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Pablo Martinez Monsivais, Chuck Burton / AP

The White House, MSNBC host Rachel Maddow and The Daily Beast have combined to make public that President Trump paid $38 million in taxes in 2005 on $150 million of income. $5.3 million of that was in federal income taxes, while $31 million came from the Alternative Minimum Tax, as first reported by the David Cay Johnston, a researcher who writes for The Daily Beast.

Why it matters: President Trump has never released his tax returns, saying they're under audit. The NYTimes obtained some of his old returns during the election, showing he wrote off a huge loss that would have allowed him to avoid federal income taxes for nearly 20 years.

The story started with Maddow's cryptic tweet, followed by confirmation that it was Trump.

BREAKING: We've got Trump tax returns. Tonight, 9pm ET. MSNBC. (Seriously). — Rachel Maddow MSNBC (@maddow) March 14, 2017

What we've got is from 2005... the President's 1040 form... details to come tonight 9PM ET, MSNBC.— Rachel Maddow MSNBC (@maddow) March 15, 2017

While Maddow was winding up the story with a 25-minute opening with a series of questions on how Trump makes his money, including...

  1. If there are inexplicable dumps of foreign money into the president's coffers... couldn't those be explained through his tax returns?
  2. Is the president in a position where we need to make sure that he's not paying off foreign powers?
  3. Has he received money from sources?
  4. Has he received loans?
  5. Does the president have foreign bank accounts? If so, what banks?
  6. What is his relationship with Deutsche bank?
  7. What is his relationship with foreign sources of income?

The White House and The Daily Beast published the numbers, saying Trump paid $31 million in the "Alternative Minimum Tax" in 2005, in addition to $5.3 million in regular federal income tax.

Update: If you'd like to peruse the tax document for yourself, here you go...

Go deeper

Updated 6 hours ago - World

Death toll mounts as fighting between Israel and Hamas intensifies

Palestinian Muslims exchange wishes for Eid al-Fitr, marking the end of the holy month of Ramadan, near a razed building in the northern Gaza Strip town of Beit Lahia, on May 13. Photo: Majdi Fathi/NurPhoto via Getty Images

At least 109 Palestinians and seven people in Israel have been killed since recent fighting between Israel's military and Hamas began Monday.

The big picture: Israel began massing troops on its border with Gaza on Thursday, launching attacks from the air and ground as Hamas continued to fire rockets into Israel.

By the numbers: Where the earmarks are wanted

Expand chart
Data: House Committee on Appropriations; Chart: Danielle Alberti/Axios

The Dallas-Fort Worth area is being targeted for the largest collective earmark request in the country, according to a detailed breakdown of overall requests released by the House Appropriations Committee.

Why it matters: House appropriators are trying to balance bipartisan momentum for infrastructure investment with "pork-barrel" spending's checkered political history. The data dump is an effort to provide transparency for what are now termed "community project funding" requests.

Democrats open to user fees for infrastructure deal

President Biden sits Thursday with Sen. Shelley Moore Capito (R-W.Va.) as they discuss his $2.3 trillion infrastructure proposal. Photo: T.J. Kirkpatrick/The New York Times/Bloomberg via Getty Images

Some Senate Democrats are open to paying for a compromise infrastructure package by imposing user fees, including increasing the gas tax and raising money from electric car drivers through a vehicle-miles-traveled charge.

Why it matters: By inching toward the Republican position on pay-fors, some Democrats are bucking President Biden's push to offset his proposed $2.3 trillion plan by focusing only on raising taxes on corporations and the wealthy.