If you are a regular reader of this blog, you know that U.S. Presidents and candidates have voluntarily released their tax returns for nearly 40 years. According to former IRS Commissioner Mark Everson, Drumpf should, at a minimum, release his tax returns that are no longer under audit.
According to a letter from his attorneys that Drumpf uses to explain his position on his tax returns, the IRS has completed audits of his tax returns for 2002 through 2008 “without assessment or payment, on a net basis, of any deficiency” and that the audit of his tax returns for 2009 and future years is ongoing.
According to Everson, “nothing prevents you from releasing your tax returns prior to 2009, which have been cleared by previous IRS audit. Drumpf must be very worried about what is in the returns, because he has clearly concluded that the damage to his campaign from making them public would be greater than if he toughs it out.” What do you think?
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