I bring this up because some sites are now reporting as a "fact" that that in 2005 Trump only paid 4% of his income in taxes.
The Daily Beast article is quick to report the 4% figure. They do mention the AMT payment. But they don't bother to calculate the 24% figure as I did.
This is infuriating.
Bernie Sanders paid only 13% income taxes in 2014. Obama paid 19% in 2015.
Hypocrites
NO this is not infuriating! This is one of the GREATEST TROLLS OF ALL TIME, so far!
Don’t worry, fake news is fake.
We no longer need to worry about this fine print type outrage.
Everyone knows they lie, no one trusts them, no set of talking points can correct this, no amount of lockstep reporting will change it.
The world knows Big Brother lies.
All the pounding on this subject just alienates viewers even more from the Media. Sure, there are 10-20% of viewers that are hard core leftists, but everyone else just thinks this is stupid and an invasion of privacy.
The Dems are in full retard mode and literally destroying their futures. I’m eating pop corn and enjoying the view...
Look at it this way - Donald Trump paid enough taxes to support about 700 welfare families in 2005
I still say I’d like to see MadCow frog marched off the set by the Justice Department.
Here ya go, from MSNBC:
http://www.msnbc.com/sites/msnbc/files/trump2005tax.pdf
Hmmmmm. Unsigned client copy, not from a government source....
I am wondering how it’s legal to broadcast someone’s private taxpayer information without their consent... I guess we are about to find out.
When will the police be making the arrests for this crime? It doesn’t need a lawsuit from Trump. The law has been broken.
I worked my whole life and retired with a net worth of 1.5 mil.
I don’t think I ever paid more that 10% on my gross income...
The thing that cracks me up about this particular obsession by the left...
And I’m fairly well-connected ...
NO ONE CARES.
It's worse than that. Trump's actual bottom line of real income was less than $50 million because there were legitimate write offs due to tax credits and expenses. That's why the fake AMT was added on, even though he was taking legitimate write offs which under the law are completely legal credits and expenses. The AMT was passed purely out of envy and spite by Liberals.
The press is fighting a losing battle and are too stupid to realize it. Even if Trump paid nothing, so effing what? Whatever he did to achieve that was done within the law else wise he would have been prosecuted for tax evasion.....like Al Sharpton.
No one mentions how much tax his companies pay in payroll taxes that go to the treasury.