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STORY story550916 Latest (Reveal of Trump Tax Records Brings Rachel Maddow Record Viewership) english STORY https://hypegram.com/story?q=550916 /storyImage/550916 Fri Mar 17 2017 00:07:09 GMT+0000 (UTC) {}

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New York Times
458 d ago
Reveal of Trump Tax Records Brings Rachel Maddow Record Viewership
More than four million people tuned in to watch Ms. Maddow unveil a portion of President Trump’s 2005 tax returns, in a tantalizingly slow manner.
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Business Insider
458 d ago
More than 4 million people watched Rachel Maddow's Trump tax document announcement — her biggest audience ever
AP Photo/Chuck Burton, File
Rachel Maddow’s big reveal of Donald Trump’s headline-challenged 2005 tax return attracted 4.13 million viewers Tuesday night – her biggest audience ever.
About 1.4M of those viewers who watched her MSNBC program fell into the 25-54 news demographic group. That’s also a record for Maddow’s show.
Her Trump tax reveal nabbed the network’s second-biggest audience ever for MSNBC for a regularly scheduled show, behind only the October 29, 2008 episode of Countdown With Keith Olbermann, which had averaged 4.2 million total viewers.
That came six days before the 2008 election that put Barack Obama into the White House.
On Tuesday night, Maddow edged out time-slot competitors Tucker Carlson Tonight (3.015M viewers and 594K in demo) on Fox News as well as CNN’s 1.1M and 396K demo viewers.
Maddow’s show was the third most watched in all of TV in its time slot, trailing by several laps NBC’s This is Us, which set a series record with 12.816 million viewers tuned in, as well as CBS’ NCIS: New Orleans (10.824M)
President Donald Trump blasted as "fake news" Maddow’s program in which she got her hands on two pages of his 2005 IRS 1040 form.
Trump wasn’t the only critic of the broadcast, which was nicked by some viewers and TV-industry navel lint gazers as being a whole lot of buildup – she’d kept viewers panting for about 24 minutes before finally getting down to the info she’d obtained – for very little bang. Among the Twitter complaints by viewers as they foamed over: "More than a million people have signed a petition demanding that Rachel Maddow release Trump’s tax returns" and "Why won’t Rachel Maddow release Donald Trump’s tax returns? What’s she hiding"  – and, our personal fave, "This is SNL’s worst cold open."
And, this:
Tweet Embed:
https://twitter.com/mims/statuses/841819496830636036
Rachel...enough with the tease. Deliver!
Rachel Maddow battled back on Thursday, telling the Associated Press that if people felt let down by her report it’s more because of their preconceived ideas than anything she did.
About 90 minutes before her program, Maddow caused social media to go insane when she tweeted:
Tweet Embed:
https://twitter.com/mims/statuses/841795163664089089
BREAKING: We've got Trump tax returns. Tonight, 9pm ET. MSNBC.
(Seriously).
She waited about 50 minutes before tweeting that what she had gotten her hands on was two pages from one year’s returns:
Tweet Embed:
https://twitter.com/mims/statuses/841807273513107456
What we've got is from 2005... the President's 1040 form... details to come tonight 9PM ET, MSNBC.
 "Because I have information about the President doesn’t mean that it’s necessarily a scandal," she insisted to AP two days later. "It doesn’t mean that it’s damning information. If other people leaped to that conclusion without me indicating that it was, that hype is external to what we did."
Among those lampooning Maddow’s tactics, CBS’ Late Show host Stephen Colbert:
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Time
458 d ago
Stephen Colbert Spoofs Rachel Maddow’s Slow-Building Trump Tax Return Reveal

Like many on Twitter , Stephen Colbert apparently didn’t appreciate Rachel Maddow’s contextual buildup to revealing President Donald Trump’s 2005 tax return Tuesday night.
During Wednesday’s episode of The Late Show, the host spoofed the MSNBC pundit’s take on breaking news with a cold open that poked fun at her lengthy introduction to the scoop.
“I hold in my hand something very significant,” Colbert said, holding up a piece of paper. “It is a joke — a joke that we have confirmed has been heard by Donald Trump. We believe this is the first time any joke connected with Donald Trump has been released.”
Watch the full clip below.
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Time
458 d ago
Watch Rachel Maddow Address Trump’s ‘Fake News’ Claims About the Tax Return Story

