President Donald Trump paid extremely little income tax in recent years as heavy losses from his business enterprises offset hundreds of millions of dollars in income, the New York Times reported on Sunday, citing tax-return data.

The report stated that Trump, who is seeking re-election in November, paid just US$750 (RM3,100) in federal income taxes in both 2016 and 2017, and paid no income taxes in 10 of the last 15 years, despite receiving US$427.4 million (RM1.7 billion) through 2018 from his reality television program and other endorsement and licensing deals...