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 the first president since the watergate era to refuse to release his returns. when richard nixon said "i'm not a crook" he wasn't talking about watergate, he was talking about his taxes. and, in fact, he was kind of a crook in his taxes. he handed them over in 1973. in apri

david cay johnston is still with us. he 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 -- t

donald trump has heard of david cay johnston. donald trump has threatened to sue david cay johnston. david cay johnston joins us next. and you're talking to your rheumatologist about a medication... ...this is humira. this is humira helping to relieve my pain... ...and protect my joints from further damage. humira has been clinically studied for over 18 years. humira works by targeting and helping to... ...block a specific source... ...of inflammation that contributes to ra symptoms. it's proven to help relieve pain and... ...stop further joint damage in many adults. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened, as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before treatment, get tested for tb. tell your doctor if you've been to areas... ...where certain fungal infections are common and if you've had tb, hepatitis b, are prone to infections, or have fl

donald trump has heard of david cay johnston donaldrump has threatened to sue david cay johnst. david cay johnston joins us next. i've found a permanent escape from monotony. together, we are perfectly balanced. our senses awake. our hearts racing as one. i know this is sudden, but they say...if you love something set it free. see you around, giulia hey, need fast try cool mint zantac. it releases a cooling sensation in your mouth and throat. zantac works in as little as 30 minutes. nexium can take 24 hours. try cool mint zantac. no pill relieves heartburn faster. the market.redict but through good times and bad... ...at t. rowe price... ...we've helped our investors stay confident for over 75 years. call us or your advisor. t. rowe price. invest with confidence. >>> i want to get to taxes. i want to cut the hell out of taxes. liberty mutual stood with us when a fire destroyed the living room. we were able to replace everything in it. liberty did what? liberty mutual paid to replace all of our property that was damaged. and we didn't have to touch our savings. yeah, our insuranc

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? joining 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

cay johnston by satellite. we apologize for that. we'll take another break and see if we can reestablish. lots of wrinkle creams believe the more mysterious they sound, the more... powerful you'll think they are. it's time to see what power really looks like. new neutrogena® rapid wrinkle repair with accelerated retinol sa. clinically proven to reduce wrinkles in just one week. wrinkles? your time is up! rapid wrinkle repair. and for dark spots. rapid tone repair. neutrogena® see what's possible. >>> welcome back. so there we were talking with journalist david cay johnston when the weather moved in to rochester, new york. and david, i'm told fitfully we have you back. let me ask you a question about something that will never happen, and maybe along the way it will help to explain the stakes. if i came to your office and said here you go, 20 years of tax returns from donald trump right up to 2016, how much of the questions you raised before we were interrupted by mother nature would be answered? >> a great dea

but i will check with david cay johnston. no doubt, msnbc will derive ratings from this madness, which has had its ever since they turned into the syfy channel over there. but it's not all about ratings. those folks want to destroy donald trump. anyway they can. that is the mission. and they are just getting started. and that is the memo. now, for the top story tonight, we are still waiting for president trump. does anybody know who this guy is? who is this guy? oh, lee greenwood. excellent. sorry, leak but we can't take you. we have to go to charles krauthammer, who knows a fuel lee greenwood songs in washington. i think they laid out the absurdity of what happened last night with the tax returns. do you see anything important in the story, charles? >> no, there is nothing important in the story. if anything, it sort of was to trump's benefit. his one tax return, it showed he paid a hefty amount of money for a the percentage he paid is higher than obama paid or collected and paid or the great socialist patriots bernie sander

that is according to an i-r-s document obtained by journalist david cay johnston. the white house responded before the documents were even released by posting his tax information ahead of an m-s-n-b-c report last night. ( james ) and... the suspect at the center of a viral video that some say shows vallejo police using excessive force had his first day of court. police are investigating whether the officer seen beating dejuan hall with a flashlight used excessive force during an arrest on friday. hall pleaded not guilty to all charges including resisting arrest. now let's get a check of the weather with anny hong. look for patchy fog this morning followed by cooler temperatures today, especially near the coast and across the north bay, as a weak system pushes into northern california. mild conditions return for late in the week with the upcoming weekend serving as the transition unsettled weather next week with several rounds of rain. ( robin ) here's a live look outside at our bay area bridges this wednesday morning. ( james ) breaking news... the department of ju

david cay johnston had a lot to say when he was interviewed by rachel maddow. i noticed 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

cay johnston. we do know it's authentic because the white house put out a statement insulting us and calling us all sorts of names but also verifying that this document we obtained is authentic. weirdly, after the white house said the document was authentic, the president himself then got on twitter and said it was fake. it was fake news. i don't know what to make of that. i don't think we're supposed to read too much into things he says. i don't know. ultimately in terms of the content of that tax return there is nothing particularly embarrassing or scandalous in the tax return itself. i mean, one of the things we have seen today as tax experts and analysts has gone through these two pages is that there are some questions raised about -- questions raised through this return about whether or not donald trump's tax policies as president would put millions of dollars into his own pocket. with just this little window into his taxes, that's already enough to raise interesting questions about whether or

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

cay johnston by satellite. we apologize for that. we'll take another break and see if we can reestablish. at invisalign®, we use the most advanced teeth straightening technology to help you find the next amazing version of yourself. it's time to unleash your secret weapon. it's there, ght under your nose. get to your best smile up to 50% faster. visit invisalign.com to get started today. hi, i'm frank. i take movantik for oic, opioid-induced constipation. had a bad back injury, my doctor prescribed opioids which helped with the chronic pain, but backed me up big-time. tried prunes, laxatives, still constipated... had to talk to my doctor. she said, "how long you been holding this in?" (laughs) that was my movantik moment. my doctor told me that movantik is specifically designed for oic and can help you go more often. don't take movantik if you have a bowel blockage or a history of them. movantik may cause serious side effects, including symptoms of opioid withdrawal, severe stomach pain and/or diarrhea, and te

cay johnston by satellite. we apologize for that. we'll take another break and see if we can reestablish. my moderate to severe chronic plaque psoriasis made a simple trip to the grocery store anything but simple. so i had an important conversation with my dermatologist about humira. he explained that humira works inside my body to target and help block a specific source of inflammation that contributes to my symptoms. in clinical trials, most adults taking humira were clear or almost clear, and many saw 75% and even 90% clearance in just 4 months. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before treatment, get tested for tb. tell your doctor if you've been to areas where certain fungal infections are common, and if you've had tb, hepatitis b, are prone to infections, or have flu-lik

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

cay johnston." but the president didn't buy that story because this morning, he tweeted: "does anybody really believe that a reporter who nobody ever heard of, 'went to his mailbox' and found my tax returns? @nbcnews, fake news!" ( laughter ) ( applause ) yeah. does anybody? really, seriously? nobody. 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

cay johnston, david 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