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2012 Trump Tweet Complaining About the Federal Tax Rate That Obama Paid Just Came Back to Haunt Him

MANDEL NGAN/AFP via Getty Images

Calls for President Donald Trump to release his tax returns have only grown since the 2016 campaign, when he became the first presidential candidate of a major party since the 1970s not to publicly disclose his financial documents.

Trump said on the 2016 campaign trail that he would release the documents if elected. Then he claimed he couldn't release them because he was under audit.

Now, a bombshell report from the New York Times summarizes two decades of the President's taxes, and it's pretty clear to critics why Trump went to such an effort conceal them.

The report reads:

As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million.

Among the more damning revelations from the report was that Trump—who claims to be a billionaire—paid only $750 in taxes in the years 2016 and 2017. For 10 of the last 15 years, he paid nothing at all.

Given the President's penchant for Twitter, it didn't take long for denizens of the internet to dig up a tweet criticizing former President Barack Obama for paying too little in taxes.

The President slammed Obama for allegedly only paying 20.5% of his $790 thousand salary, which Trump tried to use as an example of hypocrisy.

That wasn't the only one.



The tweets are coming back to haunt him now.





The latest example of hypocrisy from the President more firmly established the mantra that "there's always a tweet" in which Trump completely contradicts himself or the stances he holds.



The Times has said it will be printing more stories regarding Trump's financial records in the coming weeks.