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Trump Defends Decision Not To Reveal Tax Rate
Trump also said he doesn’t not believe that voters have a right to see his tax returns before they vote, but that he would gladly made them public once the audit is over.
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Democratic presidential front-runner Hillary Clinton has criticized Trump for holding back, saying on Wednesday that she and former President Bill Clinton have put all their tax returns in the public domain.
“I don’t have Swiss bank accounts”.
The public can learn a lot from returns, Stephanopoulos said. It would be impossible to properly evaluate his individual tax returns without the correlative information reported on related returns, in addition to other background facts. Trump’s tax returns could offer information about how much licensing income he receives, providing new clues about the true value of his brand, according to Thorndike.
Her campaign released a video online Saturday titled “What’s Donald Trump Hiding?” that includes a series of clips over the years of Trump being asked whether he plans to release his returns.
Again, in 2016: “I’m always audited by the IRS, which I think is very unfair”.
“There is only one logical explanation for Mr. Trump’s refusal to release his returns: there is a bombshell in them”, Romney wrote. I first asked you about this in 2011 and you said you would release your tax returns then-you were thinking of running for President-when President Obama releases his birth certificate. When the audit ends I’m going to present them.
In New Jersey, Trump furnished the state’s Casino Control Commission with five years’ worth of tax returns in compliance with the state law’s requirement for casino license applicants.
Another change would shrink the standard deduction that benefits most taxpayers – to a proposed $10,000 for an individual filer from Trump’s original $25,000 deduction, which would have been almost four times as generous as current law.
The issue has also been picked up by Democrats, including Hillary Clinton, who questioned why the real estate mogul is reluctant to release his returns. A March letter written to Trump by his accountants notes that “your tax returns for the years 2002 through 2008 have been closed administratively”.
If Trump is getting into the business of changing his mind, I would rather he apologize to John McCain or tell us that whole Mexican wall idea was ridiculous.
“Because this country wastes our money – they take our tax money and they throw it down the drain”, he said.
Republican presidential candidate Donald Trump speaks during an interview with The Associated Press in his office at Trump Tower in NY on Tuesday.
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After saying he would release them, he now claims he can not because they were being audited.