Washington | Presumptive Republican presidential nominee Donald Trump today brushed aside calls for releasing his tax returns, saying it’s none of your business. Claiming that he runs a clean business, Trump said he does not have Swiss bank account and has no offshore accounts. It’s none of your business, Trump told ABC News when asked about the release of his tax papers.
Trump has said in the past that he would release his papers only when the audits are over. You’ll see it when I release but I fight very hard to pay as little tax as possible, the 69-year-old tycoon-turned politician said. Asked if he thought voters had a right to see his returns, something that presidential nominees have provided for roughly 40 years, the candidate replied, I don’t think they do. I don’t think they do. But I do say this, I will really gladly give them not going to learn anything but it’s under routine audit.
When the audit ends I am going to present them, he said. That should be before the election. I hope it’s before the election. But when the audit ends I have had even journalists say that, no, nobody should give until audits are over, I have had journalists say that, Trump said. Early this week, Democratic presidential front-runner Hillary Clinton took a jibe at Trump for not releasing his tax returns, which would be a break from the decades-long precedent in the race to the White House. Here is what Donald Trump wants to do. He has released just one detailed proposal in this whole campaign, Clinton said, referring to the real estate tycoon’s tax plan.
What about his taxes? So we will get around to that, too, because when you run for president, especially when you become the nominee that is kind of expected, she said at an election rally in Blackwood, New Jersey. My husband and I have released 33 years of tax returns. We got eight years on our website right now. So you got to ask yourself, why doesn’t he want to release them? Yeah, well, we’re going to find out, said the 68-year-old former secretary of state, as she was joined by many others including the 2012 Republican presidential nominee Mitt Romney in asking Trump to release his tax returns. In a post on his Facebook page, Romney said that not releasing ones tax returns is disqualifying for a presidential candidate.
It is disqualifying for a modern-day presidential nominee to refuse to release tax returns to the voters, especially one who has not been subject to public scrutiny in either military or public service, Romney said. He said there is only one logical explanation for Trump’s refusal to release his returns — there is a bombshell in them. Given Mr Trump’s equanimity with other flaws in his history, we can only assume it’s a bombshell of unusual size, he said.
In February, the Internal Revenue Service (IRS) in a statement said there is nothing in law that prevents an individual from sharing their tax information. Nothing prevents individuals from sharing their own tax information, the IRS had said. In a statement, the Clinton Campaign slammed Trump for making none of your business on his tax returns.
Our country has a long history of presidential candidates releasing their full tax returns and for good reason, said Hillary for America Deputy Communications Director Christina Reynolds. Voters deserve to know what’s in Donald Trump’s returns, how exactly he makes his money and what he does with it. Enough is enough. We know he’s done his best to avoid paying his fair share of taxes. What else is he hiding in those tax returns? she said.