The New York Times editorial board absolutely blasts Trumps on not releasing his tax returns and his transparency claims. They also mention in the editorial he received a tax credit only available to families making less than $500,000 and even though Trump claims that credit was a mistake, he has taken the same credit in the past. Could this be the beginning of the media hounding Trump to release his tax returns?
Folks, David Fahrenthold’s outstanding investigative reporting might be jolting the media into action. Read the the entire scathing editorial and share, share, share!
All major party nominees for president going back nearly 40 years have released their tax returns except Donald Trump. That leads to a simple question: What is he hiding?
It is odd that Mr. Trump, who demanded proof on paper that President Obama was born in the United States, would expect voters to take on faith his own claims about his commercial successes, his dealings with business partners, what he gives to charity and other financial matters that could conflict with his duties if elected president. His tax returns are the only documents that can conclusively corroborate or disprove his claims and allay concerns about conflicts of interest.
Tax records from New York City also show that Mr. Trump has, as recently as this year, received a property tax credit that is available only to families earning less than $500,000 a year. His campaign has said that the credit was issued in error. But he has received the same credit in the past.
His tax returns could shed light on whom he does business with. The detailed schedules in his tax return could reveal the source of his earnings and debt. This would provide information about his ties to Russian oligarchs, Middle Eastern billionaires and other figures closely linked to foreign governments that might be trying to influence or thwart American policy.
Mr. Trump says he wants to fix a “rigged” political system controlled by a powerful elite. But by refusing to subject himself to the most basic level of financial scrutiny he is disqualifying himself as candidate.