After President Donald Trump defied decades of political convention by declining to release his tax returns during his campaign, Rachel Maddow broke the internet this week when she revealed Trump’s 2005 tax returns during her MSNBC show.
Maddow stopped by The Tonight Show on Wednesday to give Jimmy Fallon the background story that lead to investigative journalist David Cay Johnston presenting the world with a portion of Trump’s 2005 tax returns. “He said, ‘If we can verify it, do you want to put it on TV?’” Maddow said. “And I said, ‘hmm, yes, but we need to do our due diligence, too. We really need to be sure this is the real thing.’”
Maddow told Fallon that at the last minute, the White House confirmed the document. “We got a statement from ’em,” she said. “You know they started calling us ‘ fake news blah blah blah’ and then we went to air.”
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
The president tweeted that the story was “fake news”, which while not unexpected, rubbed Maddow the wrong way. “I’m happy to deal with either one of these assertions,” she said, “that it’s authentic or that it’s fake – but pick one.”
Watch the full clip below.
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Business Insider
458 d ago
Stephen Colbert hilariously spoofs Rachel Maddow's Trump tax-form tease
CBS
It all started on Tuesday evening when MSNBC host Rachel Maddow tweeted that on her show that night she would be revealing President Donald Trump's tax returns.
But before unveiling that she had two pages of Trump's 2005 federal tax return, she opened her show with a lengthy tease that went on for over 10 minutes. Leading to people on Twitter losing their minds during the dragged-out setup.
On Wednesday's "Late Show," host Stephen Colbert pounced on the moment by spoofing Maddow's opening with his own two-and-a-half-minute tease for a joke he claimed Trump had heard: "Why did the chicken cross the road?"
"I hold in my hand something very significant," Colbert said, dressed in Maddow's signature blazer with a backdrop that looked similar to the one her show uses. "It is a joke, a joke that we have confirmed has been heard by Donald Trump. We believe this is the first time any joke dealing with Donald Trump has been released."
MSNBCColbert then went into long tangents about chickens and roads and if either relates to Russia.
"But whether or not you're a Trump supporter, whether or not you've heard this joke before, it should give you pause that after all of this buildup I still haven't gotten to the punchline," Colbert said before seemingly getting to the punchline only to go to a commercial break.
Since her Tuesday show, Maddow has had to defend her reveal of the tax form, which showed that Trump earned $150 million in 2005 and paid $38 million in income taxes that year. Many have felt the whole thing was a disappointment.
"My priority is to get the story right and put it into proper context, and explain the weight of it and why it is important," Maddow told the Associated Press . "This is a super interesting first window into his finances, and the question of his finances is a legitimate scandal."
Watch Colbert's Maddow bit below:
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458 d ago
Hype Watch: Rachel Maddow's titanic Trump tax touting ends badly
What was touted as a very big night for Rachel Maddow ended up with a massive misfire.
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459 d ago
Rachel Maddow: People expected too much of my report on Trump's tax return
AP
Rachel Maddow says that if people felt let down by her story about President Donald Trump's 2005 tax document it's more because of the weight of expectation than anything she did.
The MSNBC host found herself in the odd position Wednesday of defending herself from criticism following one of the biggest-ever scoops for her show. Maddow's show revealed, through reporter David Cay Johnston, two pages of tax return information that showed Trump earned $150 million in 2005 and paid $38 million in income taxes that year. Trump has steadfastly refused to release his tax returns.
An estimate of how many people watched her show was expected later Wednesday afternoon.
Maddow's tweet less than 90 minutes before her show that "we've got Trump's tax returns" set off a social media frenzy. Although a subsequent tweet specified it was only two pages from one year's returns, expectations were sky high.
Maddow told the AP that she never misrepresented what she had.
"Because I have information about the president doesn't mean that it's necessarily a scandal," she said. "It doesn't mean that it's damning information. If other people leapt to that conclusion without me indicating that it was, that hype is external to what we did."
Her story was derided as "a big nothingburger" by Fox News Channel's Steve Doocy on Wednesday. There were unflattering comparisons to Geraldo Rivera's opening of Al Capone's vault, television shorthand for an anticipated event that doesn't meet expectations. The White House's pre-emptive step of issuing a statement with Trump's income and estimated taxes for that year before Maddow's show started also took air out of the story.
Maddow's nearly 20-minute explanation of why seeing the president's tax returns is important and all of the things they could reveal — before telling what the 2005 documents actually showed — may have felt familiar to her regular viewers but a long tease for those enticed by the advanced advertising.
Tweeted ESPN's Bob Ley during the show: "If you have news, Rachel, please tell us. Soon. I'm not young."
"My priority is to get the story right and put it into proper context, and explain the weight of it and why it is important," Maddow said. While she didn't reveal the income figures immediately, she did tell viewers at the top of the show the exact documents that were obtained and how they came to light, she said.
The fact that the material was leaked — and the Trump administration contended that it was illegal for Maddow to publicize it — is as important as what it revealed, Maddow said. If it happened once, it's likely to happen again, she said.
"This is a super interesting first window into his finances, and the question of his finances is a legitimate scandal," she said.
While Trump called NBC News "fake news" in a tweet Wednesday, he didn't mention Maddow specifically. His son, Donald Trump Jr., did that in a tweet: "Thank you Rachel Maddow for proving to your Trump hating followers how successful #realDonaldTrump is and that he paid $40mm in taxes."
Johnston noted in a tweet Wednesday that the White House had confirmed what Trump had called "fake news." And he said that Trump fans had harassed his wife and one of his children by phone. "Sad!" he tweeted. "Let's have open debate, not threats."
