It seems that much like Hillary Clinton uses the Clinton Foundation for some creative accounting on her convoluted tax returns, there’s a real reason similar to hers why Donald Trump isn’t releasing his taxes. Still.
What is so interesting about both of your choices for president in this #Election is it seems they both do whatever it takes to pay less than their fair share in taxes. This means that they’re both stealing from the same federal government with which they are trying to become the president. Now that’s just some messed up stuff. I wonder how creative the federal government’s budget accounting is going to get with either one of these two in office?
Donald Trump tries to dodge the question
Thankfully, George Stephanopoulos finally ticked off Donald Trump enough by refuting all of Trump’s excuses for not releasing his tax returns. The excuse that Trump’s been sticking with the most lately is he cannot release his tax returns because of his audit. Even the IRS contradicted him on this one, saying it’s perfectly legal for him to release his taxes, even during an audit.
In fact, Stephanopoulos pointed out that Trump has not only been the first presidential candidate not to release his tax returns since 1976, he released them for another purpose—when applying for a casino license, yet not to the American people. Trump’s response about the casino license was that at that time, it didn’t make any difference whether or not he released his tax returns, but now during the presidency, it does. Now that’s an answer that’s going to make a person think—and demands a little more insight.
Trump’s anger reveals the real reason
Of course, just like you and me, Stephanopoulos wanted to know what the heck that meant, since the voters usually like seeing tax returns and can learn quite a bit about their candidates when they release their taxes. Stephanopoulos apparently picked at a nerve when he guessed that Donald Trump’s financials don’t show his tax rate, and even asked Trump what his tax rate is.
That’s when a very angry response came back at Stephanopoulos about Trump’s taxes from Trump. Trump stated it was “none of your business” but admitted he tries to “pay as little tax as possible.” That little temper tantrum is a nice demonstration of how Trump might react with foreign leaders if he becomes president, and it also shows that Trump’s hiding his tax returns for a very good reason: it’s going to cost him votes, and he knows it. It also tells us that we might never know what’s going on with federal financing if he becomes president. While Clinton released hers, it was so inflated with nonsense it’s difficult to follow her accounting measures. With Trump, we’re just never going to know.
Furthermore, he seems to think that because he’s Donald Trump, even though all other candidates since 1976 have released their tax returns, he shouldn’t have to. If a potential president is willing to break a tradition about showing honesty with his own financials, what other traditions might he break? And if any regular American was as creative with their taxes as either one of these presidential nominees, would he or she be able to get away with it like these two have?