Ping
BINGO!!!
I don’t know anyone who is particularly interested in a candidates tax returns. Everyone knows that they are much richer than the average person. The only reason Clinton, Romney, etc., are interested in Trump’s taxes is to see if there is ANYTHING in them that they think would be a useful line of attack.
There are different views on this. One is that his tax returns are irrelevant. Another is that the Democrat-controlled IRS could release damaging information at a bad time in the campaign.
Only time will tell how it works out.
There’s a good chance that there is absolutely NOTHING wrong with Trump’s taxes. I think he’s letting the media and his opponents drive this issue to a big crescendo, to let them only fall on their faces when he finally reveals them.
If he is audited every year it stands to reason that he doesn’t get too far out of line...after all, the lefts biggest weapon - the IRS - would have caught him way before now.
This is a red herring.
I like Trump’s excuses better.
“My attorney’s advise against it.”
and
“It’s none of your business”
The perception problem of Trump's taxes isn't going to affect most here who are either committed or favorable to Trump. There are some Trump loyalists who would support him no matter what he says or does. It could affect the folks he needs to attract and keep until election day.
My guess is he will use timing to release them. Too early and it could fester. Too late and it becomes an October surprise.
The reason? ( And FR CPA, Real Estate Investors, etc please chime in ) It is because with his kids running the biz if he get POTUS they will essentially have their margins exposed and how they run their real estate empire and how their competitors with knowledge of said margins can undercut them.
Never got that far in Accounting, my guess this is 300 level and higher stuff, i.e. purchase cost, amortization, etc etc revolving around high end properties either as rentals or for sale, not to mention the golfing end of the business and a bazillion other interest he has...
The people who want to see Trump’s tax returns aren’t going to vote for him anyhow. And the rest of us don’t give a damn what’s in them
He should NOT release them.
How about he releases his tax returns when Hillary releases her health records?
why should Trump allow the IRS free consulting by releasing his returns before the audit is complete? You have every leftist attorney looking at the and giving opinions. Just shut up about the tax returns, heck I wanna see Obama’s high school, college and scholarship/grant records!
What I have said for months. In an audit situation you do not give the IRS any reason to re-think its position.
What does the current law call for?
Does Trump-—OR ANYONE—have to open up their tax returns?
OR do they only have to submit a balance sheet???
Anyone’s taxes/income can change dramatically from year to year. Look at athletes-—high years, then next to nothing. Same thing for entertainers.
ONE year doesn’t show a thing.
All this yapping from people that refuse to demand the text of speeches the Clintons have been giving behind closed doors for millions of dollars.
Neither one would get a penny from me for all the speeches they have ever given.
Trump has stated he has been audited by the IRS for the past 15 years.