Maddow said she didn't feel that the White House had undercut her story by releasing the tax information early, noting that it was important to get confirmation that the story was right.
Some Trump supporters found the revelations a positive, given that critics of his failure to release taxes had suggested the president wasn't as rich as he let on, or that he paid little in taxes. Maddow even faced some criticism within the family: a commentary by Jay Yarow on sister station CNBC's web site that was headlined, "Donald Trump just got a nice victory, thanks, of all people, to Rachel Maddow."
"I don't really care," Maddow said. "It is funny to me that a president would spend this much energy and political capital to keep secret his finances and his taxes specifically and simultaneously would want to brag about how much money he made. If that's really what he wants the story to be, he can release all of his taxes and we can all glory in his immense wealth."
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CNBC
459 d ago
Donald Trump 2005 federal tax information revealed on 'The Rachel Maddow Show'
The White House pre-empted Rachel Maddow, revealing that Trump paid $38 million in taxes on more than $150 million in income.
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Business Insider
459 d ago
Rachel Maddow just released portions of Trump's 2005 tax return — here's what it reveals
Rachel Maddow just released portions of Trump’s 2005 federal tax return . The returns were reportedly sent to investigative reporter David Cay Johnston. The returns reveal that Trump wrote off $100 million in business losses, reported income of $150 million, and paid $38 million in federal taxes. 
Read the White House official's full statement below:
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.
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.
politics
The Rolling Stone
459 d ago
Four Things We Learned About Trump's Tax Returns From Rachel Maddow
For an hour and a half on Tuesday night, MSNBC's Rachel Maddow whipped America's left into a froth, dangling on Twitter  the prospect that she would reveal Donald Trump's tax returns on live TV that evening. What Maddow had were the first two pages – the 1040 – of Trump's 2005 tax return.
This article originally appeared on www.rollingstone.com: Four Things We Learned About Trump's Tax Returns From Rachel Maddow
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Mashable
459 d ago
Rachel Maddow infuriates the internet with her leisurely Trump tax return reveal
It took 22 minutes for Rachel Maddow to reveal the details about Donald Trump's taxes that she promised before her nightly cable news show. For an eagerly watching internet, it felt like waiting an eternity, with very little payoff. 
SEE ALSO: Rachel Maddow promises Trump tax returns, and the internet goes wild with reaction GIFs
As MSNBC's Maddow went on and on about stuff we already knew about Trump before the big reveal Tuesday, viewers were left angrily tapping their feet. Rule No. 1 of the internet: Don't make us wait.
More than a million people have signed a petition demanding that Rachel Maddow release Trump's tax returns
— Nate Cohn (@Nate_Cohn) March 15, 2017 Read more...
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460 d ago
Rachel Maddow promises Trump tax returns, and the internet goes wild with reaction GIFs
Trump's long-held assertion that no-one cares about his tax returns was slammed yet again Tuesday night, when the internet went wild in response to one reporter teasing a big IRS-shaped revelation.
SEE ALSO: 'Rumps Against Trump' sees protesters bare their butts outside Trump Tower
"Breaking; We've got Trump tax returns," MSNBC host Rachel Maddow tweeted at 7:30 p.m. ET, promising more information on air at 9.
BREAKING: We've got Trump tax returns. Tonight, 9pm ET. MSNBC.
(Seriously).
— Rachel Maddow MSNBC (@maddow) March 14, 2017
She didn't specify which returns, or even which Trump, but her words lit up Twitter. Within minutes, her surname was trending with well over 100,000 tweets as speculation ran rife. Read more...
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Business Insider
460 d ago
Trump releases some 2005 tax info ahead of Rachel Maddow report
John Moore/Getty Images
The White House on Tuesday evening released some information about President Donald Trump's 2005 tax return after MSNBC host Rachel Maddow's show teased that it had obtained part of the forms.
A tweet from Maddow's account on Tuesday read, "BREAKING: We've got Trump tax returns." Daily Beast writer David Cay Johnston touted a pending story in a follow-up message .
The documents are described as the first two pages of Trump's 2005 federal income-tax return, according to Johnston .
The forms indicated that Trump and his wife, Melania, paid more than $38 million in federal income taxes in 2005. Most of that was classified under the alternative minimum tax, which Trump has suggested should be eliminated.
In response to Maddow's earlier teasing of the reporting, a White House official told Business Insider that Trump paid $38 million in taxes on $150 million of income in 2005, while blasting the MSNBC report. You can download a copy of Trump's tax return here .
"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 official said.
Here's the income section of Trump's 2005 1040:
IRS via DC Report
Here is the adjusted gross income:
IRS via DCReport
And here is the tax payment section:
DCReport
To date, a complete accounting of Trump's history has not been publicly released, breaking from decades of tradition in presidential politics. During the 2016 presidential campaign, Trump resisted calls to share his returns, citing an ongoing audit he claimed prevented him from making the documents public.
Experts have refuted that claim, but Trump persisted, saying he would release the returns only after the audit was completed, ostensibly after the election. Trump's campaign surrogate turned White House counselor, Kellyanne Conway, said after the inauguration in January that Trump would not publish his tax returns after all .
Trump largely scoffed at the necessity of revealing his tax documents, often claiming that voters would learn "very little" from them. 2012 Republican presidential nominee Mitt Romney and 2016 Democratic nominee Hillary Clinton are among critics who have suggested a "bombshell" may be hidden in Trump's taxes.
Late in the election cycle, The New York Times published several pages from Trump's 1995 returns .
Read the White House official's full statement below:
"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.
"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."
NOW WATCH: Rachel Maddow just released portions of Trump's 2005 tax return — here's what it reveals

