re: How many presidents have turned over their tax returns?

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That was glorious, big prime time set up to only find that Trump Paid a shite load of taxes.

Rachel Maddow embarrassed herself and MSNBC Tuesday night when she hyped the fact that she “got Trump tax returns,” only to reveal two pages from the president’s 2005 1040 form. Those two pages revealed President Donald Trump had made $150 million in 2005, deducted $100 million in losses, and paid $38 million in taxes.

Not the damning evidence the Left was looking for. Instead of proving, as Democrats had alleged throughout the 2016 election, that Trump hadn’t paid taxes in decades, Maddow revealed that Trump had paid taxes—and at a larger share of his income than President Barack Obama or Vermont Sen. Bernie Sanders.

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and...

Earlier post by gthog61 (sorry, can you do multi-quote here?)

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The leftists know that no one will be able to understand the returns so they have free rein to spin whatever bull shite they want.

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Exactly, the left/media will take the return and spin it, as can be seen above.

Note:The $100 million 'deduction' was mostly cancelled out by the AMT. You don't need to be a tax expert to figure this out. Just look at the big picture, $150M - $100M = $50M. $38M paid on $50M would be a 76% tax rate (heck you don't even need a calculator, just double and move decimal point). There's no such tax rate for that year.

And it it was $150M after the 'non-deduction' (I' don't recall offhand), that would still be 38/150 = 25% tax rate, I'd have to check, was 27% the top bracket? If so, he could have filled it to 25% average. But that makes the point, he paid a solid rate on a lot of income, a higher rate than most of those clamoring for Trumps taxes. But all I heard from the left/media was "$100M deduction!" (fake news).


Memory refresh LINK - yes, it was $150M income, $100M 'deduction' that was mostly unwound by AMT, so $38M tax on $150M income ~ 25.3%.