Rachel Maddow is a liberal hero. Since the election of Donald Trump (and before), she has been dogged in her pursuit of all things corrupt about the current White House occupant. One of the most controversial things about Trump, though, has been his refusal to release his tax returns — something that every major presidential candidate since Richard Nixon (good company there, Trump) has done.
On Tuesday, though, Maddow released one year of Trump’s tax returns. It was from 12 years ago, so if you’re looking for Russian connections, they may or may not be there. However, the White House, in a scramble to get ahead of the story, already reacted. They released Trump’s income and the amount of taxes he paid. Strange how they were able to come up with that so quickly.
The White House says President Donald Trump made more than $150 million in income in 2005 and paid $38 million in income taxes that year.
The acknowledgement comes as MSNBC host Rachel Maddow says she has obtained part of Trump’s 2005 tax forms.
The White House is pushing back pre-emptively, saying that publishing those returns would be illegal.
It says, “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 adds that it is “totally illegal to steal and publish tax returns” and is bashing the “dishonest media.”
Trump refused to release his tax returns during the campaign, claiming he was under audit.
Source: The Associated Press
Trump has consistently said he couldn’t release his tax returns because they are under audit, which hasn’t been verified and even if he is, he could still release them.
As for the amount of taxes Trump paid, that should be criminal. Trump’s tax rate was just a hair over 25 percent that year. The average tax rate for someone in his bracket is about 33 percent. The average American pays about 21 percent — just four percent less than what Trump paid.
As for the rest of Trump’s tax returns, let’s hope Maddow will receive those as well.