After a big build-up and a long lead-in, Rachel Maddow released two pages of Trump’s 2005 federal tax return. The White House actually scooped her by releasing it first. It shows he made a lot of money and paid 25% in taxes after a bunch of write-offs, which anyone with a lot of money and a decent accountant would do.
Trump’s defenders are saying “nothing to see here, move along,” and they’re probably right. But if Trump had followed the lead of every other president in the last forty years and released all of his taxes without making up flimsy excuses like “I’m under audit” or “the dog ate them,” then there would be no news about no-news taxes from twelve years ago in the first place.