ahotel. steve: willard. i think they go to virginia tech, i believe. meanwhile, go down to the flashback diner in boca are arearotan. pete is wearing a t-shirt because he got a new tat and it hurts. there are people that you are going to ask about the rally. pete: that is exactly right. live people eating real food. both of these gentlemen sitting next to me had steak and eggs. they are hitting it hard. i m having pancake dippers. i already had one. back into this i m getting into it. both former democrats, dr. edison walters, you were at the rally. you actually once ran as a democrat. now you are running as a republican. a legal immigrant. what is it about the president that you support. for years in the democratic party, i advocated for self-employment tax for small businesses. these are small businesses
big deal. what does it do to a key charge from the clinton campaign of 2016? hillary clinton made all kinds of allegations maybe perhaps he wasn t as rich as he was claiming to the public and the other charge from hillary clinton is it appeared to her donald trump simply did not pay any taxes at all and that s why he was hiding something. but now we see this leak and from 2005 it turns out donald trump had $150 million in income that we re. the first part about not being rich not true but also he paid $38 million in taxes. $5.3 million in regular income taxes. if you look at the breakdown, $31 million in the alternative minimum tax and self-employment tax of $1.8 million. almost $2 million. the point is in 2005 he paid over $38 million in taxes so the
465-person machine shop some place. unfortunately, in this case, i agree with rob. it is not a one size fits all situation. and i think the new republican candidates and the current administration need to really look and segment the employment situation a lot more than they re doing now. sba does a great job. they re within the confines of the administration that s currently in power. i think they could do a lot more with the sba with different managers. rob burke, rob basso, thank you very much for joining us on your business sound off. we really appreciate it. earlier this week we asked our viewers what type of tax breaks would help their company. here are a few of the responses. christine said she wanted no employment tax at all. reginald wants tax cuts for local hires, banking local and using the united states postal service as your primary shipper and alex said she wants no self employment tax for two years.
could create, leverage $300 billion worth of loans for small businesses. what do they really want small businesses to do? they want them to remodel and they want them to expand and make new hires and also a provision in there which a long-time investor within small businesses would not have to pay capital gains tax and you can deduct from a small business if you re self-employment tax. there is a lot of tax relief and incentive to loan and get money back into the market and democrats say it will help new businesses and a lot of republicans say, no, a continuation of bailout policies but it will pass today. we ll expect that vote after noon eastern time. thank you. take care. the white house will name consumer advocate and outspoken wall street critic elizabeth warren to a special advisory role to the white house and treasury depart. an announcement is expected to come this week. warren will help set up the new consumer protection agency created by the financial reform bill. it re
paid $38 million on taxes on $150 million on income. the president tweeting does anyone really believe a reporter no one heard of went to his mailbox and found my tax at nbc news fake news. john roberts is live braving the subfreezing futures at the white house. how are they reacting? they re professing white house but this plays well for the president. you mentioned the partial returns and overall he paid $38 million on taxes on $153 million. he paid $5 million in regular income tax and $31 million in alternative tax and self-employment tax for $1,887,596 and that puts him at