Rachel Maddow’s Big Trump Tax Scoop … Donald Trump Paid A lot in Taxes in 2005 … But a Greater Percentage Than Obama and Bernie Sanders
ARE YOU KIDDING ME … I FELT LIKE I WAS WATCHING GERALDO RIVERA OPEN AL CAPONE’S VAULT.
Last night on MSNBC, Rachel Maddow claimed in having Trump’s tax returns to have the biggest scoop since, hmm, since, well nothing. In their effort to attack, embarrass and continually go after President Donald J. Trump, the LEFT has embarrassed themselves. Thank You Rachel Maddow for this over-hypes “Nothing Burger.” In fact, Rachel Maddow has proves some Democrat and Hillary Clinton 2016 campaign lies that Trump paid no taxes. WRONG, he paid $38 million and an effective tax rate of 25%. Thank you again Racel Maddow, you know who paid less than Trump … why that would be the darlings of the LEFT, Barack Obama and Bernie Sanders.
And much like Geraldo back in the day with his live TV reveal of the contents of Al Copone’s vault, Maddow’s was a similar career suicidal event on live TV. Maybe worse, because she knew what was in the
vault tax returns.
MSNBC host Rachel Maddow spent hours touting a massive scoop: She — or more accurately, veteran investigative reporter David Cay Johnston — had gotten her hands on President Trump’s 2005 federal tax return.
That return, the political universe speculated, might hold the key to unlocking the single biggest mystery surrounding Trump: His financial affairs. After all, this is a president who broke with decades of tradition by refusing to release his tax returns — any of them — during the 2016 campaign, insisting that he was under audit.
The return wasn’t the key. Not even close. (That it took Maddow more than 20 minutes into her show to get to the numbers meant that she was scooped on her own scoop.)
First, the basics: Trump made more than $150 million in 2005 and paid $38 million in taxes that year, according to the two-page summary materials mailed to Johnston this week.
Now, the history: Trump has repeatedly said that he did everything he could to pay as little tax as possible — a position, he insisted, that not only made him smart but also one that lots and lots of voters seemed to agree with. “I fight very hard to pay as little tax as possible,” Trump told ABC in May 2016.
MSNBC OVER HYPES THEY HAVE TRUMP TAX RETURN FROM OVER A DECADE AGO …
Its exactly this type of investigative journalism that has MSNBC with less viewers than blogs do readers. In an effort to embarrass and destroy President Donald Trump, they instead have unwittingly helped him. Trump’s 2005 tax returns showed he made a lot of money. We already knew that, Trump is a successful business man. The 2005 return also shows that he paid a lot of taxes, $38 million to be exact.
The White House said on Tuesday that President Donald Trump paid $38 million in federal income taxes in 2005 — on $150 million in earnings — offering a small glimpse at the president’s personal finances, which Trump has so far kept almost entirely private.
The administration offered those details in a statement after journalist David Cay Johnston published two pages of tax information about the president, apparently from Trump’s 2005 return. The revelations were simultaneously broadcast on MSNBC’s “The Rachel Maddow” show, which included an interview with Johnston. Based on the information on the two pages, Trump paid an effective tax rate of about 25 percent.
If MSNBC wanted to do real investigative journalism, maybe they might want to discover how a private citizen’s tax return was illegal gotten?
Flashback: Obama Mocks Trump For Suggesting He Can Bring Jobs Back … Guess What 235,000 Jobs Created in First Month of Trump Presidency
REMEMBER WHEN THIS FOOLISH PRESIDENT MOCKED TRUMP ABOUT CREATING JOBS?
Remember during the 2016 presidential campaign when Barack Obama mocked candidate Donald Trump for his ability to bring jobs back and create them. Like everything during the Obama years, it was all one big joke, made by Obama who could have cared less to have America employed or help the hard working men and women of America find a good paying job. Obama mocked Trump by saying, did he have a magic wand. Hmm, I guess Trump did have a magic wand and an answer. You Obama, had none.
