And the hits just keep on coming! When will the media learn they’re not dealing with an amateur?
The White House published what they claim is Donald Trump’s 2005 tax information 25 minutes before Rachel Maddow aired it on her show Tuesday night.
BREAKING: We've got Trump tax returns. Tonight, 9pm ET. MSNBC.
— Rachel Maddow MSNBC (@maddow) March 14, 2017
Speaking on background, a White House official said, “You know you are desperate for ratings when you are willing to violate the law to push a story about two pages of tax returns from over a decade ago.”
The White House said in a Tuesday statement that President Donald Trump had paid $38 million in taxes on income of more than $150 million.
That revelation came in response to Pulitzer-prize winning investigative reporter David Cay Johnston reportedly obtaining a copy of Trump’s 2005 federal tax returns, and exclusively sharing those findings Tuesday evening with MSNBC’s Rachel Maddow.
Maddow’s show echoed the White House statement, saying that Trump had paid $38 million in taxes that year, and that he had taken a large write down of $103 million. In total, Trump made more than $150 million in income that year, 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. –CNBC
“Before being elected President, Mr. Trump was one of the most successful businessmen in the world with a responsibility to his company, his family and his employees to pay no more tax than legally required,” the official continued. “That being said, Mr. Trump paid $38 million dollars even after taking into account large scale depreciation for construction, on an income of more than $150 million dollars, as well as paying tens of millions of dollars in other taxes such as sales and excise taxes and employment taxes and this illegally published return proves just that.”
“Despite this substantial income figure and tax paid, it is totally illegal to steal and publish tax returns. The dishonest media can continue to make this part of their agenda, while the President will focus on his, which includes tax reform that will benefit all Americans.” –Daily Caller