White House: Trump Paid $38m In Taxes In 2005
- Author: Leroy Wright Mar 15, 2017,
Mar 15, 2017, 22:43
Maddow, in the opening of her 9 p.m. show, said portions of Trump's returns for that year were "leaked," and that she'll go over those in detail tonight. Maddow argued that until the tax returns were released Americans would never know if Trump was "beholden" to these or other foreign interests.
On her Tuesday show, Rachel Maddow teased a scoop: She had Donald Trump's 2005 tax returns.
Hundreds of thousands of people have signed a petition demanding that the President immediately release his full tax returns, "with all information needed to verify emoluments clause compliance".
The two-page tax return, called Form 1040 (similar to Form 16 in India), was obtained by David Cay Johnston, a Pulitzer Prize-winning journalist, and he reported it first on MSNBC's "The Rachel Maddow Show".
Late a year ago, The New York Times got their hands on a copy of Trump's tax returns from the 1990s.
"Dems should return focus to Trumpcare tomorrow & the millions it will leave uninsured, not get distracted by two pages from '05 tax return", Fallon tweeted. Johnston insinuated that Trump himself might have leaked them. But, according to the paperwork, Trump paid an additional $31 million in the "alternative minimum tax", a tax that Trump has previously said he wants to eliminate.
"It's entirely possible that Donald sent this to me", Johnston told Maddow.
Trump has steadfastly refused to release his tax returns.
It said this could have affected his returns for up to 18 years, allowing him to legally avoid paying federal income taxes. Democrats, some fellow Republicans and more than a million petitioners demanded to see the documents, which presidents from the previous four decades had released during their campaigns.
The White House statement concluded that he did nothing wrong, but scolded MSNBC for obtaining his forms and making them public.
It added, "Before being elected president, Mr. Trump was one of the most successful businessmen in the world".