This file photo taken on Feb. 15, 2017 shows US President Donald Trump during a meeting with retail industry leaders in the Roosevelt Room of the White House in Washington, DC. / AFP / SAUL LOEB
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The White House acknowledged late Tuesday that Donald Trump paid $38 million in taxes in 2005, a rare view into the president's jealously guarded finances that was leaked to the U.S. media.Trump reported an income of $150 million, and paid an overall tax rate of around 25 percent. Trump also wrote off more than $100 million in business losses to reduce his tax burden, the document shows.The two-page snapshot was broadly favorable to the White House and appeared to back up Trump's claim that he paid his fair share of taxes, and no more.A recent Langer Research poll showed that almost three-quarters of Americans believe Trump should release his tax returns.In October, before Trump was elected, The New York Times published three pages of Trump's leaked 1995 tax returns. Those returns showed a $916 million deduction that, according to IRS rules, could have resulted in Trump legally paying no taxes for up to 18 years.
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