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458 d ago Business InsiderThis is the tax that cost Trump $31 million in 2005 — and now he wants to eliminate it
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One tax that President Donald Trump has promised to put on the chopping block is one that hit him hard in 2005: the alternative minimum tax.
A copy of the president's tax return, recently revealed by MSNBC , indicates that the alternative minimum tax cost Trump $31 million. As Business Insider's Jim Edwards reported, that " accounted for most of the $38.5 million in taxes " the president paid in 2005.
What is the alternative minimum tax?
The original purpose of the AMT was to prevent very wealthy Americans from using deductions and loopholes to skimp on their taxes.
One way to look at it is as a secondary tax code. The AMT has a set of rates and rules that are distinct from the regular tax code and apply to certain high-income earners, trusts, estates, and corporations.
So when corporations or individuals fall under the auspices of the AMT, their tax bills are figured out differently than those of ordinary taxpayers.
According to Bankrate's Kay Bell , "Basically, it's the difference between your regular tax bill, figured using ordinary income tax rates, and your AMT bill, figured by filling out more IRS paperwork. When there's a difference, you must pay that amount, the AMT, in addition to your regular tax."
The point of the AMT is to make sure wealthy Americans who earn above a certain amount pay a flat minimum tax rate — hence the name — even if they could get away with paying zero or very little taxes in the regular system. But many opponents of the tax say it now targets people in the upper-middle class, not the uber-rich.
Here's the history
Darren Staples/ReutersThe AMT originated in the late 1960s. The Department of the Treasury said that about 150 people legally paid zero federal income tax in 1966 by claiming deductions "and not including certain kinds of income ." Naturally, taxpayers of modest means were ticked off about this .
According to Forbes, Congress received more complaints about those "tax-dodgers" than it did about the Vietnam War. So it responded by enacting the minimum tax, the AMT's predecessor, in 1969. The current version of the AMT was implemented in 1982. Since then, it has received several touch-ups.
Today, however, the AMT, doesn't strictly apply to superrich Americans, as it was originally intended. Since the AMT wasn't indexed for inflation until 2013, the number of people who fall under the AMT umbrella has increased significantly since the 1970s and includes "30 percent of households with cash income between $200,000 and $500,000," according to figures from the Urban-Brookings Tax Policy Center cited by Bloomberg . In total, it applied to 3% of all taxpayers in 2005, according to data from the IRS.
Why some people think it's a good idea to repeal or replace it
Most critics of the AMT oppose the tax because it doesn't target the people and organizations it was originally aimed at.
"It was originally targeted at the super-wealthy when it came out, but the super-wealthy in most cases don't pay it," Scott Aber, a certified public accountant, told CNBC in December .
Daniel Shaviro is a professor at the New York University School of Law, and he knows a thing or two about the AMT — he played a role in changing the tax in the 1980s.
He told Business Insider that the law in its current form "doesn't address [today's] tax-avoidance methods."
"It does not address sophisticated modern tax-avoidance techniques, such as Larry Ellison, who is worth $50 billion, getting a $1 salary and borrowing against the value of his appreciated stock, or companies such as Apple directing their global profits to tax-haven subsidiaries," Shaviro added.
Trump has promised to repeal the AMT , which would come with a $412.8 billion price tag for the federal government between 2016 and 2026, according to the Tax Policy Center .
The president has said he would make up for that cost by reducing the number of deductions in the tax code.
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457 d ago Business Insider :: This is what Bernie Sanders would do to the tax that cost Trump $31 million
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Bernie Sanders is a self-proclaimed socialist who railed against the power of the wealthy elite during his 2016 presidential run.
But despite that, he does not support the alternative minimum tax, which was enacted with the intention of making sure the uber rich pay their fair share of taxes.
The tax made headlines this week when MSNBC revealed President Donald Trump's 2005 tax return. That's because it cost the president nearly $31 million. 
One way to look at the alternative minimum tax or AMT is as a secondary tax code. It has a set of rates and rules that are distinct from the regular tax code and apply to certain high-income earners, trusts, estates, and corporations. So when corporations or individuals fall under the auspices of the AMT, their tax bills are figured out differently than those of ordinary taxpayers.
The point of the AMT is to make sure wealthy Americans who earn above a certain amount pay a flat minimum tax rate — hence the name — even if they could get away with paying zero or very little taxes in the regular system. But many opponents of the tax say it now targets people in the upper-middle class, not the uber-rich.
WWBD, What Would Bernie Do?
Sanders does support a repeal of the alternative minimum tax, but that doesn't mean he thinks the wealthy should get away with paying as little taxes as possible.
The tax plan Sanders proposed during the 2016 presidential election called for a repeal of the AMT. But it also called for a number of "provisions aimed at high-income households" that would essentially do what the AMT was intended to do: make sure the extremely wealthy pay their fair share.
According to the Tax Foundation:
"The plan includes several provisions aimed at high-income households: it would raise the top marginal income tax rate to 54.2 percent, tax capital gains and dividends as ordinary income, replace the alternative minimum tax with a new limit on itemized deductions, and expand the estate tax."
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459 d ago CNNJournalist believes Trump gave him tax return
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David Cay Johnston, the journalist who obtained President Trump's 2005 tax return, says it's possible Trump sent the return himself because of the President's history of leaking news and the content of the return.