Take a look at the ADP jobs numbers for February where 295,000 were created and the government jobs number of 235,000 jobs created. It would appear that President Trump knows exactly what he is doing and Obama did not have a clue. Obama wanted America to get used to no jobs growth stating that’s just the way it is and President Trump wants to Make America Great Again!!!
ITS NOT JUST A TRUMP BUMP, ITS TRUMP MAKING AMERICA GREAT AGAIN …
The jobs numbers are in for President Donald Trumps first full month in the White House and they are fantastic. The U.S. economy added 235,000 jobs in February and the unemployment rate at 4.7%. However, look for this number ti go back up as millions of people will get back into the work force as they see jobs are being created. During the 2016 campaign Donald Trump promoted jobs, jobs, jobs and it appears that he is coming trough on that promise creating an environment favorable to business and job growth. From CNS News, a record 152,528,000 Americans were employed in February, 447,000 more than in January, and the labor force participation rate went up, the Labor Department’s Bureau of Labor Statistics reported on Friday. Also, job gains for December and January were revised up by 9,000. December’s was revised to 157,000 from 155,000, and January’s to 238,000 from 227,000.
The U.S. economy added a robust 235,000 jobs in February, the Labor Department said Friday.
The unemployment rate ticked down to 4.7%. Unemployment peaked at 10% in 2009, after the financial crisis.
Economists say it will be a challenge for Trump to fulfill his promise to create 25 million jobs over the next 10 years. The unemployment rate is already very low, and many Baby Boomers have either retired or left the job market.
At least in his first full month, though, Trump is on pace to fulfill that promise.
Last year the economy averaged about 190,000 new jobs per month. The economy is showing other signs of strength: Consumer and business confidence is high and stocks are at record levels.
Wage growth continued showing signs of progress after persisting at a sluggish pace for years until 2016. Wages grew a solid 2.8% in February compared with a year ago.
The participation rate, which shows the share of working-age people in the labor force, increased to 63 percent, the highest since last March, from 62.9 percent. It has been hovering close to the lowest level in more than three decades.
The number of people out of the labor force, a figure repeatedly highlighted by Trump as a sign of economic malaise, fell by 176,000 to 94.2 million.
Sixty-three percent of Americans either held a job or actively looked for one in February, the highest participation rate in ten months.
The number Americans not in the labor force continued to drop, to 94,190,000 in February, 176,000 fewer than in January and well below the record of 95,102,000 set in December 2016.
And there’s more good news in the February jobs report, the first one to cover a full month of the Trump presidency:
According to BLS, the economy added 235,000 jobs last month and the February unemployment rate dropped a tenth of a point to 4.7 percent.
The 94,190,000 million people counted as not participating in the labor force in February includes millions of baby boomer retirees, students, the disabled, homemakers and others who do not work for various reasons.
JOBS, JOBS, JOBS … MAKING AMERICA EMPLOYED AGAIN!!!
As per CNBC, employment in the private sector went through the roof in February 2017 as 298,000 jobs were created!!! The market expectation was 190,000, a 91% increase. Welcome to the President Donald Trump “Making America Great Again” economy.
As I have stated in the past and will continue … what are Democrats, the LEFT and the MSM going to do and say when the Trump Administration succeeds for the American people? Do you really want to be on the erong side and look like you are trying to obstruct the economy and jobs? Good luck in 2018.
Companies added jobs at a blistering pace in February, with a notable shift away from the service-sector positions that have dominated hiring for years, according to a report Wednesday.
Employment in the private sector surged by 298,000 for the month, with goods producers adding 106,000, ADP and Moody’s Analytics said. Construction jobs swelled by 66,000 and manufacturing added 32,000.
The total shattered market expectations of 190,000, according to economists surveyed by ADP. The blockbuster report also solidified market expectations for the Fed to hike interest rates next week. Probability for an increase jumped to 91 percent after the release, according to the CME.
The year is off to a sizzling start for job creation, according to the ADP counts. January added 261,000 positions, a number that was revised upward from the originally reported 246,000.
“Confidence is playing a large role,” Mark Zandi, chief economist of Moody’s Analytics, told CNBC. “Businesses are anticipating a lot of good stuff — tax cuts, less regulation. They are hiring more aggressively.”