, david cay johnston is a pulitzer prize winning investigative journalist, he's a specialist on tax issues and financial reporting. david cay johnston and his reporting, dcreporting.org, tonight we have their first look at what they have obtained. in just a second we are going to show you exactly what it is we've got. we'll walk through it with david cay johnston. we're going to get context on it, we'll get explanation of what it means. importantly, we're going to get explanation and discussion about what further avenues for reporting this may open. but let me tell you first that part of what's very important about this story, about this new document we're able to bring into public discussion, part of what's most important about it is that for some reason that we cannot discern this document has been made available. this document has surfaced. it has been handed to a reporter and that's an important part of this story. that may be the most important part of this story. when donald trump declared as a presidential candidate that he would not release his tax returns, he became t

david cay johnston is still with us.had those documents delivered to him and he had no idea where it came from, they ended up in it came from, they ended up in his mailbox. he was able to provided them tonight to rachel and us. the dnc issued a statement now in response to what has been revealed tonight on msnbc. the white house's willingness to release some tax information when it suits them proves donald trump's audit excuse is a sham. >> the only reason to not release his returns is to hide what's in them such as financial connection with the russians and kremlin. to my surprise, the dnc has made an interesting point because i did not think they would. in the white house's statement tonight, they accepted all the numbers that are in the release return pages. that seems to indicate that they are in effect saying this israel. this is really it. why would they would be willing to do that on the rest of these returns or any returns? >> i guess there is nothing to lose at this point. >> but, david, the dnc's point -- they

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this document was on stained by journalist david cay johnston, he said it arrived anonymously in his mail. >> he earned more than $150,000 that year and total tax rate that he paid comes out to 25.3%. >> that being said, mr. trump paid $38 million even after taking into account of large scale depreciation for construction on an income of more than $150 million, as well as paying tens of millions of dollars. in other taxes such as sales and exile taxes and this illegally public return proves just that. >> it is totally illegal to steal and publish tax returns. the dishonest media can continue to make this part of their agenda while the president will focus on his which includes tax reforms that'll benefit all americans. the white house provided us with one more lean of their statement, apparently omitted from the first one sent to nbc news. you know you are desperate for ratings when you are willing to violate the law to put up a story. about two pages of tax returns from over a decade ago. our chief business correspondent ali velshi is here with us. he's been going over the tax retur

plus, we will speak with pulitzer prize-winning investigative journalist david cay johnston, who just obtained two pages of donald trumps 2005 tax returns. it shows most of the taxes trump paid were due to a special tax on high earners that he is now trying to abolish. but is there any hope the nation will see more of trump's tax information? pres. trump: the old one who cares about my tax returns are the reporters. the only one. i won. i mean, i became president. i don't think they care at all. i don't think they care at all. i think you care. i think you care. amy: and we help -- look at how the state of arkansas is looking to execute eight men in 10 days. arkansas says the state supply of the sedative midazolam will soon expire. all of that and more coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. calls are growing for president trump to release his full tax returns after part of his 2005 return was made public tuesday. two pages from trump's tax return were obtained by pulitzer prize winning journalist david cay johnston of dcrepor

the significance of this, david cay johnston? >> will come in the case of donald trump, keep in mind, donald trump lies as easily as you and i breathe. he is, by becoming president of the united states, the number one con artist in the history of the world. he has spent his entire adult world deeply in the embrace of violent felons, russian mobsters, and you can mobsters, assorted swindlers and crooks. he has cheated his own workers at a pay, cheated small business people out of their fees. he has swindled investors in properties that were branded with the trump name. it is critical to understand you cannot rely on anything that donald trump says as president of the united states, but especially when he knows he is stopped from hiding in his closet. has spentue jim henry a lot of time digging into the russian connections here, and they are vast, deep. they go back more than 30 years. an important element to understand about why this matters with the russians, who are the russian oligarchs? a state-sponsored network of internation

