Pretty strong and damning commentary here from former IRS commissioner Fred Goldberg, who served under the Reagan and Bush Sr. administrations.
finance.yahoo.com/…
He explains, even under an audit, nothing prevents us from releasing our returns. In this case, this joker is aspiring to be President and we have every right to know how he comports himself financially.
nothing prevents us as taxpayers from choosing to release our tax returns — and those who aspire for the highest public office have done so for decades.
Ouch! I think we all know Trump is hiding something, but when a former IRS official is suspicious that’s a huge red flag.
As a citizen and voter, I want to take a look because I will learn something important about this man who would be president. Inevitably, his refusal to release his returns raises a question: What is Trump hiding?
He won’t even do the simplest thing and release his first two pages of his tax return. If the first two pages are damning, just think what the rest would reveal?
a first step that Trump has no excuse for not taking. He can and should immediately release the first two pages of his Form 1040, along with his Schedule A, for the past 20 years. This would tell us how much he makes, how much he pays in taxes, and how much he contributes to charity.
Releasing this information would have no impact on any pending or future IRS audit of Trump. Zero. None. It is a risk-free first step with no downside.
He goes on to explain why the simple step of releasing his first two pages of tax returns would shed some light on all his wild financial and charity claims on the campaign trail.
The first two pages of his enormous tax returns, along with his Schedule A, will shed important light on these claims. The first two pages plus the Schedule A of the Clintons' 2015 tax return tell us they made $10.6 million; that they made charitable contributions of $1.0 million; and that they paid federal taxes of $3.6 million, for an effective tax rate of 34 percent. We have that same information about the Clintons for the past 20 years. The first two pages of Trump's tax returns, together with his Schedule A, would provide us with the same information for him. He can and should share that information with no audit risk whatsoever.
Mr. Goldberg discloses, at the end of his commentary, he’s voting for Hillary. He’s seen her tax returns. He hasn't seen Trump’s.
This year, I will be voting for Hillary Clinton . I am confident she will keep us safe and that she could and would work with Republicans in Congress to lead our country to a better future for all Americans.