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Rachel Maddow gets ahold of Trump's 2005 tax returns
Posted: Wed Mar 15, 2017 10:09 am
by Mori Chu
So if you haven't heard this story yet, Rachel Maddow of MSNBC hyped that she had gotten ahold of a leaked copy of Donald Trump's 2005 1040 tax form. She displayed and discussed it on air the other night. In general there were no "bombshell" things in it, so many felt that Maddow's stunt was overhyped and underdelivered.
http://www.slate.com/blogs/browbeat/201 ... tacle.html
https://www.bostonglobe.com/news/politi ... story.html
http://www.politico.com/story/2017/03/t ... dow-236066
The White House itself seemed to get wind that these forms were out in the wild and tried to get out ahead of the story by releasing its own statement about the taxes before Maddow went to air.
Here's a Twitter thread arguing that it is still newsworthy. Among the interesting things here are that Trump paid a lot of the tax he did pay because of a rule called AMT, the adjusted minimum tax. And currently the Trump administration is discussing reducing or removing the AMT. Hmm, isn't that convenient.
What do y'all think about this whole brouhaha?
Re: Rachel Maddow gets ahold of Trump's 2005 tax returns
Posted: Wed Mar 15, 2017 10:58 am
by ShelC
I can't stand Maddow and it seemed like a bait and switch for tune-ins.
Re: Rachel Maddow gets ahold of Trump's 2005 tax returns
Posted: Thu Mar 16, 2017 9:55 pm
by In2ition
Not much was learned here. It was hyped up as a gotcha, but seemed like on Maddow was got. Still don't believe it shows everything, bit I honestly don't care about his taxes. I just care about how much I'm paying.
Re: Rachel Maddow gets ahold of Trump's 2005 tax returns
Posted: Thu Mar 16, 2017 10:17 pm
by Flagrant Fowl
https://twitter.com/th3j35t3r wrote:Donald Trump married Melania Knaus in 2005. She had been a permanent resident since 2001. She became a US citizen in 2006. Part of the US naturalization checklist the last 5 years tax returns OR the last 3 years tax returns if married to a US citizen, which would be in Melania's case:
2003 single filing...
2004 single filing...
2005 joint filing with DJT
Melania's citizenship depended on a squeaky clean join tax filing in 2005. This is why Trump, yesterday, leaked his own (partial) 2005 1040 form. It was the only year he was forced to play by the rules.
This was a clear attempt to game the US public and media, distract from all the other shit that's going on, and make himself look as awesome as possible to his base.
If this was a 'leak' by a 'concerned 3rd party' there's no way it would be so beneficial to Trump.
Re: Rachel Maddow gets ahold of Trump's 2005 tax returns
Posted: Fri Mar 17, 2017 11:16 am
by Nodack
And just two pages.
Re: Rachel Maddow gets ahold of Trump's 2005 tax returns
Posted: Sat Mar 18, 2017 11:48 am
by Indy
In2ition wrote:Not much was learned here. It was hyped up as a gotcha, but seemed like on Maddow was got. Still don't believe it shows everything, bit I honestly don't care about his taxes. I just care about how much I'm paying.
It isn't about how he games the system and doesn't pay for things like the military. It is about where his financial obligations are.
Re: Rachel Maddow gets ahold of Trump's 2005 tax returns
Posted: Sat Mar 18, 2017 11:48 am
by Indy
Nodack wrote:And just two pages.
That were stamped "Client Copy"
Re: Rachel Maddow gets ahold of Trump's 2005 tax returns
Posted: Sun Mar 19, 2017 1:47 pm
by Mori Chu
The most interesting thing I gleaned from the 2005 Trump tax returns is that he pays most of his tax due to the Alternate Minimum Tax (AMT), a tax rule that Trump currently wants to get rid of. This would eliminate much of his tax burden and allow him to pay almost zero tax for all of his businesses.
Re: Rachel Maddow gets ahold of Trump's 2005 tax returns
Posted: Sun Mar 19, 2017 3:06 pm
by Superbone
I guarantee you when Trump's 4 years are up (if he makes it that long), the laws are going to be more favorable to him and his businesses than they were before his reign (of terror).
Re: Rachel Maddow gets ahold of Trump's 2005 tax returns
Posted: Sun Mar 19, 2017 3:09 pm
by Cap
That makes him smart. :-/
Re: Rachel Maddow gets ahold of Trump's 2005 tax returns
Posted: Sun Mar 19, 2017 4:13 pm
by Superbone
Cap wrote:That makes him smart. :-/
Yeah, that should be the agenda for all POTUSes. "Don't ask what you can do for your country, but what your country can do for you." Right?
Re: Rachel Maddow gets ahold of Trump's 2005 tax returns
Posted: Sun Mar 19, 2017 4:25 pm
by In2ition
Wasn't that how the Kennedys made and kept their family fortune(along with bootlegging)? I thought I heard that the family doesn't pay income tax, as a family member wrote into law a provision that only applied to their family, releasing them from such a burden.
Re: Rachel Maddow gets ahold of Trump's 2005 tax returns
Posted: Tue Mar 21, 2017 5:53 pm
by Nodack
I haven't heard of that. Can you link the article?