David Cay Johnston: How Trump Pays So Little in Taxes and Plans to Change Tax Law to Pay Even Less
by mail@democracynow.org (Democracy Now!) from Democracy Now! on (#2FYS9)
Two pages from Trump's tax return were obtained by Pulitzer Prize-winning investigative journalist David Cay Johnston of DCReport, who appeared last night on "The Rachel Maddow Show" on MSNBC. The 2005 tax return shows Trump earned $153 million-or more than $400,000 a day. Trump paid out $36.6 million in federal income taxes, much of it in the form of what's known as the alternative minimum tax, which Trump now wants to eliminate. For more, we speak with investigative journalist David Cay Johnston, who obtained part of Trump's 2005 tax returns and who has won a Pulitzer Prize for his reporting on tax law.