Breaking News

Home / Unlabelled / SMH: They reveal Donald Trump's tax return (and he did and paid millions!)

SMH: They reveal Donald Trump's tax return (and he did and paid millions!)

March 15, 2017
Finally, a tax return by US President Donald Trump comes to light, who during and after his campaign refused to publish his statements as other presidential candidates have traditionally done.

Two pages of Trump's 2005 tax bill - tracked to MSNBC's Rachel Maddow show - show that the president paid $ 38 million in federal taxes and did well in his business at that time. That year reported, he earned about $ 153 million primarily in the real estate industry. This gain offset losses of $ 103 million, possibly from previous years. In short, the documents say, Trump earned more than $ 48 million.




Upon hearing through a Maddow tweet that he would reveal the information in his show Tuesday night, the White House was ahead of her in minutes and published the same information contained in those two pages.
Although Trump is a very wealthy man - according to him, his fortune amounts to more than $ 10 billion - he is not rich. According to these documents, in 2005 he was not in the club of the wealthiest billionaires in the country that exceed the annual profits of $ 100 million.

The two-page document does not reflect in depth the details of the magnate's business. These pages present general information such as real estate income or gains on investments in the stock market. Prior to the leaked documents, the latest tax information published by Trump was published in 1995, according to The New York Times, which reported losses of $ 916 million.

No comments

Subscribe to: Post Comments ( Atom )