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Hillary Clinton has a theory on why Donald Trump hasn’t released his tax returns yet, and it doesn’t have anything to do with an ongoing audit.
On NBC’s “Meet the Press” Sunday morning, Clinton told host Chuck Todd, “I think he needs to release his tax returns. The only two we have show that he hasn’t paid a penny in taxes.”
Clinton was referring to this Washington Post report about two released Trump tax returns from the late 1970’s that show he paid zero taxes by taking advantage of loopholes and the ability, common among developers, to report “negative income.”
“And yet he goes around talking about ‘Make America great.’ You know?” Clinton continued, “That means paying for our military. That means paying for our roads. That means paying for the [Department of Veterans Affairs]. That means a lot of things.”
“And if you’ve got someone running for president who’s afraid to release his tax returns, because it will expose the fact that he pays no federal income tax, I think that’s a big problem.”
Whenever he is asked about the issue (or non-issue), Trump insists he has been advised by his attorneys to hold off releasing his returns until the ongoing IRS audit is complete.
He has also said that he pays as little tax as possible. And why shouldn’t he? After all, who in their right mind would pay more to the government than their legal obligation? If the businessman Donald Trump didn’t do everything within his power to legally minimize his business expenses, including taxes, that would make him a pretty bad businessman.
How many Democrats are lining up to pay more than they are legally obligated to pay?
However, that doesn’t mean the politician Donald Trump wouldn’t seek to minimize some of those deductions the “rich” currently legally claim, as he has promised to work toward.
Maybe Trump should tell Hillary he’ll release his tax returns when she releases her emails!
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