Rachel Maddow had Twitter excited yesterday evening when she tweeted: “BREAKING: We’ve got Trump tax returns. Tonight, 9pm ET. MSNBC. (Seriously)” I was immediately suspicious as to whether she really had anything. After all, MSNBC pretends to be a news channel. If they really had a major scoop, they would have announced it at the time on whatever show was on. Instead they used this to build excitement for Maddow’s show, and then waited until after the first break to show what they had.
It turned out that she had virtually nothing. All she had was two pages from Trump’ 2005 tax return which showed that he reported an income of $150 million and pain $38 million in federal income taxes. If anything this helps Trump, debunking claims from Hillary Clinton that Trump has “paid nothing in federal taxes.” There was certainly nothing here linking him to Russia. The little information released was so favorable to Trump that some are speculating that Trump was behind the “leak” of these two pages.
We did learn that Trump has taken legal deductions to legally minimize his taxes. Shocking. I do that too (even if not on the level which Trump is able to). He has also supported elimination of the alternate minimum tax. A wealthy Republican wanting to change the tax laws to reduce taxes on the wealthy is hardly a scoop.
I might say that Maddow has jumped the shark here, but I already thought she did this with her fallacious claims blaming Clinton’s loss on third party candidates rather than on Clinton being a terrible candidate who ran a horrible campaign, and her fear mongering on Russia which has reduced her to the level of a liberal Glenn Beck. Once a journalist loses their credibility as Maddow has, this usually cannot be regained, making last night’s fiasco nothing more than confirmation of where Maddow stands.
Donald Trump’s relationship with Russia remains an open question. There have certainly been some items to raise questions, such as the incidents involving Jeff Sessions and Mike Flynn. It does appear that many who have spoken with the Russian ambassador, including advisers to Clinton as well as Trump, have been Retconned into forgetting the meeting.
Thomas Wood has put together an impressive “Russiagate Timeline.” There is certainly enough smoke to demand an investigation, including a review of Trump’s tax returns. However, despite claims from Clinton supporters, there is zero evidence of the key question of whether there was any coordination between Trump and Russia to influence the election.