionaire. And if I read the article right he's no longer generating income in China.
As to your other point, that Trump paid next to nothing in federal income taxes in the USA in certain years, he was very aggressive with his taxes, and that may come back to haunt him. Here's a Cliff Notes version of the most recent NYT reporting:
https://www.eccie.net/showpost.php?p...9&postcount=27