Last night Rachel Maddow illegally released Trumps tax return from 2005 on her show. After a half a day worth of buildup, she arrogantly and excitedly revealed that Trump paid his taxes! Yes, that’s what she revealed. He pays his taxes just like the rest of us. In fact he paid close to forty million dollars in taxes.
After the show aired, the White House blasted MSNBC. The statement reads as follows: “You know you are desperate for ratings when you are willing to violate the law to push a story about two pages of tax returns from over a decade ago,” the statement said. “Before being elected president, Mr. Trump was one of the most successful businessmen in the world with a responsibility to his company, his family and his employees to pay no more tax than legally required.”
After revealing that he paid his taxes, they started fishing for negatives. Her guest who allegedly had the taxes left in his mailbox made the claim that Trump most likely leaked the taxes himself. Later Maddow who was clearly disappointed with the results again went after Trump for not releasing his taxes. Trump has made it clear that he has been advised not to because there is an audit being done on them.
To make things even funnier, people started investigating Democrats tax returns. They looked into those Democrats who have constantly attacked him for not releasing his taxes. Let me break this down.
In 2005 President Trump paid $5,310,616 in regular tax, $31,261,179 in Alternative Minimum tax and $1,887,596 in self employment tax. That’s $38,593,910 total putting him at a tax rate of 25.3%.
People in the national average with similar income pay about 22.5% in tax, putting Trump a few points above average. In 2015 Obama paid 18.7% in tax, Bernie Sanders paid 13.5%. Those figures have been Tweeted, Facebooked and broadcast since Maddow’s broadcast. I wanted to take it a little bit further and look up some other folks on the left side who have attacked the president for not releasing and here is what I found.
- The Biden’s paid about 23.3% in 2015
- Elizabeth Warren paid 5.22% in 2008, 5.24% in 2009, 5.22% in 2010 and 5.17% in 2011
- Tim Kaine paid 20% in 2015
- Bill and Hillary jointly paid 30.6% in 2015. They both have separate business ventures so let’s break that down. Split that in half and that is 15.3% per Clinton.
- I can’t give you Nancy Pelosi’s tax rate because she REFUSES to release it. She said she will release them “if she runs for president”. Let’s hope that never happens.
At the end of the day, Trump paid more in taxes in 2005 than any of his Liberal critics have. I would like to believe that we have now ended another chapter in fake Liberal outrage, odds are we haven’t. They have attacked him from everything from how he eats his steak to how his staff members sit on couches. Strap in kids, it is going to be a long, wonderful and hilarious eight years.
By Joe Alexander. Joe lives in a log home up a two track in the woods in Michigan. He likes to speak for the average American, like his namesake.