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What's Wrong With Rachel Maddow's Trump Income Tax 'Scoop'?
Investor's Business Daily ^ | 3/15/2017 | Staff

Posted on 03/15/2017 1:36:37 PM PDT by IBD editorial writer

Media: The mainstream press turned on Rachel Maddow after her disastrous attempt to drum up ratings by hyping a humdrum Donald Trump tax return. Why are they upset? She just did what they've been doing since Trump got elected.

After teasing a "huge scoop" on Twitter — that she had Trump's tax returns — Maddow got scooped by the White House, which announced a half-hour before her show started that Trump paid $38 million in taxes in 2005, which was all Maddow had.

That's a huge amount of taxes by any standard, and represented 24% of Trump's income that year. It didn't take long for others to point out this effective rate was higher President Obama's (19%) or Socialist Bernie Sanders (13%), or even the average paid by MSNBC's parent company, Comcast, between 2008 and 2012 (24%).

Trump's tax rate also happens to be far higher than the richest 1% — or even the richest 0.001% — of taxpayers paid that year, according to IRS data. In fact, filers making $50 million or more in 2005 paid an average tax rate of 19%.

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: maddow; media; msm; msnbc; rachelmaddow; taxes; trump; trumptaxes

1 posted on 03/15/2017 1:36:37 PM PDT by IBD editorial writer
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To: IBD editorial writer

Ryan Maddow is just trying to pump his ratings.


2 posted on 03/15/2017 1:39:01 PM PDT by ErikJohnsky
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To: ErikJohnsky

She is properly addressed as Rachel MadCow.


3 posted on 03/15/2017 1:39:59 PM PDT by 2harddrive
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To: IBD editorial writer
The old spin didn't work. The new spin: Trump leaked his income tax statement to make me look like a fool.
4 posted on 03/15/2017 1:42:05 PM PDT by HarleyD
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To: HarleyD

Then it worked! You’ve been Trumped!


5 posted on 03/15/2017 1:47:52 PM PDT by Zarro (Oh, we don't call them the "MSM" any longer; they are now the "Basket of Detestables")
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To: IBD editorial writer
There are several things wrong with this story.
6 posted on 03/15/2017 1:55:47 PM PDT by DannyTN
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To: DannyTN

But MadCow feels the daily yearning to get viewership numbers sufficient to beat at least one of the Fox News hosts. If he/she has to throw his/her political party under the bus to achieve that end, so be it.


7 posted on 03/15/2017 1:59:56 PM PDT by Two Kids' Dad (((( Make America America Again ))))
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To: IBD editorial writer

Madcow: We’re above the law. Next story?


8 posted on 03/15/2017 2:06:42 PM PDT by SkyDancer (Ambition Without Talent Is Sad, Talent Without Ambition Is Worse)
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To: ErikJohnsky

In her...him...xie...xir...zim-zala-bim’s defense, there was no indication that they had anything nefarious, just that they had his “tax returns”, which was true.

It was sure to be a ratings booster and tweeting a teaser was perfectly reasonable. Likely a bit too vague to live up to the hype and deranged expectations of the libs though.

After that tweet went out, they likely had a “oh crap” moment.


9 posted on 03/15/2017 2:22:44 PM PDT by VanDeKoik
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To: IBD editorial writer

It’s a FELONY.

Law states: if you steal it, expose it, remove it from the IRS offices, show it in public, mail it to someone, give it to someone, IT ALL COUNTS AS COMMITTING A FELONY.

And .. hating Donald J. Trump is not a valid excuse.

I hope they all go to jail.


10 posted on 03/15/2017 2:23:47 PM PDT by CyberAnt ("Peace Through Strength")
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To: IBD editorial writer

By the way, Trump probably paid millions in NY state tax, and NYC municipal tax in addition to the Federal tax shown on the 1040 Form.


11 posted on 03/15/2017 2:50:58 PM PDT by Pearls Before Swine
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To: IBD editorial writer
That's a huge amount of taxes by any standard, and represented 24% of Trump's income that year. It didn't take long for others to point out this effective rate was higher President Obama's (19%) or Socialist Bernie Sanders (13%), or even the average paid by MSNBC's parent company, Comcast, between 2008 and 2012 (24%).

Where is the percentage from the Left's Savior: Hillary?

12 posted on 03/15/2017 3:31:06 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: IBD editorial writer

I wonder... my tax guy I’ve use for years has turned out to be the most hateful anti-Trumper on earth....I wonder how he reacted to seeing Trump pay so much because im sure he thought Trump was a tax cheat on top of every thing else..I just wonder if it gave him pause to rethink


13 posted on 03/15/2017 3:33:11 PM PDT by tophat9000 (Tophat9000)
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To: CyberAnt
Law states: if you steal it, expose it, remove it from the IRS offices, show it in public, mail it to someone, give it to someone, IT ALL COUNTS AS COMMITTING A FELONY.

ONLY if you can catch the PERP!

If it is given to a 'journalist' to release; then yur home safe!

Source protection


https://en.wikipedia.org/wiki/Protection_of_sources



14 posted on 03/15/2017 3:34:03 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: IBD editorial writer
You know.. its been suggested Trump leak this himself...

An you know the timing makes me think this is very likely...

Think about it..its one month till tax day..April 15...

Everyone is focus on their own taxes right now so they relate to the hand in their pocket right now.

Everyone is seeing what is taken from them...

So this is the prefect time for for this for people to see Trump paid 38 mil...

Because people will focus on and relate to what he paid..38 million dollars in federal tax in just one year

15 posted on 03/15/2017 3:48:32 PM PDT by tophat9000 (Tophat9000)
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To: IBD editorial writer

Oh, the yuge controversy!

Trump made a lot of money, Trump paid a lot of taxes!

Who could have seen that coming?


16 posted on 03/15/2017 4:12:07 PM PDT by TigersEye (We all have a stake in MAGA! We all need to contribute our efforts.)
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To: Elsie

Good luck with that.


17 posted on 03/15/2017 6:40:51 PM PDT by CyberAnt ("Peace Through Strength")
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To: VanDeKoik

It was ALL A FELONEOUS ACT.

AND .. DON’T FOOL YOURSELVES .. THERE ARE FINGERPRINTS ALL OVER THIS ACT .. AND YOU NEVER KNOW WHO WILL BE CAUGHT.


18 posted on 03/15/2017 6:46:21 PM PDT by CyberAnt ("Peace Through Strength")
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