Updated at 8:40 p.m. ET
A New York Times investigation published on Sunday said that President Trump paid just $750 in federal income taxes each year in 2016 and 2017, which the president denied at a news conference using a familiar retort: "fake news."
The Times cites Trump's long-sought-after tax returns, further reporting that he paid no income taxes at all in 10 of the previous 15 years as Trump reported massive losses to his businesses.