Much ado about tax returns.
“MSNBC’s Rachel Maddow teed up a major scoop about President Donald Trump’s taxes on Tuesday night — only to end up disappointing many in the political-media establishment with a report that was widely characterized as overhyped.
“The big reveal, which Maddow did not get to until after a lengthy monologue and commercial break, showed that in 2005 Trump paid $38 million in federal income taxes on a reported income of $150 million.
“That information was based on two pages of an IRS 1040 form supplied to journalist David Cay Johnston, who was a guest on Maddow’s show.
“By the time Maddow got around to sharing that information, it had already been supplied by the White House and published on The Daily Beast, where Johnston is a columnist. Even so, the documents left the public with more questions than answers.”
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