Rachel Maddow’s release of Trump’s 2005 “client copy” tax return flops

President Donald Trump earned $153 million and paid $36.5 million in income taxes in 2005,” according to the Associated Press.The pages from Trump’s federal tax return show the real estate mogul also reported a business loss of $103 million that year, although the documents don’t provide detail. The forms show that Trump paid an effective tax rate of 24.5 percent, a figure well above the roughly 10 percent the average American taxpayer forks over each year, but below the 27.4 percent that taxpayers earning 1 million dollars a year average were paying at the time, according to data from the Congressional Joint Committee on Taxation.