TSR Politics: White House Says Donald Trump Paid $38M In Taxes In 2005

TSR Politics: White House Says Donald Trump Paid $38M In Taxes In 2005

Donald Trump’s tax returns are in… well, the ones from 2005 at least! MSNBC’s Rachel Maddow tweeted that she obtained Trump’s 2005 1040 tax form.

Apparently, the tax returns were anonymously sent to investigative journalist David Cay Johnston and were set to air on Maddow’s show later this evening.

Well, the move forced the White House to release a statement revealing that Trump paid $38 million in taxes after receiving an $150 million income.

Word on the street is White House officials are pissed that their hands were forced as a spokesperson says the tax returns were “illegally published.”

via 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. 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.”

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