Liberal Pundit Rachel Maddow Tries to Shock Trump with Taxes but Trump Gets the Last Laugh

MSNBC’s Rachel Maddow thought she had a major scoop on Tuesday. She thought she was about to broadcast the show of her life, the show that would etch her name in broadcasting history, the show that would make her a household name and destroy Donald Trump’s presidency at the same time. Instead, Maddow ended up with egg on her face, getting scooped by other agencies and reinforcing the idea that Donald Trump is a respectable businessman and a patriotic American.

A few hours before her show on Tuesday Maddow teased liberals by tweeting out that she had gotten hold of Trump’s tax returns and would be revealing them on her show…

Of course, her fans quickly went insane with hope and expectation.

But her fans were getting their hopes up for no reason because shortly before her show most of the American news media also got copies of Trump’s 2005 tax returns, rendering her big reveal moot. Though it wasn’t all for naught because we got to watch Rachel Maddow disappoint millions of liberals when she finally revealed that President Trump had paid a much higher tax rate than they could have imagined.

And conservatives laughed…

Some folks even called her big reveal… “Fake News”!

Sadly, for Maddow, in the hour or so before her big reveal was set to happen the White House decided to reveal President Trump’s 2005 tax return for themselves and several media outlets, including CNN ran with the story first.

The White House said Tuesday President Donald Trump earned more than $150 million in income and paid $38 million in taxes even after taking into account large scale depreciation for construction in response to questions about the coming publication of his 2005 return.

The $38 million was in addition to “paying tens of millions of dollars in other taxes such as sales and excise taxes and employment taxes,” a White House official said ahead of an anticipated MSNBC news report about the returns.

And the White House took the opportunity to wonder if Maddow had broken the law to get the return, or had simply encouraged someone else to break the law. “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,” a White House official said.

Maddow’s colleagues in the media quickly realized that the big build up for her show was nothing to get excited about and that Maddow way oversold her exclusive “scoop.” (Which she got scooped on.) And they mocked her mercilessly for it…

But, really… it gets worse, as CNN’s favorite liberal pundit Van Jones explains.

“Here’s the reality. If all we tonight is that Donald Trump paid $38 million to America’s government, that’s a good night for Donald Trump. I’m sorry. I was really hoping and praying that it would show that not only did he pay no taxes but he charged the government and got money back, but there’s nothing I could get excited about here.”

Indeed, in 2005, President Trump actually paid a much higher tax rate than most people in his income group.

Trump paid $38 million in taxes on $150 million of reported income that year, for an effective average tax rate of 25.3 percent.

But that year, those among the top 0.1 percent of taxpayers had an average tax rate of 22.48 percent, according to data from the Tax Foundation…

In fact, he paid more than others with his income.

You can watch every excruciating moment of Maddow’s big build up and reveal (of nothing but Trump’s legal and normal tax returns) below:

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