- Feb 12, 2007
- 59,439
- 24,106
- 2,290
They were hopeful he didn't pay any tax........Sorry you're disappointed. He had nothing to hide. It's just none of your business.
Mr. Trump paid $38 million in federal income taxes on reported income of $150 million, an effective tax rate of 25 percent.
So freaking AWESOME! Trump paid a higher rate of income taxes than NBC, Obabble and Bernie...and higher than the ratio of Fed Spending compared to GDP.
And, the only way we know this is because some federal employee Obama Mole committed a felony by releasing this info.
Bullshit. Spin those numbers. Your effective tax rate is bogus. It totally ignores one hundred million in losses carried forward. Funny, you don't deduct the deductions on all those other returns you are comparing from income and yet you do deduct Trump's losses from past years.
Furthermore, he only paid what he paid because of the Alternative Minimum Tax. A tax Trump and the Republican party opposes. In fact, without the AMT Trump would have paid a tax of just a few million and had a real effective rate somewhere south of FIVE PERCENT.
^^^ Spin Spin Spin Spin ^^^
Do you pay more taxes than what you legally owe under the Tax Laws designed by Big Government?
I bet you don't.