Donald Trump insisted in response to a question during a 2020 presidential debate with Joe Biden that he closed down his bank account in China before his first campaign.
“Generally, you only have bank accounts in a foreign country if you are doing transactions in that country’s currency.
Trump had bank accounts in China while he was in office until 2018.
Generally, you only have bank accounts in a foreign country if you are doing transactions in that country’s currency.
Recent reporting, citing the president's tax information, indicates Trump paid $750 each of those years. pic.twitter.com/nhBBvqmAYi — PBS NewsHour (@NewsHour) September 30, 2020.
In addition, Trump did not annually donate his $400,000 presidential salary to charity, as he has claimed.
Trump paid $642,000 in federal income tax in 2015, $750 in 2016 and in 2017, just under $1 million in 2018, $133,000 in 2019 and nothing in 2020. »