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President. i ll go one step farther, does this help him? it projects the media story that he likes and there s nothing in there to hurt him. let s look what the the pages don t display. that s the biggest concern over his finances. where the income comes from, the nature of his investments, and most importantly, any ties to russia or other sovereign countries. those are questions that can only be answered if he releases his entire tax history. he s the first president in decades not to do so. what do the 2005 tax returns actually show? first, the president wrote off more than $100 million in losses in 2005 that reduced his tax bill. remember that $90 million loss. rolling that forward. $38 million the president paid, only $5 million was regular income tax. the rest was paid under the alternative minimum tax. the amt. the draeded amt. it s an additional tax that prevents wealthy americans from the tax. without it he would have paid 4% ....