david cay johnston then asks the obvious question, was rybolovlev a putin emissary? us now is david cay johnston, editor and founder of the dcreport.org which published that report and the author of "the making of donald trump." david cay johnston, great to say you, thank you for being with us tonight. >> thank you. >> we started looking at the fertilizer guy through the lens of him having bought this florida mansion from trump for more than what trump paid for. it seemed like a way for somebody to pay donald trump more than $15 million. what got you started on him and on the mystery of his plane showing up so many places that trump is? >> well, the report that we ran, which is about 10,000 words long, was written by jim henry, who has also been tracing bankers and wealthy people for as long as i have. 40 years or so. we've been looking at these ties that he has with russian olegarghs, remember, they're state sponsored criminals and they're dependent to stay alive on being in the good graces of vladimir putin and when he wants them done, they do them. in the case arey

with us tonight pulitzer prize winning investigative journalist david cay johnston who has been delving into the trump campaign's financial ties with russia. david, we keep saying this is highly unusual, this is unprecedented for a president at the six-week mark to have this much interest and investigation. but how much broader in your mind should this go? >> oh, i think we need to thoroughly and openly investigate donald's 30-year involvement with russians and all the money he has received, to channel richard nixon. people have got to know if their president is compromised. and donald has received hundreds of millions of dollars from the russian oligarchs. he just appointed as his commerce secretary wilbur ross, who is the vice-chairman of one of the biggest banks involved in laundering russian money. the other vice-chairman was an appointee of vladimir putin. a disgraced german banker from deutsche bank right after the bank was fined $650 million for russian moneylaundering. all of that was laid out by jim henry in a report at my news service d.c. report that well ahead of everybody e

someone gave far left reporter david cay johnston two pages of donald trump's irs returns from 2005. david said, it simply arrived in his mailbox. what a lucky guy. johnston then gave the documents to msnbc, and return, putting him on the air to spout all kinds of gibberish on challenge. that was the deal. the return shows that mr. trump rendered what was legally required. he paid about $30 million in federal income tax 12 years ago. johnston was indignant anyway. by the way, mr. johnston is a class i socialists and also said that president trump himself might have leaked the return to him. of course, offering absolutely no evidence to support that contention. i don't know about you but i have a little trouble picturing the president asking his staff, "hey, does anyone know where david cay johnston lives? "now, before the actual return wasn't shown to the audience, the cable news host, rachel maddow, delivered a 20 minute monologue. "talking points" will only be 3 minutes. she said 20 minutes worth of stuff, describing various anti-trump conspiracy theories that she espouses on a nigh

david cay johnston / investigative reporter: "you know, i don't know why whoever sent them to me did so, all right."journalist david cay johnston -- discussing portions of donald trump's 20-05 tax return -- presented on m-s-n-b-c's rachel maddow show tuesday night.the documents sent to johnston show trump paid 38-million dollars in federal taxes on a reported income of 150-million dollars.the return posted on johnston's website was stamped "client copy" -- leading him to speculate as to the source. david cay johnston / investigative reporter: "donald has a long history of leaking information about himself. it could have been him and if it wasn't him or someone at donald's direction, then it was somebody who thought the public should see this."the administration issued a pre-buttal before the broadcast.a white house official - listing the income and tax information -- and slamming the report, saying quote:"mr. trump was one of the most successful businessmen in the world with a responsibility to his company, his family and his employees to pay no more tax than legally required."trump h

david cay johnston had a lot to say when he was interviewed by rachel maddow.iced there was one point he showed a pretty interesting laugh. check this out. >> russians who are around putin and would be borrowing money from beijing? >> mm-hmm. [ laughs nervously ] [ laughter ] >> jimmy: i'm not sure if that was a laugh or a sneeze that didn't happen. [ applause ] >> steve: a-choo! [ light laughter ] j totally illegal to steal and publish tax returns. yep. they said the document was released the proper way, by having a russian hacker give them to wikileaks. [ cheers and applause ] that's how you do it. that's how you get them released. it seems like these leaks have everyone in washington worried. in fact, a white house aide says that when he gets home, he turns off his work phone and puts it in a drawer because he's afraid it could listen to him. [ light laughter ] meanwhile, when she gets home, kellyanne conway hides her microwave in the closet. [ laughter and applause ] she's like, "i don't want anything to do with that thing. hot pocket first, then i'm unplug