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459 d ago Business Insider :: The reporter who got Trump's 2005 tax return openly questioned whether Trump could have leaked it himself
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AP Photo/Pablo Martinez Monsivais
Speculation about who released some of President Donald Trump's 2005 federal tax return began swirling almost immediately after the documents were announced Tuesday night.
The documents were originally leaked anonymously to Pulitzer Prize-winning investigative reporter David Cay Johnston. While discussing the pages with MSNBC's Rachel Maddow, Johnston suggested Trump himself could have leaked the documents to him.
Images of the 1040 forms were marked with a "Client Copy" stamp that suggested the documents may have been leaked by someone close to Trump, if not Trump himself.
The information contained within the tax documents also shed some light on Trump's finances. They suggest that Trump indeed paid some income tax; previously, the most notable information on the subject was an October report from The New York Times indicating that a copy of Trump's 1995 tax documents showed he may have avoided paying taxes for 18 years.
Johnston was not the only reporter who pondered the source of the leak.
"Think abt calculus of leaker if he/she is hostile to Trump," New York Times reporter Noam Scheiber tweeted . "Im going to leak tax return showing he paid... $38m in 05? What's that do for u?"
Johnston also gave some credence for the theory: "It's entirely possible" that Trump "sent this to me," he said on the show. Maddow even said on her program that the tax returns themselves weren't an important story; rather, she said, the fact they were leaked to a reporter was.
Tweet Embed:
https://twitter.com/mims/statuses/841825498091134976
Here's a photo of the Trump tax returns that @maddow just displayed.
There's a stamp that reads "Client Copy." pic.twitter.com/GxmHGQDmd0
The timing of the release was also called into question, as the Republican Party faces hefty opposition to its proposal to replace the Affordable Care Act, the healthcare law better known as Obamacare. The GOP's American Health Care Act took a big hit Monday after the nonpartisan Congressional Budget Office released estimates that the legislation would cause millions of Americans to lose health insurance.
Supporters of Trump rallied on Twitter, cheering Maddow's release of the information:
Tweet Embed:
https://twitter.com/mims/statuses/841833345604583424
Thank you Rachel Maddow for proving to your #Trump hating followers how successful @realDonaldTrump is & that he paid $40mm in taxes! #Taxes Tweet Embed:
https://twitter.com/mims/statuses/841842439262474240
BREAKING NEWS: 12 years ago @realDonaldTrump made a lot of money and paid a lot in taxes #scandal #thankyouMaddow Tweet Embed:
https://twitter.com/mims/statuses/841844982214496257
. @TomiLahren : It’s a rough night for all of those that have really dedicated the past 6 months of their lives to delegitimizing Pres. Trump. pic.twitter.com/thNpYf5pAO
NOW WATCH: Rachel Maddow just released portions of Trump's 2005 tax return — here's what it reveals

