Trump could release his taxes but probably won't, experts say

Alvin Kelly
April 20, 2017

"It also gave me hope that there would be more public pressure on Donald Trump to release his tax returns".

"It's been covered before".

ROSE: Trump said during the campaign that he wouldn't release his tax returns because they're under audit.

House Democratic Leader Nancy Pelosi asked in a statement sent to PoliticusUSA why Republicans aren't pushing for Trump to release his tax returns, "Republicans will sell your most private information, your most private information, but they refuse to reveal the President's tax returns, something every President since Gerald Ford has done, and indeed every nominee of the other party has done".

President Trump's refusal to release his tax returns should infuriate all Americans.

Trump's White House team has meanwhile suggested that the president has no plans to release his returns even when any audits end. In fact, according to the story quoted above, the IRS's audits of the president's and vice president's returns are "fast-tracked": "The returns must be assigned within 10 business days of receipt in the group". Well, every secretary in Trump's Cabinet had to supply three years of tax returns before being confirmed.

"We'll have to get back to you on that", Spicer replied. "I feel strongly that he should release his tax returns to the American people".

Schumer said, in what is a pretty obvious red line, if Trump wants to do tax reform, he should release his taxes.

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Trump appeared again on Hewitt's radio program and said of his returns, "we'll get them out at some point, probably".

"So he may?" Karl asked.

More than a dozen Republicans - from recognizable names like Senator Joni Ernst of Iowa and Representative Mark Sanford of SC to backbenchers like Representatives David Young of Iowa, Matt Gaetz of Florida, Walter B. Jones of North Carolina, Ted Yoho of Florida, Rodney Frelinghuysen of New Jersey and Justin Amash of MI - have agreed that Mr. Trump should release his returns.

Trump may have seen some of the protesters Saturday as he went by auto from Mar-a-Lago to his golf club in West Palm Beach. On Monday, Treasury Secretary Steven Mnuchin acknowledged that getting a tax bill to the president by August is unrealistic. USA Today reports that has been IRS policy since the Nixon administration.

Former President Ronald Reagan's 1981 tax return showed that he paid taxes at an effective rate of 40 percent.

Trump tweeted that he's already filed public financial disclosure forms that are "great". He added that trump is "going to release his tax returns when the audit is over". We litigated this all through the election. It was announced on Sunday, April 17 that Donald Trump would come to Kenosha, Wisconsin on April 18 to visit the Snap-On Tools Corporation.

Other North Carolinians took to the streets in Raleigh Saturday to call for Trump to release his tax returns - one of many Tax Marches nationwide.

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