Trump 'May' Release Tax Returns Post-Audit. Critics Are Skeptical
Trump said he may release his tax returns once IRS audits end, after a Justice Department action halted the reviews, critics said.
- Acting Attorney General Todd Blanche issued a Justice Department document this past week effectively shutting down existing Internal Revenue Service audits, investigations, and enforcement actions against President Donald Trump, his family, and his business empire.
- Since his 2016 campaign, Trump has consistently declined to release tax returns, citing ongoing Internal Revenue Service audits as the reason for withholding them and breaking from the presidential tradition followed by most predecessors.
- Alongside the audit shutdown, Trump dropped a recently filed lawsuit against the Internal Revenue Service concerning tax data that had been leaked to media outlets.
- Some tax experts remain skeptical that Trump will actually release his tax details, citing his long-standing commitment to blocking transparency regarding his business empire and financial records.
- Trump told reporters Wednesday he might release his "current returns," though it remains unclear whether he will provide comprehensive financial records of his many companies.
34 Articles
34 Articles
Omaha World-Herald
Trump 'may' release tax returns post-audit. Critics are skeptical
Trump's long-running explanation for not releasing his tax returns was upended Tuesday when a Justice Department document effectively shut down any existing IRS investigations against Trump.
Trump 'may' release tax returns post-audit. Critics are skeptical.
Trump's long-running explanation for not releasing his tax returns was upended Tuesday when a Justice Department document effectively shut down any existing IRS investigations against Trump.
The IRS Settlement With Trump Sets a Precedent That Could Protect Every Wealthy American from Tax Audits
Just before eight in the morning, the addendum appeared on the Justice Department website as a single page hidden behind a much longer settlement that had been made public the previous day. The majority of people wouldn’t have noticed. The metadata indicates that it was scanned at 7:50 a.m., which is the kind of information that sticks in your memory and implies that someone wanted it out the door before the news cycle fully awakened. By midday,…
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