Posted on 05/11/2016 5:01:00 PM PDT by JayGalt
Tax Warrior Chronicles Last week, at the Republican presidential debate in Houston, GOP frontrunner Donald Trump claimed he could not release his tax returns. "I will absolutely give my return, but I'm being audited now for two or three years, so I can't do it until the audit is finished, obviously,” he said. But how much of this is true? Here’s what The Tax Warriors® have to say…
(Excerpt) Read more at taxwarriors.com ...
It is important to first note that Section 6103 of the Internal Revenue Code states that tax returns are confidential and are protected as such. The only person who can release this information is the taxpayer (Mr. Trump, in this case). It should also be noted that there is no law that requires presidential candidates to release their tax returns to the public.
So why would “The Donald” not want to release his tax returns? First, releasing tax returns during audit could have adverse effects for you and your businesses. It could cause anyone who has a grievance with you to use the information in the returns to their advantage, or to discredit your information with the IRS. We should note that given Mr. Trump’s wealth, we assume the audit he claims is underway is part of the IRS Global High Net Worth Industry Group, which can be a very comprehensive examination and cover several years....
Obama never released his real birth certificate or transcripts. Hillary won’t release her Wall Street speeches. So why is the media so focused on Trump’s tax returns? I think I know the answer.
...........as an infamous woman once said ..........”at this point, what difference does it make?”
Now crooked Hillary said she has released 30 years of tax info. What she forgot to tell you is that they only include Form 1040....two pages.
And that's all that any candidate has ever submitted.
They want to bring him down anyway they can.
He shouldn’t release them probably because they’ll be too complex to understand by journalists and laymen, who’ll be avidly picking them apart for anything that might float their narrative of him not being as wealthy as he says.
It won’t stop when released.
Has Hillary released hers?
If I were him, I would say I would release them when Hillary releases the info on the hundreds of millions of dollars she and Bubba are hiding in the Clinton Foundation, tax free no doubt.
No one in the entire USA cares about Trump’s tax returns instead of “TRAITOR” Mitt Romney and the Democrat vermin!!! End of story!!! Not worth commenting on!!!
....’Hillary the master of lies, deceit half truths, and evil.
His lawyers say no
Even Greta agreed with that
I think this is DOJ way of hindering trump
I agree.
I posted the partial analysis and the link to the rest because I kept seeing people on FP saying that it was suspicious that Trump won’t release his returns.
This analysis confirms that he is being prudent and that any tax attorney would advise him not to release information during the audit.
There are downsides to him releasing complete tax returns since they allow competitors access to info about how he structures his businesses that would allow them to target weak points. That would be irresponsible for him to allow since so many employees & investors could be affected.
But only her 1040’s....2 pages.
It’s no ones damn business what is in someone’s tax returns. I don’t know when this utter crap became sooooo cutting edge that called for a candidate to release tax returns.
This is the kind of vapid airhead 2 second attention span shi.... That drives me crazy as hell! Sure our country will collapse because candidate a b c didn’t supply their private information.
This country is beyond repair
Or when Obama releases his real birth certificate, passport file, transcripts, etc.
...But only her 1040’s....2 pages...
Actually, she released more than that. Itemized deductions, profit and loss from a business. The most generic pages possible.
Trump could release the same type of plain vanilla stuff if he wanted to. It’s his call.
‘Hillary should be pushed to the wall about her banker, Goldman Sachs speeches. There is something she really wants to hide
Go, Donald.
Who cares?
I don’t care about Cruz’s tax return or Rubio’s or Trumps return.
I care about his agenda and policies.
He should release his tax returns when Hillary releases the transcript of her Morgan Stanley speech.
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