Election 2016

The GOP Nominee Won’t Release His Tax Returns, Ever

Donald Trump Presidential Announcement
JM Ashby
Written by JM Ashby

Republican presidential nominee Donald Trump made it fairly clear this morning that he will become the first presidential nominee to never release his tax returns.

During an interview with the Associated Press, Trump said his returns wouldn't tell us anything we don't already know.

Despite pressure, the billionaire also doesn't expect to release his tax returns before November, citing an ongoing audit of his finances. He said he will release them after the audit ends. But he said that he wouldn't overrule his lawyers and instruct them to release his returns if the audit hasn't concluded by November.

"There's nothing to learn from them," Trump told The Associated Press in an interview Tuesday. He also has said he doesn't believe voters are interested.

I have my doubts that there's "nothing to learn from them."

I think it's safe to assume that Trump is not as generous toward charities as he would like people to believe, but that's not what I think he's hiding. I believe Trump is hiding the true extent to which he dodges taxes and deducts his own personal spending as business expenses. You could go as far as to say his returns could reveal that Trump's lifestyle, from the helicopters to the private jets, is effectively subsidized by taxpayers. This would mean his "self-funded" political campaign has been subsidized by taxpayers.

Trump undoubtedly employs clever lawyers and accountants who know every single loophole in the book.

Some voters may not be interested in the issue now, but that can change. As long as Trump refuses to release his returns, the Clinton campaign is free to keep asking what he's hiding. Clinton has released 20 years of returns.

Mitt Romney never released more than a year of his returns, excluding all of his time at Bain Capital. He ultimately paid for that.

  • Draxiar

    Boy, if Clinton said anything like that the right would go outside it’s mind.

    • Wait….they have a mind?

    • Badgerite

      Exactly. GOP freak out in 1….2….3… AAAAAAAAAAAAAAAAAH!

    • Scopedog

      Some on the left would also go bats**t crazy too (see the “Release the transcripts!” crowd).

  • sawadee2000

    Yeah, right. We’re STILL waiting for the report from his crack investigative team and the smoking gun that “proves that Obama wasn’r born in Hawaii.In any case, his supporters are a particularly stupid species of morons who are inapable of knowing that they are being conned.

  • muselet

    The IRS has said there’s nothing preventing an individual whose returns are being audited from releasing them publicly. If his lawyers actually are telling him otherwise, they’re lying (if they’re not, he’s lying).

    There’s nothing to learn from them.

    Apart from his actual income, his charitable donations, his deductions and giving clever people a rough idea of his actual net worth, no, there’s nothing to learn.

    Donald Trump may well not be hurt by this. Certainly our glorious news media won’t go after him, and his supporters won’t care. Depressing, it is.

    –alopecia

  • Aynwrong

    I feel like this won’t hurt Trump as much as it should. But let’s be honest as to why. His voters are morons. MSNBC keeps playing this interview of a roundtable of Republican women and all they do is make excuses for Trump’s behavior and invent fantasies about his greatness and his qualifications. I’m not even sure that these are women who particularly thrilled with Trump but this is what they sound like.

    Trump voters and others have also completely bought into the “both sides” bullshit narrative so all standards have been neutralized and rendered meaningless. When the Clinton campaign hits Trump over this, I expect to hear about Hillary’s Goldman Sachs paid speeches from Trump.

  • Camacho/Trump 2016!!

    Like everything else Trump gets away with that no one has in the past, none of this shit matters.