Though it most certainly wasn’t her intention, MSNBC’s Rachel Maddow gave President Donald Trump’s 2020 reelection bid a big boost Tuesday evening with her big reveal that … Trump paid a lot of money in taxes in 2005.
According to CNBC, Maddow obtained two pages of Trump’s 2005 tax return from Pulitzer Prize-winning journalist David Cay Johnston which showed that Trump had paid roughly $38 million in taxes on $150 million in income that year, an effective rate of around 25 percent.
Even though the information wasn’t negative, Trump lashed out at the story via social media — and lashed out hard.
Despite the tax return seemingly undercutting the left’s conspiracy theory that Trump hasn’t paid taxes in decades, many leftists simply shifted the goal posts and started the new conspiracy theory that Trump leaked the tax return himself, sending them directly to Johnston in the U.S. mail, in order to distract from other bad news — otherwise, the tax returns would have been obtained illegally.
Trump wasn’t letting that go. Early Wednesday morning, the president took to Twitter, posting, “Does anybody really believe that a reporter, who nobody ever heard of, ‘went to his mailbox’ and found my tax returns?
@NBCNews FAKE NEWS!”
Does anybody really believe that a reporter, who nobody ever heard of, “went to his mailbox” and found my tax returns? @NBCNews FAKE NEWS!
— Donald J. Trump (@realDonaldTrump) March 15, 2017
“FAKE NEWS” said it all.
That response followed an official statement released by the White House Tuesday evening around the same time Maddow was stringing along her audience with a nothing-story for most of her program, according to the U.K. Independent.
“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 statement began, going on to remind everyone that, as a successful business for decades, Trump had a fiduciary duty to pay as little in taxes as 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,” the statement continued.
“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,” the White House concluded.
As to Trump’s tweet, it seemed clear that he has doubts about the reporter’s story on how he came to be in possession of the illegally leaked tax returns, hence the tag of “fake news.”
It remained to be seen if anything further will develop from the illegal release of Trump’s 2005 tax return, but considering how it has somewhat sapped the wind in the sails of the media’s obsession over his taxes by showing how much he really paid, it wouldn’t be surprising if we hear little more from the liberal media on this particular issue.
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