Rachel maddow: trump tax returns

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Rachel maddow: trump tax returns

The White House said in a statement Tuesday that President Donald Trump had paid $38 million in taxes on income of more than $150 million for 2005, according to the show.

Notably, those documents indicate that Trump’s effective income tax rate was about 25 percent — much higher than former GOP presidential nominee Mitt Romney’s much-pilloried 14 percent.

Still, Trump would have paid much less for 2005 if not for the alternative minimum tax, which he has vowed to abolish.

 

Donald Trump’s 2005 tax return by CNBC.com on Scribd

Maddow said she believed this was the first time Trump’s federal tax returns had been obtained by the media. But soon after Maddow’s announcement that her show would be covering the returns, the White House pre-empted her with its own Trump tax revelation.

 

source: cnbcnytimesCNNabc