Here's the Biggest Revelation From Donald Trump's Leaked Tax Return

Summary

President Donald Trump earned $150 million and paid $38 million in taxes in 2005, according to the cover page of his tax returns from that year, which were leaked to reporter David Cay Johnston and highlighted on the Rachel Maddow ShowTuesday night. According to an analysis of the returns posted on Johnston's website, Trump and his wife Melania paid just $5.3 million in income taxes, a rate of about 4 percent. The couple paid another $31 million in the alternative minimum tax.

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