The New York Times published three pages from Donald Trump’s state tax returns for 1995. They show a loss of $916 million, which “could have” allowed him to pay no federal taxes for 18 years. (The story is here.)
That remains highly speculative until we can see the full returns. But the biggest problem is that publishing tax returns without permission is a crime. The Washington Post reports that the Executive Editor of the Times said that he would be willing to go to jail if he could publish Trump’s tax returns.
Read all about it after the jump. Then consider: Do you think these revelations will harm Trump’s election chances, as Clinton’s campaign is saying it will? Do you think this will end up harming the reputation of prestige journalism more than it will Trump? Won’t ordinary Americans appreciate Trump’s ability to avoid paying the IRS (if that, in fact, happened) while resenting the press’s illegal violation of his privacy? [Read more…]