iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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MORE NOTHING: DETAILS OF TRUMP’S TAX RETURNS REVEAL THE PRESIDENT IS A RICH MAN

Behold. MSNBC just released two pages of President Trump’s 2005 1040.

Essentially, it’s more nothing — literally.

Here are the highlights.

Trump made $150m in 2005.

He paid $5.3m in Federal taxes, incurring a tax rate of 4% thanks to write downs. He had written down $916m in 1995

Additionally, he paid $31m in alt minimum taxes. Overall tax rate was 25%.

The White House releases a statement regarding the leak.

“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 White House said in a statement. “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.”

Here are the returns, at least two pages of them.

Great, more nothing. Leftards BTFO.

Drudge summarizes.

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12 comments

  1. zeropointnow

    Maddow tried his best. Epic fail.

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  2. small pleb

    LMAO

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  3. krauthammer

    First, it was Trump won’t release his tax returns. Now rabid dog Maddow is saying “we need to know the sources of his income because DAH RUSSIANS.” Just shut the f*** up about it already. Nobody cares and it won’t make a difference.

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    • it is showtime

      Shouldnt be ignored only bc it’s possibly the biggest psyop in us history. By the end of december took on a level beyond what I or most conspiracy types expected. I personally knew and felt from the wording of obama’s official sanction press conference before christmas, the bullshit level being communicated meant those choosing to say f-off-obama-shut-the-f-up were being dismissive of what was being planned. Then came 4 russia diplomat deaths etc etc

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  4. small pleb

    Obama’s 2015 tax rate was 18.7%

    https://obamawhitehouse.archives.gov/blog/2016/04/15/president-obama-and-vice-president-bidens-2015-tax-returns

    Trump’s 2005 tax rate was higher so that must mean he is a Russian spy.

    https://youtu.be/SANvJue2Ljw

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  5. stockslueth

    Ya but did he pay his Russian taxes? I call for a Politburo investigation! Not Nice!

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  6. mongoosereflexes
    mongoosereflexes

    Don’t you think it’s weird that 2 pages of 2005 return only leak and no other year? Maybe this is his cleanest return and shows he paid taxes, normal stuff, so they wanted it to leak. Another distraction and other tax returns might not be that “nice looking.” Let’s see the rest of the years…every president should be required to release them.

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  7. small pleb

    Breathless Fake News: “We have the Trump tax returns! Tune in! You won’t want to miss this!

    Fake News: “Huh. You know. These aren’t that bad? I guess we should have looked at these 2 pages before telling America to tune in?”

    Fake News: “Trump may have leaked these because Muh! Russians!”

    Earth: “LOL”

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  8. reversion

    The WH leaked these on purpose….. made Maddog look like an idiot and like trump actually pays taxes

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  9. juice

    It’s obvious that Putin hacked the only year Trump paid taxes and delivered them to neo-Russiaphobe Maddog Maddow

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