Tuesday, March 14, 2017

Trump paid 25 percent federal income tax rate in 2005

Someone apparently stole a copy of President Donald J. Trump's 2005 federal income tax returns.

And guess what? He pays taxes!

So much for the leftist canard that Trump refused to release his income tax returns becauses he was paying nothing to the feds.

From Yahoo:
One of the most closely guarded secrets in politics — Donald Trump’s income taxes — became a little bit less mysterious late Tuesday as prize-winning journalist David Cay Johnston and MSNBC published a partial copy of the president’s 2005 federal filing. The two-page disclosure shed little light on the entrepreneur's complex financial dealings, showing he paid about $38 million on income of roughly $150 million, an effective tax rate of 25 percent.

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