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Donald Trump says he can’t release his tax returns because he is being audited. He says he will release them after the elections. If he maintains his position, it would be the first time in 40 years that a major party presidential candidate did not divulge his tax returns.
Bill Moyers’ daily briefing reports that the IRS says it has no problem with a candidate’s decision to release tax returns while an audit is ongoing. What about Trump’s tax returns from previous years? Why can’t he release 2010-2014? Are they still being audited?
“Republican candidate’s tax whiplash –> In an interview published yesterday, Donald Trump said he would very likely not release his tax returns before the November election. He then “clarified” on Fox News that he would love to release his tax returns, but is being audited and cannot. The IRS then clarified that, “Nothing prevents individuals from sharing their own tax information,” even during an audit. Hanna Trudo writes for Politico that the candidate insists there is nothing interesting to see.
“So, to summarize: Obama has to release his birth certificate and college transcripts but Trump’s tax returns are, meh,” tweeted The Huffington Post’s Sam Stein.”