whether or not it has to come in an unmarked envelope to david cay johnston's house. is there more of this? on the question of where these documents came from, how david got them, how we were able to put them on tv last night, there's been a lot of focus today on the prospect that the president might have leaked this document himself or o.k.'d the leaking of the document. because it's a distraction because of a terrible news cycle for him but also maybe because he likes the financial picture this particular tax return, this portion of this particular tax return paints of him. maybe he likes the way this makes him look. so maybe he leaked it to make himself look good. the president said in an interview he did tonight on fox news that the leak of this tax return definitely didn't come from the white house but then he immediately pivoted to say that there's nothing embarrassing in this tax return at all. and that is basically true. if it is not an accident that this particular tax return happens to show the president in a positive light, well, if all his other returns si

independent journalist david cay johnston claims two pages were anonymously sent to him. he released them on tv last nigh. an abc legal analyst says he believes journalists are covered by the constitution here and doesn't think the white house will take legal action. johnston is suggesting the president himself may be the person behind the leak. >> donald has a long history of leaking things about himself, sometimes things ---he doesn't like you, though. >> no. and i think it's in the realm of possibility. >> no evidence. >> no. no. it's a possibility. >> i don't think you'll be surprised that the president has fired back on twitter this morning. he says, quote, does anybody really believe that a reporter who nobody ever heard of went to his mailbox and found my tax returns? >>> moving on now, work is expected to begin to repair damage to an east bay reservoir that supplies water to silicon valley. the reservoir is located near tracy. operators at clifton court fore bay say they'll shut down a pump to repair an intake structure. customers will not have their water cut off

the documents were given to m-s-n-b-c by pulitzer prize winning journalist david cay johnston. they show that president trump paid 38 million dollars in taxes on a reported 150 million in income. however-- since the documents are complete, it does not show the sources of that income. a white house spokesperson released a statement-- verifying that the returns were real, and calling the story a desperate ratings ploy from the dishonest media. mr. trump hasn't released his tax returns breaking from decades of presidential tradition. meanwhile-- the president's son donald trump junior didn't see too concerned about the leaked tax return. he tweeted this message to m-s-n-b-c anchor rachel maddow who released the document last night, saying thanks for show her "trump hating follower" how successful his dad is. president trump's new travel ban is set to go into effect at midnight tonight. but critics want to shut it down before it even starts. today-- federal judges in hawaii and maryland will hear arguments on whether to halt trump's revised executive order. the ban blocks new visas

before, you know, quoting nixon, people have got to know their president is not a crook. >> david cay johnston thank you very much for bearing with us, especially with the bad weather right overhead. david, thank you. >> thank you, brian. >> we've been talking after all about donald trump and vladimir putin. trump has praised vladimir putin, but nbc's chief foreign correspondent richard engel talked to a man who says putin is not worthy of that praise. he is with us again from moscow tonight. richard? >> reporter: well, there is another way of looking at this entire situation, and it is coming up in the conversation that you've been having tonight with all the guests in that it's all about the money. great fortunes have been made in this country, particularly by a small group of individuals around president vladimir putin. and they have proven time and time again they will g to great lengths to protect that money. communism fell hard in russia. and since it did, business here has been profitable, glamorous, and at times deadly. bill brouter from chicago knows that well. he made and lost a lot

