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Wednesday, March 15, 2017

Donald Trump Paid At A Higher Effective Federal Income Tax Rate Than Bernie Sanders And Barack Obama

The big story of the night is President Trump’s 2005 tax returns. As it turns out, he paid $38 million in taxes on over $150 million of income. Zero Hedge broke this down– he paid “$5.3 million in regular federal income tax, and an additional $31 million of ‘alternative minimum tax,’ or AMT.”

It’s an impeachable offense, clearly.

“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,” the White House said in a statement. “That being said, Mr. Trump paid $38 million dollars even after taking into account large scale depreciation for construction, on an income of more than $150 million dollars, as well as paying tens of millions of dollars in other taxes such as sales and excise taxes and employment taxes and this illegally published return proves just that.”

So, what’s the big takeaway? Are we supposed to feel angry? Outraged? Relieved? I have no idea. Trump paid what he was legally obliged to pay. Not seeing how that’s any sort of bombshell. But I’m fully expecting MSM to whine about his tax rate tomorrow. It’s coming, mark my words. That being said, we might as well get this out of the way.
Ah yes. Wasn’t Obama’s effective federal income tax rate 18.7 percent in 2015? And who could forget about everyone’s favorite senile socialist, Bernie Sanders?
Trump 2005 tax rate: 25%
Romney 2011 tax rate: 14.1%
Sanders 2014 tax rate: 13.5%
Obama 2015 tax rate: 18.7%




Anonymous said...

TRUMP needs to Hang the POS who leaked it to PMSNBC for Treason.

Anonymous said...

8:24. OMG YOU'RE SERIOUS!!!😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭

Anonymous said...

Treason? That's a little harsh. There are other laws in place for this, and I hope that Maddow and everyone involved down the line are charged with them.

Anonymous said...

Bernie "the fake" sanders campaigned on raising our takes to 80 percent while he was only paying 13.5 percent??? He is the biggest FRAUD to ever run besides Clinton.

Anonymous said...

If Donald Trump did not give his permission for this information to be displayed, then who ever provided it as well as broadcasted it should be held accountable. It does not matter if you were given the information by someone, if you chose to accept and display it on national television you are just as guilty. If someone were to give you drugs and you accepted them then were caught with them, does that not make you guilty as well? Treason is way to far as it has nothing to do with betraying your country. But it is a violation of his rights.

Anonymous said...

This is coming from Obama clinton Plants.

Anonymous said...

2005 Tax Return? Is Shummer Dumpster Diving again??