The White House unveils 2005 Trump Returns

The White House unveils 2005 Trump Returns

The White House said President Donald Trump had earned more than $ 150 million in 2005 and had paid $ 38 million in income taxes that year.

This information was unveiled shortly after MSNBC host Rachel Maddow reported receiving some of Mr. Trump’s 2005 tax returns.

Maddow reported on Tuesday night. The documents were obtained by Pulitzer reporter David Cay Johnston, who said they had received them in the mail, unsolicited.

According to documents obtained by Mr. Johnston, Mr. Trump paid $ 36.5 million in income tax of $ 153 million, at a tax rate of about 24%. This rate is higher than the average of 10% per year for the average American – but below the average of 27.4% for taxpayers with incomes of more than $ 1 million per year , According to data from a congressional committee on taxation.

The White House had tried to prevent the blows, saying that publishing tax returns was illegal. The Trump administration said it was desperate to want ratings to be ready to “break the law for a two-page story on a tax form that was over 10 years old.”

Refusal categorical in the field

Mr. Trump refused to disclose his tax returns during the election campaign, breaking with a tradition of several decades. He argued that he was the subject of an audit.

He argued for a long time that the American population was not interested in his tax returns and that they were not revealing. But his complete declarations would provide key details including donations and income earned each year.

His rival Hillary Clinton had attacked him on this front many times, suggesting that he had things to hide.

The White House has not indicated if Mr. Trump intended to unveil his documents during his tenure as President.

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