Trump Has Donated $1.4 M To Federal Government Since Taking Office

President Trump has donated a total of 1.4 Million dollars to the Federal government since taking office.


Being president has indeed been costly for Trump, who again is not taking a salary to execute the office. Trump has, each quarter as president dating back to early 2017, donated $100,000—for a total of $400,000 annually—to a different agency in government.

In sum, President Trump has already donated more than a million dollars—$1.4 million to be precise—to the federal government. At the end of this year, the president will hit $1.6 million in salary donations to the federal government and, assuming he gets a second term ,he will have donated by the end of it a total of $3.2 million back to the federal government.

On top of this fact President Trump has lost a ton of money since he is fighting for our country:


President Donald Trump said in October 2019 that being president is costing him money. Lots of it.

“Whether I lost $2 billion, $5 billion or less, it doesn’t make any difference,” Trump said. “I don’t care. I’m doing this for the country. I’m doing it for the people.”
Well, he definitely cares. And now we know — thanks to the new Forbes 400 list released Tuesday — how much less rich Trump is today than when he ran for and won the presidency in 2016.

In 2016, Trump was worth $3.7 billion, according to Forbes. That dropped to $3.1 billion in 2017 and held there for 2018 and 2019. But this year Trump’s net worth dropped to $2.5 billion. That $600 million decline led Trump to drop from the 275th richest person in America in 2019 to the 352nd richest in 2020 — a drop of 77 spots. (It took a net worth of $2.1 billion to make the top 400.)

Why the dip in Trump’s fortune? The coronavirus pandemic. “The value of office buildings, hotels and resorts have taken a hit amid the pandemic,” reads the Forbes release on Trump’s wealth.

Of course, that hasn’t stopped the MSM from attacking him with a phony tax story:

President Trump took to Twitter to dump cold water on a New York Times report claiming that he only paid $750 in taxes in 2016 and 2017.

Trump also blasted this while talking to the press:

The New York Times released an article attempting to expose President Trump for supposed issues with his taxes. However, it actually ended up exonerating him in the left-wing conspiracy regarding him being owned by Russia.

The National Pulse:

The article also admits “the filings will leave many questions unanswered, many questioners unfulfilled,” and also kills off the idea that President Trump’s finances were somehow linked to Russia. The piece reads: “Nor do [the tax returns] reveal any previously unreported connections to Russia.”

Evidence supports President Trump’s claims:

Twitter user Alexandriabrown pointed out a part of the New York Times report that seemingly no one else saw. Alexandriabrown pointed out that the New York Times seemingly admitted that President Trump actually paid $1 million in 2016 and $4.2 million in 2017 in taxes.

The Gateway Pundit:

“Trump PAID, as in transferred to the US Treasury, $1 million in 2016 and $4.2 million in 2017. Note also that most of the overpayment was rolled forward, not refunded. The $750 figure is an ADDITIONAL $750. Thus every single story saying he paid $750 is a lie.“

The Palmieri Report is a Pro-America News Outlet founded by Jacob Palmieri two years ago at the age of 19. Since its founding, it has gotten over 2M pages views and over 20k followers. The Palmieri Report is dedicated to giving people the truth so that they can form their own informed political opinions.

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