according to this return mailed to david cay johnston. mr. trump's income, more than 150 million with a $100 million writeoff making his effective tax write, 25. >> he got 20% discount. wouldn't you like to have a 20% discount on your taxes in. >> he didn't pay any federal income tax. >> that makes me smart. >> a white house adviser said he would not. he heads to michigan to announce he is rolling back fuel standards and nashville push the heating plan. >> to make insurance available to everybody. yes, that's what he intends to do. >> trumpcare has been talked about one week now. is there anybody who actually likes it in the country some. >> 24 million people would lose coverage. >> fewer people are buying insurance. and those who do are buying skimpier coverage. >> the white house challenging both. >> and it's important to look not only what we learned but what we didn't. we don't know the source of the president's income. foreign ties. that is part of an investigation. of course we don't know what's happened in the 11 years since that retur

joined now by the man at the center of the storm, david cay johnston. congratulations, you broke it on d.c. report.org and covered his taxes four years and open the mail, find these pages from 2005. but do you really think he could have leaked them to you. >> donald has a long history of leaking things about himself. sometimes -- >> he doesn't like you, though. >> no and i think it's in the realm of possibility. >> no evidence. >> no. no, it's a possibility. or someone at his direction but the venom and anger and falsehoods in the white house statement suggest that, no, he's probably not the source of this. >> there is on that page two of the document that it says client copy. >> yes. >> who does that tell you? >> that tells me this is somebody who either worked at the accounting firm or had connections to it or this copy was turned over to someone in a regulatory proceeding in litigation in a financial statement and why not the whole return? well, somebody wanted to photocopy something they won't take a thousand pages to the photocopier. >> the envelop

come on. >> jon: i don't know. >> stephen: nobody, nobody has ever heard of this david cay johnston guy, exeps maybe whoever engraved his name on to a pulitzer. so we don't really know who put out this story or why. but johnston has some theories. >> by the way, let me point out, it's entirely possible donald sent this to me. donald trump has over the years leaked all sorts of things. donald has a long history of leaking material about himself when he thinks it's in his interests. >> stephen: although, again, he's better known for watching other people leaking. ( laughter ) so, so, so-- ( laughter ) so maybe trump is his own leaker. ( laughter ) it sounds crazy. i realize that sounds crazy. but it's no crazier than kellyanne conway suggesting our microwaves are cameras. "hello. ( cheers and applause ) ♪ ♪ and welcome to "the late show" microwave cam. pro tip: always remove your tinfoil hat before you stick your head in here or else it will start to spark. i'll set the microwave to truth. ( beeping ) ( laughter ) follow me here, okay. maybe trump did leak his own tax returns from the yea

tell you that the way we got this document, the way we got this trump tax return is through david cay johnstonid cay johnston is a pulitzer prize winning investigative journalist, he's a specialist on

the information was based on two pages of an irs form supplied to journalist david cay johnston, who in turn presented them on msnbc last night. the white house confirmed details before the show aired saying president trump paid $38 million on an income of more than $150 million that year. the sources of his income and how his taxes were computed are unclear. johnston says that releasing more tax documents could answer questions. >> so maybe there's stuff in those returns that will tell us about the russians. >> president trump promised to release his tax returns on numerous occasions while running for office but never did. the president is expected to announce a review of federal fuel economy and emissions rules today. the review opens the door to lower gas mileage requirements and less stringent controls on carbon dioxide emissions. the white house is also reportedly considering a new executive order that would revoke california's ability to set its own tighter limits. california is the only state allowed to do so under the clean air act but right now, other states are allowed to a

she says it came from david cay johnston. he says someone mailed it to him. it showed donald trump reported income of more than $150 million and white house says he paid $38 million in taxes. top tax bracket in 2005 was 35%. >> my wife and i make about 400,000 a year, donald trump and his wife made $418,000 a day. >> the white house fired back saying mr. trump had a responsibility to his company, his family and his employees to pay no required and goes on to say he pays tens of millions of dollars in other taxes such as sales and excise taxes. the statement mocked madow as being so desperate for ratings she would violate the law to push two pages from 12 years ago. >>> we are going to head up the coast to see how this storm is impacting new england including reports of the first deaths related to this nor'easter. >>> and this never ending political season means a fixture of know you have a dedicated advisor and team who understand where you come from know you can craft an investment plan as strong as your va