The top-ranked Democrat in Washington has called US President
Donald Trump's alleged tax avoidance a question of "national
security"
Us
elections 2020: The top-ranked Democrat in Washington has
called US President Donald Trump's alleged tax avoidance a question of
"national security".
Nancy Pelosi,
Speaker of the House of Representatives, asked whether Trump owed money to
foreign interests, following an article on his financial records by the New
York Times.
It alleges Trump
paid only $750 in federal income tax in both 2016 and 2017. The President
called the report "fake news", the BBC reported on Monday.
Speaking on NBC, Nancy
Pelosi said the report showed that "this president appears to have
over $400 million in debt".
"To whom?
Different countries? What is the leverage they have?" she asked, adding:
"So for me, this is a national security question."
"The fact
that you could have a sitting president who owes hundreds of millions of
dollars that he's personally guaranteed to lenders, and we don't know who these
lenders are," she said, and suggested that Trump may be indebted to
Russian President Vladimir Putin.
"What does
Putin have on the president politically? Personally? Financially?"
According to the
explosive report in the New York Times - which says it obtained tax records for
Trump and his companies over two decades -- Trump paid no income taxes at all
in 10 of the previous 15 years. It adds that the president is personally
responsible for more than $300m in loans, which will come due in the next four
years.
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