It’s All But Official: Donald Trump Won’t Release His Tax Returns
The writing has been on the wall for months now, but Sunday seemed to make it official: Donald Trump will become the first presidential nominee since Gerald Ford to not release his tax returns during the campaign.
Both Trump’s vice presidential nominee, Indiana Gov. Mike Pence, and his campaign manager, Kellyanne Conway, essentially confirmed during their respective interviews that no disclosure would be forthcoming.
“I think as soon as the audit is completed [he will make them public],” Pence said on NBC’s “Meet the Press.” When host Chuck Todd mentioned that the most recent returns weren’t under audit, Pence didn’t blink.
“He will release all his tax returns when the final audit is completed,” Pence said.
Conway stuck to a similar script when discussing the tax returns during an interview with ABC’s “This Week.”
“Not until our accountants and our lawyers say that we should,” she said, when asked if they would be released before the election. “We’re under audit. But he has disclosed a 104-page financial disclosure form that is publicly available. Anybody can pull it up and I say that they should.”
Trump has been under constant pressure to make his tax returns public, both because not doing so would be a sharp break from prior practice and because there are a number of questions surrounding his finances and charitable giving. The latest questions were raised in a Washington Post article Saturday, which reported that, despite routine public boasting about his generosity, there was almost no evidence that Trump has given to charity since 2009.
Trump and his campaign have cited a rolling audit of his finances as the reason why he can’t disclose his tax returns. Though lawyers advise against putting out returns during an audit, they have also stressed that there is no legal prohibition from doing so.
Explanations aside, the decision to not make his returns public makes Trump especially guarded in the modern political era. Every major-party presidential nominee since Nixon has put out this information, save Ford, who released a summary when he ran in 1976. Hillary Clinton and her husband have put out returns every year since 1977. Even Pence put out 10 years of tax returns this cycle.
Trump is different. And while his campaign has argued that Clinton is secretive in other areas (they’ve demanded that she turn over all of her emails from her time as secretary of state, for example), it’s also true that Trump has now set a precedent of nondisclosure that future candidates can (and will) follow.
(h/t Huffington Post)
Trump had a contradictory position 4 years ago when he demanded Mitt Romney to release his tax returns.
Why does Obama believe he shouldn't comply with record releases that his predecessors did of their own volition? Hiding something?
— Donald J. Trump (@realDonaldTrump) October 30, 2012
As for the “audit” excuse, the fact remains that this rationale has never made any sense: an IRS audit doesn’t preclude someone from sharing their returns.
Since Watergate, every presidential candidate, Democrat or Republican, has released his or her tax returns. It’s not required by law, but there’s a tradition of disclosure that Americans have come to count on during the presidential vetting process: candidates for the nation’s highest office are expected to release information related to their personal health and their tax filings.
Indeed even Richard Nixon, during his presidency, released his tax materials in the midst of an IRS audit. Trump could, if he wanted to, release these returns whenever he feels like it. For reasons he won’t explain, the GOP candidate just doesn’t want to.
If you remember the line once spoken by President Richard Nixon, “I am not a crook!” then you may not know it came in response to revelations that he had illicitly profited from his years in public service.
It’s as if the campaign has decided to wave a big, unmistakable sign that reads, “We have something to hide.”