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459 d ago Business Insider :: Scarborough suggests Trump leaked own tax return to 'distract from Russia hearings and the Trumpcare meltdown'
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MSNBC
MSNBC anchor Joe Scarborough on Wednesday backed the theory that President Donald Trump leaked part of his own 2005 tax return to reporter David Kay Johnston, who revealed some documents from the return along with MSNBC's Rachel Maddow on Tuesday night.
During an appearance on Maddow's show, Johnston said it was "entirely possible" that Trump sent the documents anonymously, saying Trump had "leaked all sorts of things" over the years.
In a series of tweets on Wednesday, the "Morning Joe" host pointed out that the 2005 federal tax return depicted the president in a more positive light than some expected — Trump paid a federal income tax rate of 25%, despite writing off nearly $100 million in business losses — and that the fanfare surrounding their release helped overshadow questions about Trump's ties to Russia and the troubled rollout of the GOP's new healthcare bill.
Tweet Embed:
https://twitter.com/mims/statuses/841979525395181568
This one tax return is not bad for him because he cherry picked one return from over a decade ago and had it leaked to the press. https://t.co/P5cMuApGVe Tweet Embed:
https://twitter.com/mims/statuses/841980908852854785
The Trump camp released one positive tax return to distract from Russia hearings and the Trumpcare meltdown. That's painfully obvious. https://t.co/NLBVPJhwg6 Tweet Embed:
https://twitter.com/mims/statuses/841981656672092160
To the first pro-Trump/Putin hack that says this one cherry picked tax return settles the tax issue for good:
Not even close. https://t.co/NLBVPJhwg6
The MSNBC anchor also dismissed CNN anchor Chris Cuomo, who questioned why Scarborough blamed Trump without solid evidence.
Tweet Embed:
https://twitter.com/mims/statuses/841993776822329344
1. Learn to write intelligibly.
2. Try to keep up. The reporter who was mailed the returns said Trump may have sent it.
3. This ain't hard. https://t.co/8LgyFt4Z0O
Scarborough's accusation also appeared to come at another low in the relationship between the MSNBC host and the president.
Throughout the 2016 presidential campaign and much of the transition, observers — including Cuomo — criticized "Morning Joe" hosts Scarborough and Mika Brzezinski for their close relationship with Trump, who at one point dubbed the hosts "supporters" and who occasionally took informal political advice from Scarborough.
After a falling-out during the campaign in which Trump dubbed Brzezinski "crazy," the hosts and Trump appeared to mend fences in the transition period, helping them gain access and scoops on the incoming administration.
Trump's "Morning Joe" viewership is well documented — advertisers and guests have even appealed to Trump directly during the show to some success .
But the two hosts have ripped into many of the president's policy decisions and rhetoric since Trump took office, slamming his unfounded wiretap allegations, the rollout of his travel ban, and people in Trump's orbit like counselor Kellyanne Conway.
Last week, the president unfollowed both hosts on Twitter.
NOW WATCH: 'F--- you for that': Milo Yiannopoulos attacks the media in a press conference after resigning from Breitbart

