Posted on 02/26/2016 8:02:31 PM PST by reaganaut1
Donald Trump says he cannot release his tax returns because he is undergoing an audit that goes back “four or five years.”
But the Internal Revenue Service usually does not look back more than three years.
“Generally, the IRS can include returns filed within the last three years in an audit,” the agency’s website says. “Additional years can be added if a substantial error is identified.”
The IRS further reports, “The statute of limitations limits the time allowed to assess additional tax. The statute of limitations is generally three years after a return is due or was filed, whichever is later.” Either Trump is lying about undergoing such an audit as an excuse not to release his returns, or the IRS has found that his most recent return includes an error considerably bigger than a simple oversight. Whatever the truth, an audit should not preclude releasing his returns.
Meanwhile, Trump has tweeted a photo of himself with a pen and a stack of papers.
“Signing a recent tax return—isn’t this ridiculous?” he wrote on Thursday.
In October, Trump had initially said that he would release his tax returns after Hillary Clinton released all her emails.
“But I will say this, and I’m very proud to say it, I think the country is run horribly. I hate what they do with our money,” Trump noted at the time. “And unlike everybody else, I try to pay as little tax as possible, because I hate what they do with my tax money.”
He added, “It’s a little tax.”
In January, Trump indicated that the release was imminent.
“We’re working on that now. I have big returns, as you know, and I have everything all approved and very beautiful and we’ll be working that over in the next period of time,”
(Excerpt) Read more at thedailybeast.com ...
Surely you aren’t that dense.
You have to be kidding, right?
IT’S NOT AGAINST THE LAW
And neither Cruz nor Rubio released their tax returns either, although they say they will this weekend.
Weird propaganda fake-controversy.
Only a blithering fool would think that. He’d be even worse than Obama is on “transparency”. After all, his narcissistic arrogance rivals Obama’s....and surpasses it.
Trump's tax plan preserves the existing IRS structure. It is the IRS Preservation Plan. No reform whatsoever. He Just changes 7 brackets to 4 brackets. Read it here:
https://www.donaldjtrump.com/positions/tax-reform
Yes, I’d say you’re right...They do whatever they wish...
That said, if I were (and many great and good folks hereabouts happen to be, and that's fine w me), then, I would demand that Mister trump release a full and unexpurgated return.
Why?
Well, the Dems most certainly have the goods, and they would love nothing better than to slam a trump w some (figuratively) toxic dirt say just after the GOP nominating convention.
Early bad news is better than later bad news, strategywise.
.
Nobody is getting rid of the IRS.
Policy wonk crap.
Amen!
Where are Madam Hillary’s returns? Those should be a hoot and a holler.
I think the only people who care if Trump ever releases his tax returns Mitt are you, Cruz, Rubio and Faux News. :-)
She’s Broke.
:)
Not only is Trump just only following the law on that but he will upstage Moses on parting the Red Seas
How Trump brings back our manufacturing plants from China at #36
They’re attempting to scare him. That’s why all we’re hearing for the last week is journalists and senators saying how Trump needs to be murdered. It’s very coincidental that this tactic should arise immediately after Scalias murder...umm i mean death by natural Causes
Are you going to span every topic with this incorrect picture. Trump Tower was not built using Polish workers. The previous building was torn down using a sub-contractor that used the workers in question. You need to change the picture to reflect that fact. “Trump hired a sub contractor that used “illegal” Polish workers to tear down a building on which ground the eventual Trump Tower was built”
That would be the truth...but then again since Cruz doesn’t regard the truth as something to behold, then I suppose his supporters don’t either.
Sorry to bust you ballon on such a nice picture though.
Why do you want to see them? back off! It’s invasion of privacy.
Releasing my taxes on Facebook would be idiotic, why would you expect a candidate to do the same?
And for his next trick...
He was right.
He could shoot someone and his followers wouldn’t care.
Beacause tax returns and shooting someone = same thing.
TDS is curable.
Has Hillary released hers?
As Elvis would say.. "thank ya very much"
Just another solid reason to VOTE TRUMP!
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