| | | | 10 things to remember about Donald Trump's taxes | | Happy Tax Day! You have until midnight tonight to file with the IRS -- or, like President Donald Trump -- to ask for an extension.
In honor of this worst of "holidays," here are 10 things you shouldn't forget about Trump's taxes.
1. Trump has never released any year of tax returns.
2. He is the first major party presidential candidate not to release any returns.
3. He is the first president in the modern era not to release any tax returns.
4. In 2014, Trump said this about his taxes: "If I decide to run for office, I'll produce my tax returns, absolutely. And I would love to do that."
5. In January 2016, Trump said this about his taxes: "I have very big returns, as you know, and I have everything all approved and very beautiful and we'll be working that over in the next period of time."
6. Trump has insisted since the 2016 campaign that he cannot release his taxes because he is being audited. Richard Nixon released his taxes in 1973 when he was a) president and b) under audit.
7. Trump has said his personal financial disclosure forms tell you much more about his finances than a tax return. That's not right.
8. In 2017, MSNBC anchor Rachel Maddow got her hands on the first two pages of Trump's 2005 tax return. It showed he had earned $150 million and paid $38 million in taxes that year.
9. In 2016, The New York Times reported on Trump's 1995 tax return, which showed he reported $916 million in losses that year alone.
10. At the first 2016 general election debate, Hillary Clinton suggested Trump's refusal to release his tax returns was rooted in the fact he didn't pay any taxes at all. "That makes me smart," Trump retorted.
The Point: Don't hold your breath waiting for Trump to release his tax returns, because no one can hold their breath forever.
-- Chris | | "Now it is indeed the southern White House."
-President Donald Trump re: Mar-a-Lago, during remarks with Japanese Prime Minister Shinzo Abe.
BTW: Per CNN's Kevin Liptak, Abe ordered white caps emblazoned with the words "Donald & Shinzo: Make Alliance Even Greater." | | | For a second year in a row, President Donald Trump is skipping the White House Correspondents Dinner. The annual dinner typically includes both journalists and politicians, and features jokes about both sides of the aisle.
Instead, Trump will appear at a campaign rally in Washington, Michigan, on Saturday, April 28, at 7 p.m, Donald J. Trump for President Inc. announced Tuesday.
"While media celebrate themselves with D.C. Swamp, President celebrates American economic revival," the press release reads.
More from CNN's Caroline Kenny. | | From CNN's MJ Lee and Maegan Vazquez: "Stormy Daniels released a composite sketch on Tuesday of the man she alleges threatened her in 2011 and is offering a $100,000 reward to anyone who can identify the perpetrator. Daniels alleges she had a sexual encounter with Trump in 2006 and that she signed a secret agreement just days before the 2016 election in exchange for the promise to stay quiet about the alleged affair.
"She says the alleged threat took place in 2011, shortly after she had agreed in May of that year to sell her story about Trump to a magazine for $15,000." Read more here.
Some on the internet joked that the man in the sketch looks like New England Patriots quarterback Tom Brady. | | | "Taxman" by The Beatles. If you don't know why that's our pick today, you should probably stop reading and go do your taxes. | | | Today's topic? Sean Hannity wanting to be both a celebrity but also wanting privacy. Click above to watch the video on CNN Politics' Instagram story! | | Another GOP lawmaker has announced his departure from the House. Pennsylvania Rep. Charlie Dent on Tuesday said he is resigning in "coming weeks." "I am especially proud of the work I have done to give voice to the sensible center in our country that is often overlooked or ignored," he said in the statement. "It is my intention to aggressively advocate for responsible governance and pragmatic solutions in the coming years."
FYI: 43 House Republicans have announced this cycle they are retiring, running for another office or resigning outright, including Dent and House Speaker Paul Ryan.
Read more in CNN's story by Daniella Diaz. | | BABIES ON THE SENATE FLOOR? MAYBE | | From CNN's Sunlen Serfaty: "Sen. Tammy Duckworth, who just gave birth to her second child, is attempting the rare move of changing longstanding Senate rules in order to accommodate senators with newborns. The Illinois Democrat has submitted a resolution this week that would allow senators to bring a child under 1 year old to the Senate floor during votes, which they currently cannot do.
"Duckworth gave birth to a girl on April 9, becoming the first US senator to do so while in office. The senator decided to take her maternity leave in Washington rather than in Illinois so as to be on hand and available to cast her vote, if needed."
Read more here. | | GREITENS: STILL GOV. OF MISSOURI | | | Chris writes: Five days ago, a Missouri state House committee released a troubling report detailing allegations made by a woman that the state's Republican governor, Eric Greitens, had subjected her to nonconsensual sex and violence. It was widely seen as a death knell for the governor's political career. A number of prominent Republican politicians -- including state Attorney General Josh Hawley, the party's likely 2018 Senate nominee -- called for Greitens to step down. And yet he remains in office -- fiercely insisting that the accusations of sexual and mental abuse are false. On Tuesday afternoon, Greitens' outlook darkened even more with the announcement by Hawley that the governor could be charged with a felony for illegally obtaining a fundraising list from a nonprofit group he started.
Read Chris' Q&A with St. Louis Public Radio political reporter Jason Rosenbaum, which asks the important question: How the heck is Greitens still the governor? | | ZINKE'S FAVORITE CREDENTIAL | | CNN's Sara Ganim reported Tuesday that Interior Secretary Ryan Zinke has suggested he was a geologist or former geologist "at least 40 times in public settings, including many under oath before Congress."
But, she reports: Zinke "has never held a job as a geologist. ... His LinkedIn page, his book, and various news clips piecing together his post-military life -- compiled by the left-leaning group American Bridge -- show that once Zinke retired as a SEAL he went into business and politics, never mentioning work in the field of geology. Several geologists who CNN has spoken with have flagged his comments as disingenuous."
Read more here. | | | From Brenna: "It's Tax Day! Ivanka Trump was a lot happier to see Treasury Secretary Mnuchin than a lot of us probably would be. The duo teamed up for a Tax Day town hall in New Hampshire (which, it should be noted, is a state without a traditional income tax)." Thanks for reading! Don't forget to tell people to subscribe to The Point. | | We'd love to share our other newsletters with you. Follow this link for daily coverage of the world's top stories, savvy market insights, an insider's look into the media, and more. Our authors for The Point are Chris Cillizza and Saba Hamedy. Send your tips and thoughts via email to Chris or Saba. Follow on Twitter: Chris and Saba. | | | | | | |
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