Trump's Taxes

CAL THOMAS COMMENTARY MARCH 16, 2017

         TWO PAGES OF DONALD TRUMP’S 2005 TAX RETURNS WERE HYPED ON RACHEL MADDOW’S TV SHOW TUESDAY NIGHT. THEY SHOW IN THAT YEAR TRUMP DECLARED $150 MILLION IN EARNINGS AND PAID $36.5 MILLION IN FEDERAL TAXES, A RATE OF TWENTY-FIVE PERCENT. THAT’S A HIGHER RATE THAN BARACK OBAMA, BERNIE SANDERS AND HILLARY CLINTON. CLINTON SUGGESTED DURING THE CAMPAIGN THAT TRUMP MAY NOT HAVE PAID ANY TAXES.

         HOW DID MADDOW AND INVESTIGATIVE REPORTER DAVID KAY JOHNSTON ACQUIRE THE FORMS? DID A TRUMP OPPONENT INSIDE THE IRS LEAK THEM, WHICH WOULD BE A FELONY, OR DID JOHNSTON GET THEM DIRECTLY, OR INDIRECTLY, FROM TRUMP HIMSELF TO MAKE HIM LOOK GOOD? WE MAY NEVER KNOW.

         I HAVE LONG ARGUED THAT WE FOCUS ON THE WRONG THING. THE FEDERAL GOVERNMENT IS TAKES IN RECORD AMOUNTS OF TAX MONEY, MUCH OF WHICH IT MISSPENDS. IT NEVER HAS ENOUGH BECAUSE IT CAN’T LIVE WITHIN OUR MEANS. RONALD REAGAN USED TO SAY WE HAVE A DEFICIT NOT BECAUSE THE AMERICAN PEOPLE ARE TAXED TOO LITTLE, BUT BECAUSE THEIR GOVERNMENT SPENDS TOO MUCH. SPENDING, NOT TAXING IS THE ISSUE. DONALD TRUMP PAID A LOT IN TAXES, BUT HIS GOVERNMENT SPENT ALL OF IT AND MORE. THAT’S THE REAL PROBLEM. I’M CAL THOMAS IN WASHINGTON.