The New York Times has published an explosive report claiming that current United States President Donald Trump did not pay the income taxes in 10 out of 15 years after 2000. According to the report, Trump had stated that he lost more than what he earned in all these years.

The report further adds that Trump paid just $750 as income tax in the year he became the president.

The New York Times studied the tax information from the past two decades and analysed the financial losses and the years during which business tycoon Trump avoided taxes.

However, President Trump was quick to react on the New York Times report as he denied all such claims at a White House briefing on Sunday.

“I pay a lot, and I pay a lot in state income taxes. We went through the same stories, you could have asked me the same questions four years ago, I had to litigate this and talk about it,” Trump said.

“Totally fake news, no. Actually I paid tax. And you’ll see that as soon as my tax returns – it’s under audit, they’ve been under audit for a long time. The [Internal Revenue Service] does not treat me well … they treat me very badly. You have people in the IRS – they treat me very badly,” he added.