Trump tax return gives rare look at president’s finances

“I don’t feel like a victor right now”, she said. Last fall, the New York Times reported that Trump reported a massive $916 million loss in 1995, which enabled him to avoid paying income taxes for decades.

The network, which is often critical of President Donald Trump, has beaten out CNN in total weekday prime-time viewers for six of the past seven months, The New York Times reported.

A political enemy of the president would have known Johnston would give the story credibility.

“Donald has a long history of leaking material about himself when he thinks it’s in his interests”. Sadly, Hayes, who has some smarts and journalism skills, just nodded affirmatively at nearly everything Rachel said, as if she were his mommy.

If the citizens want their Presidential Candidates or Presidents to make their tax returns available to the public, they should pass a federal law or amend the Constitution.

Democrats noted that the revelation served to demonstrate that the White House could disclose the President’s tax information if it wanted to.

As to whether anyone believes that two pages of Trump’s 2006 return just showed up in Johnston’s mailbox, sure, why not?

And here’s Rachel talking to Hallie Jackson, NBC News’ White House correspondent, about Trump’s record on the issue.

“I’m expecting news any day that he’s going to send a couple hundred thousand into the IRS so he can pay his fair share”. “That’s as unethical as it gets”.

Even before the show aired, the White House released a statement.

The documents arrived at Johnston’s home in Rochester last week, he said, while he was in Palm Beach researching his next book about Trump.

But the Trumps were snagged by the alternative minimum tax provisions of the tax code, and that dramatically increased their total tax bill. It’s complicated, but it explains exactly why people at the top aren’t “burdened the way we suggest”, and how they skip out on a massive amount of taxes, thanks to loopholes, credits, and tax shelters. Jamil Smith isn’t wrong when he said that Maddow released additional useful information into the world, but it wasn’t much, and the way she hyped it up ultimately abandoned a lot of the meaning behind that information.

Rachel then joined Lawrence O’Donnell on his show. “She is a very original and unique voice”.

“The White House’s willingness to release some tax information when it suits them proves Donald Trump’s audit excuse is a sham”, said Zac Petkanas, an adviser to the Democratic National Committee.

“I didn’t do anything to solicit this beyond having a tip line on our website”, said Johnston.

That particular tax cost Mr. Trump $31 million in 2005, according to Johnston’s reporting. “This document was handed to a reporter”.

Johnston said that he knew O’Brien but the pair were not friends. The central focus is on connect-the-dots reporting about Trump’s business interests and dealings with Russian Federation.