Donald Trump’s Form 1040 for 2005, disclosed by Rachel Maddow on MSNBC on Tuesday night, left political questions unanswered about the president’s Russian ties and business conflicts. A case in point: In 2015, congressional Republicans made a big show of clamping down on fraud in tax breaks for low-income taxpayers. Advertisement Continue reading the main storyThe low-income tax credits are the inverse of the AMT. They maneuver to repeal the AMT, while they crack down on low-income tax credits. The tax credits boost refunds by about $100 billion a year for about 40 million taxpayers.

Source: New York Times March 15, 2017 21:22 UTC