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Trump’s taxes serve as Exhibit A in the argument that the IRS urgently needs to be upgraded.

Former President Donald Trump’s tax returns were released last week by the House Ways and Means Committee. The IRS utterly failed at auditing Trump, both before and after he became president. Trump tax returns show that the IRS is no match for a taxpayer with complicated financial affairs, he says. Newly released tax returns show President Trump claiming millions of dollars in losses from his businesses. Trump claimed between $7 million and $17 million of losses each year between 2015 and 2020. Trump carried $105 million of these losses into 2015 and used them through 2018 to reduce his tax burden.