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Donald Trump: I fight like hell to pay as little tax as possible

US presidential hopeful Donald Trump addresses the press at the Beverly Wilshire Hotel in Beverly Hills, California, on July 10, 2015. (AFP photo)

US presidential candidate and multi-billionaire Donald Trump has revealed that he pays as little in taxes as possible.

"I fight like hell to pay as little as possible for two reasons. Number one, I'm a businessman. And that's the way you're supposed to do it," Trump said Sunday in an interview with CBS' "Face the Nation."

"The other reason is that I hate the way our government spends our taxes. I hate the way they waste our money. Trillions and trillions of dollars of waste and abuse. And I hate it,” Trump said.

The real estate magnate and television personality has not disclosed his tax returns yet, but said he has "no major problem" with doing it.

Trump said, however, he would tie the disclosure of his tax returns to a release of Democratic candidate Hillary Clinton's emails from her time as secretary of state from 2009 to 2013.

The US State Department is currently reviewing and preparing to release more than 55,000 pages of emails Clinton sent and received during her tenure in the Obama administration. She used a private email account to conduct government business.

On June 16, Trump formally announced his candidacy for the US president in the 2016 election, seeking the nomination of the Republican Party.

In June 2015, Business Insider published a financial report which estimates Trump’s net worth at $8.7 billion, including $3.3 billion in licensing deals and brand developments.

Trump currently leads the 17 Republican candidates vying to represent their party in the November 2016 presidential election.

Recent polls show Trump sustaining his lead among Republicans, including former Florida governor Jeb Bush and Wisconsin Governor Scott Walker much to the surprise of political analysts and the dismay of established Republican leaders.


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