I'll give you one link: Chris Cillizza, "This 2005 Donald Trump tax return is a total nothingburger."
[B]ecause of Trump's refusal to release his tax returns, there has long been speculation that he may not have paid any taxes from the mid-1990s — when we know he reported more than $900 million in losses on his tax returns — until the mid-2000s. (For much more on that, check this out.)Now, wait. We did learn something we didn't already know: The "speculation that he may not have paid any taxes from the mid-1990s" is false. This is a big pro-Trump data point. Maybe all those other years are different and the 2005 return was leaked by pro-Trump forces. But it's the data point we've got, and speculation now will be that Trump paid his taxes in the normal way: using the tax code as it is written to take advantage of the incentives and breaks and paying what the law said he owed.
The 2005 tax return shows that the latter supposition is simply not true. Trump paid $38 million in taxes, not $0. And the return also suggests that Trump, as he said, did what he could to lower his tax burden. He paid an effective tax rate of 25 percent, far below the top tax bracket — 35 percent — for individuals at that time.
In short: We didn't learn anything we don't already know about Trump. Yes, he is very wealthy. Yes, he — like virtually all very wealthy people — looks for holes in the tax code to lower his overall taxable income.
These are not "holes" in the code. The code is deliberately written by human beings who are trying to achieve something, and these people should be held responsible for what they have done. "Looking for holes" makes the taxpayer sound like the agent of unfairness.