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To: Helicondelta

Trump says he’s not doing anything with his taxes while the IRS is auditing him. Makes legal sense to me. He doesn’t want to verify in public something that the IRS might be trying to figure out behind the scenes.

Besides, I think that Trump probably doesn’t claim income. His entire life is his business. I’m betting 100% of the profit stays in the business. IIRC, he even lives in his business tower. They probably do just fine on Melania’s cash.


28 posted on 05/12/2016 5:33:42 AM PDT by xzins ( Free Republic Gives YOU a voice heard around the globe. Support the Freepathon!)
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To: xzins

Trump said he gets audited every year. I don’t think any good lawyer would advise him to release his tax returns during an audit.


30 posted on 05/12/2016 5:36:56 AM PDT by Boardwalk
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To: xzins
-- Trump says he's not doing anything with his taxes while the IRS is auditing him. Makes legal sense to me. --

His numerous detractors argue that the law doesn't prevent him from making his tax returns public while they are under audit. This is a total straw man, one of the favorite tools of the perpetually dishonest. Trump has made it clear that he is keeping them private under advice of legal counsel. He asked Greta Van Susteran, who was pressing him on release of his returns, what advice she would give him if she was his lawyer. She said she'd advise him to not make the returns public while they were under audit.

That admission doesn't appear in the numerous news reports this morning.

Greta Confronts Trump on Tax Returns: 'People Are Suspicious'
Romney calls decision by Trump not to release tax returns 'disqualifying'
Trump Will Release His Tax Returns, Just After He Runs Out Of Reasons Not To
Donald Trump Still Has No Idea How Many Years of Tax Returns the IRS Is Auditing

36 posted on 05/12/2016 5:50:01 AM PDT by Cboldt
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