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not much there, too much taxes paid | the global dispatch

not much there, too much taxes paid | the global dispatch News Article With The full text news. The Resource Link is down the post and you can View this News Article in the source page.



not much there, too much taxes paid | the global dispatch

share thistagsdonald trumptaxestrump tax returnsi wasted an hour of my life watching the rachel maddow show last night for the huge revelation of two-pages of president donald trump’s 2005 tax return.photo/ donkeyhoteyapparently, the pages were left in the mailbox of a reporter named david cay johnson.while i watched the host and her guests try to connect dots that really weren’t there for an entire hour (painful), there were some definitive facts drawn from it–mr trump, at least in 2005, paid an awful lot in federal taxes (it’s not clear how much state and local taxes he paid that year.)he paid $38 million in taxes on income of more than $150 million in 2005, or roughly 25 percent! even socialist senator bernie sanders, who wants the government “free” this and “free” that, paid about 13 percent of his 2014 income (remember that even sander’s supporters wouldn’t pay more in taxes for “free” health care).that seems like an awful lot to me.now i’m not a “trumpeter” and i will not go overboard over this revelation since i have no clue what he paid in other years, but clearly the 2005 return shows he paid a lot.in 2005, mr trump’s taxes paid could have taken care of the following federal expenditures: $6,285,000 for wood utilization research; $3,973,000 for shrimp aquaculture research; $1,790,000 for berry research; $1,108,000 for alternative salmon products; $250,000 for asparagus technology; $469,000 for the national wild turkey federation; $...