During the presidential campaign a debate was brewing over then candidate Donald Trump releasing his tax returns. The candidate said he couldn’t/wouldn’t because he was under an IRS audit. Fast forward to Tuesday night, when MSNBC host Rachel Maddow revealed that she had a copy of the president’s 2005 tax return. From then on the media brouha began.
What’s your take on this story?
Here’s the morning coverage, including Breitbart’s various headlines, and of course many are asking if the president leaked the return himself (watch video at end):
In the hours since, the headlines have varied, and President Trump had one brief twitter comment about it, calling it FAKE NEWS, the rest of the morning tweets covered the president’s travel plans…
MSNBC: The exclusive from MSNBC’s Rachel Maddow show:
New York Times: Trump Wrote Off $100 Million in Losses in 2005, Leaked Forms Show
President Trump wrote off more than $100 million in business losses to reduce his federal taxes in 2005, according to forms made public on Tuesday night: a rare glimpse at documents that he had refused to disclose since becoming a candidate for the nation’s highest office.
Mr. Trump paid $38 million in federal income taxes on reported income of $150 million, an effective tax rate of 25 percent, according to forms disclosed on Rachel Maddow’s MSNBC show. By claiming losses, Mr. Trump apparently saved millions of dollars in taxes that he would otherwise have owed.
Breitbart: The main page of this mornings edition
Veuer: Some are speculating that President Trump himself might have leaked the tax returns MSNBC’s Rachel Maddow shared on her show. Matt Hoffman reports.