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459 d ago CNN :: Journalist believes Trump sent him tax return
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David Cay Johnston, the journalist who broke the Trump tax return story, says he believes President Donald Trump is the one who sent him the pages anonymously.


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459 d ago ABC :: WATCH: Trump's tax return leaked
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A portion of President Trump's 2005 tax return has been released to the public.
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459 d ago BBCDonald Trump's 2005 tax return leak reveals $38m bill
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The document shows a $38m tax bill on $150m income but the White House says its publication is illegal.
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459 d ago CNBC :: Here's one curious thing about the Donald Trump tax leak
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The investigative reporter who obtained the tax documents suggests they could have come from an unlikely source.
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459 d ago CNN :: Did Trump leak his own tax returns?
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David Cay Johnston, the journalist who revealed President Donald Trump's 2005 tax returns, said he doesn't know who supplied the documents and it was at least possible the White House was behind the release.
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459 d ago CNBC :: Cramer to left wing: Trump's 2005 tax leak shows 'he made a lot of money'
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Many on the left claimed Trump wasn't really making much money at all, Jim Cramer says.
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459 d ago Fox News :: Trump calls tax return leak 'illegal,' thinks MSNBC report is 'a disgrace'
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President Trump responded sharply to the leak of two pages of his 2005 tax returns in an exclusive interview Wednesday with Fox News' Tucker Carlson, calling the MSNBC report "a disgrace."
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460 d ago USA TodayHere's what we do and do not know about President Trump's tax returns
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The White House confirmed Tuesday that Trump paid $38 million in federal income tax in 2005, after having an income of $150 million.
         
