|
To receive daily emails from Breaking Christian News to your inbox CLICK HERE
President Trump's Tax Return is Leaked: You May Be Surprised at What it Reveals"You know you are desperate for ratings when you're willing to violate the law to push a story about two pages of tax returns from over a decade ago." -White House Statement
It's Donald Trump's taxes. One of the president's leaked returns was disclosed on cable television last night and it reveals more than his political opponents expected. TV host Rachel Maddow released details of Trump's leaked 2005 tax return on her MSNBC show. She received the two-page 1040 tax form from financial journalist David Cay Johnston. Johnston says an unknown source sent it to his mailbox, but he offered some speculation on one possible source. "Let me point out that it is entirely possible Donald sent this to me. Donald Trump over the years has leaked all sorts of things," Johnston said. Democrats made Donald Trump's unwillingness to release his tax returns a top issue of the 2016 presidential campaign. "Maybe he doesn't want the American people, all of you watching tonight to know that he has paid nothing in federal taxes," she insisted. But contrary to speculation by Clinton and other political opponents, Trump's leaked 2005 tax return shows he paid $38 million in taxes on an income of more than $150 million. He also paid tens of millions of dollars in additional excise, sales, and employment taxes. His tax rate: 25 percent.
Responding to the leaked tax return, the White House released a statement saying, "You know you are desperate for ratings when you're willing to violate the law to push a story about two pages of tax returns from over a decade ago." The White House went on to say, "The dishonest media can continue to make this part of their agenda, while the president will focus on his, which includes tax reform that will benefit all Americans." It is illegal for the IRS or anyone to obtain and release a person's federal tax returns without their permission, although journalists are protected if they report the returns if the information comes from an outside source. And the question remains—who sent the 2005 tax return to Johnston? Jill Colvin, Associated Press White House Reporter asks was it Trump, or someone else? "Where these came from is going to be one of the key questions going forward. Who else has copies of these? How many of them exist? Are we going to start seeing other copies from different years pop up?" 
To receive daily emails from Breaking Christian News to your inbox CLICK HERE
Other Recent Articles from Breaking Christian News Worldwide Implications of the UAE's OPEC Exit Democrat Activist Texas Judge Rules State Agency Must Greenlight 400-Acre Islamic City Near Dallas New Footage of Trump Assassination Attempt Released. Here's What It Shows [Video] MAHA Victory on Capitol Hill as GOP Agrees to Drop Special Pesticide Protections SPLC's Indictment Prompts Loss of Donations from Vanguard, Fidelity Charitable Programs President Trump Signs Bill to Fund DHS, Ending the Democrat Shutdown Evidence Young People Are Turning to Christianity Isn’t Anecdotal; It’s Real 100 Missionaries Deploy to 10/40 Window amid Increasing Reports of Visions of 'The Man in White' WATCH: Millionaire Tax Critic Says AGO, Dems Played Politics Instead of Protecting Residents Total Victory: Florida Congressional Maps Are Now Official Ex-Muslim Flees Iran, Says Jesus Appeared in Dreams to Family Members May Day Protests are Coming. Urgent Prayers Needed! Anthony Fauci's Former Senior Adviser Indicted for Role in COVID Cover-up Feds Raid More Than 20 Sites in Minneapolis Fraud Probe This is a Spiritual Battle over America; Take Your Place Praising God, Our Worship is Warfare! |
Subscribe to
|
(Washington, DC)—[
That's higher than 2012 Republican presidential nominee Mitt Romney paid in 2011. (Screengrab via Fox News)
All articles on this site and emails from BCN are copyrighted property of Breaking Christian News. Permission is given to link to, or share a BCN story if proper attribution is given to both the original writer and summarizer of the story. Breaking Christian News 2005-2019. All Rights Reserved.
Breaking Christian News is a division of Elijah List Publications, Inc. All Rights Reserved
Disclaimer: Articles and links, as well as the source articles linked to; do not necessarily reflect the opinion of Breaking Christian News.
| Home | Store | Subscribe | Facebook | Article Archive |