Angry response from White House as Donald Trump tax returns leaked
The White House has responded angrily after Donald Trump's tax returns were leaked, showing the President earned £123million in 2005.
According to the documents, the billionaire paid £31 million in income taxes on the earnings.
They show the President paid a rate that was effectively just under 25 per cent thanks to a tax he has since sought to abolish.
The pages from Mr Trump's federal tax return show the then-real estate mogul also reported a business loss of 85 million in 2005, although the documents do not provide details.
The forms show Mr Trump paid an effective tax rate of 24.5 per cent, a figure well above the roughly 10 per cent the average American taxpayer hands over each year.
© Provided by Independent Print Limited But it is below the 27.4 per cent that taxpay...
