MSNBC’s epic fail attempted takedown of Donald Trump over his 2005 tax returns on Tuesday night turned into, as its sister network CNBC put it, “a nice victory” for The Donald. For the gift, Donald Trump Jr. took to Twitter Tuesday night to thank MSNBC host Rachel Maddow personally.
“Thank you Rachel Maddow for proving to your #Trump hating followers how successful @realDonaldTrump is & that he paid $40mm in taxes!” tweeted Trump’s son.
As the Daily Wire reported, after teasing the release of Trump’s tax returns in the hour leading up to her 9 p.m. show on Tuesday, Maddow finally presented the big reveal: Trump paid over $36 million in federal taxes on over $150 million in reported income. As the Daily Wire’s John Nolte points out, MSNBC just proved that two of the major narratives promoted by the establishment media over the last year were nothing but fake news and Maddow’s big reveal yet another “yuge black eye” for the media:
MSNBC’s Rachel Maddow and her employer, NBC News, will hopefully never be allowed to live down the total disaster that was the Peacock Network’s decision to CaponeVault the biggest non-story in the history of non-stories. But make no mistake, last night was yet-another massive black eye for all of our national media, an institution that for nearly a year has been smearing President Trump as a tax cheat who is nowhere near as wealthy as he claims.
The truth about Trump’s taxes, as we now know it, is quite the opposite of the MSM’s Narrative. In a single year (2005), Trump made a whopping $153 million. On top of that, he paid $36.5 million in taxes, which, according to the AP, is an “effective tax rate of 25%.” As Matt Drudge is currently pointing out, that puts Trump’s tax rate well above that of millionaire Barry Obama’s (19%), well above socialist Bernie Sanders’ (13%), just over Joe Biden’s (23%), and above that of the massive multinational corporation, Comcast, that owns MSNBC (24%).
After Maddow initially tweeted that she was going to reveal Trump’s tax returns on Tuesday evening, the White House beat her to the punch and disclosed all the key numbers. In classic Trumpian fashion, the White House also took the opportunity to smack MSNBC for the “desperate” move and pointed out that it is illegal to disclose a taxpayer’s information without consent:
“You know you are desperate for ratings when you are willing to violate the law to push a story about two pages of tax returns from over a decade ago. Before being elected President, Mr. Trump was one of the most successful businessmen in the world with a responsibility to his company, his family and his employees to pay no more taxes than legally required. That being said, Mr. Trump paid $38 million dollars even after taking into account large scale depreciation for construction, on an income of more than $150 million, as well as paying tens of millions of dollars in other taxes, such as sales and excise taxes and employment taxes and this illegally published tax return proves just that.”
Full statement below:
MSNBC’s massive backfire went so well for Trump, in fact, that some are speculating that Trump himself sent DC Report‘s David Cay Johnston (who helped break the story) the two-page summary of his 2005 returns.
More from the Daily Wire on the Trump tax returns media fail:
H/T The Hill