Tue, Mar. 14, 2017: White House releases info on Trump’s 2005 tax return

President Donald Trump paid $38 million in taxes on more than $150 million in income in 2005, the White House said on Tuesday, responding to an MSNBC report that the network had obtained two pages of the returns.

MSNBC host Rachel Maddow said she received the documents from journalist David Cay Johnston, who said on her show that he received them in the mail.

The returns, which MSNBC posted on its website, showed Trump paid an effective federal tax rate of 25 percent in 2005 after writing off $100 million in losses. Continue reading “Tue, Mar. 14, 2017: White House releases info on Trump’s 2005 tax return”

Tue, Mar. 14, 2017: Trump meets with Saudi Deputy Crown Prince Mohammed bin Salman

President Donald Trump met with Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman at the White House on Tuesday for a discussion likely to touch on economic relations and efforts to stop the war in Syria.

Trump, who took office in January, and Prince Mohammed, who is also the kingdom’s defense minister, kicked off their talks in the Oval Office, where they posed for a picture in front of journalists and did not take questions.

The meeting was the first since Trump’s Jan. 20 inauguration with the prince, who is leading the kingdom’s efforts to revive state finances by diversifying the economy away from a reliance on falling crude oil revenues. Continue reading “Tue, Mar. 14, 2017: Trump meets with Saudi Deputy Crown Prince Mohammed bin Salman”