The White House said in a statement Tuesday that President Donald Trump had paid $38 million in taxes on income of more than $150 million for 2005.

That revelation came in response to Pulitzer Prize-winning investigative reporter David Cay Johnston reportedly obtaining documents from Trump's 2005 federal tax returns, and exclusively sharing those findings Tuesday evening with MSNBC's Rachel Maddow.



Maddow's show echoed the White House statement, saying that Trump had paid $38 million in taxes that year, and that he had taken a large write-down of $103 million. In total, Trump made more than $150 million in income that year, according to the show.

Notably, those documents indicate that Trump's effective income tax rate was about 25 percent — much higher than former GOP presidential nominee Mitt Romney's much-pilloried 14 percent.

Still, Trump would have paid much less for 2005 if not for the alternative minimum tax, which he has vowed to abolish.