Late last month, President Trump announced a new tax plan that would radically reorder the entire American tax code. A skeleton outline of the plan was unveiled at the White House in a single-page statement.
Trump is the first presidential candidate nominee of any major party, and the first president in 40 years to not release his tax return. Trump first said that he was undergoing an audit and would release the returns once the audit was completed.
Revelations that U.S. Republican presidential candidate Donald Trump has paid no federal taxes for the past 18 years has set off a storm of controversy.