 
 

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459 d ago The Guardian :: Donald Trump tax returns: president paid $38m in 2005, leaked document reveals – as it happened
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MSNBC report sparks angry response from the White House as return shows that Trump made more than $150m and paid $38m in taxes SEC document shows Trump was worth less than half of $10bn claim in 2012
The changing story of Donald Trump’s tax returns – video
Reporter who obtained tax return: ‘Publishers assumed Trump would soon disappear’

3.13am GMT
That’s all for the blog tonight. We’re closing out with analysis from the Guardian’s Washington correspondent, David Smith, who has delved into the question raised on Rachel Maddow’s show about whether Trump was behind the leak of his tax return.
It would be a classic Trump tactic to deflect attention from his troubles with wire-tapping claims and replacing the healthcare law, also known as Obamacare. But it would also be a risky one, driving attention back to the issue of why he is the first president in 40 years to refuse to release his tax returns. This is the man who, when in the first presidential debate Clinton suggested he doesn’t pay federal income taxes, interjected: “That makes me smart.”
Trump claims he cannot release his taxes while he is under audit. Yet he did so on Tuesday night in the White House’s preemptive statement. Zac Petkanas, a senior adviser to the Democratic National Committee, said: “The White House’s willingness to release some tax information when it suits them proves Donald Trump’s audit excuse is a sham. If they can release some of the information, they can release all of the information.
Related: Hot air and intrigue: did Donald Trump leak his own tax return?
2.45am GMT
The Guardian’s previous reporting has also raised questions about what Donald Trump could be hiding regarding his wealth – another reason why he may want to keep his tax returns secret.
Although on the campaign trail he claimed he is worth more than $10bn, a 2012 statement filed to the Securities and Exchange Commission by Wells Fargo Securities on behalf of Trump suggested he was then worth less than half of that:
In the document, which concerned the securitization of commercial mortgages on properties including Trump Tower in New York City, Trump was described as being worth more than $4.2bn, with liquid assets of more than $250m...
While $250m is a large amount of money, it is nowhere near enough to finance a modern presidential campaign. Trump has already loaned between $43m and $50m to his campaign , raising questions about how much he can afford to continue to spend without selling off assets or taking on significant loans.
Related: SEC document shows Trump was worth less than half of $10bn claim in 2012
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459 d ago CNN :: WH releases details on Trump's tax returns
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The White House said President Donald Trump earned more than a $150 million in income and paid $38 million in taxes in 2005 even after taking into account large scale depreciation for construction. CNN's Jim Acosta reports.


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459 d ago The Guardian :: Trump tax returns: president had to pay millions due to tax law he aims to scrap
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A section of the president’s 2005 tax return revealed that about 85% of what he paid the IRS was incurred due to ‘alternative minimum tax’
Donald Trump’s leaked tax return reveals that the businessman had to pay tens of millions of dollars in a single year because of a tax rule that he has specifically promised to abolish as president.
A two-page section of Trump’s tax return for 2005, which was published by MSNBC late on Tuesday, revealed that the president paid $38m in federal taxes on more than $150m in income in 2005. Continue reading...

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459 d ago USA Today :: Twitter went bonkers waiting for President Trump's tax returns
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The epic buildup also left many feeling shortchanged, though.
         
 
 

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479 d ago Fox NewsSenate may force Trump to turn over tax returns
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U.S. Sen. Susan Collins said on Wednesday she’s open to using a subpoena to investigate President Donald Trump’s tax returns for potential connections to Russia.
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479 d ago CNN :: Town halls demand Trump's tax returns
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Republican congressmen around the country fielded questions from passionate constituents about investigating President Trump's tax returns.


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