There are four possible reasons why Donald Trump refuses to do what every other presidential candidate in 40 years has done – release his tax returns.
1 – He earns far less than he wants us to believe. While a couple of years’ worth of tax returns do not by themselves show his net worth, they are decent indicators of the state of his financial affairs.
2 – He gives a ridiculously low amount to charity. We’ve seen the games he’s played with donations to Veterans. Despite a few well-publicized gifts over the years, there are many reasons to believe he’s a tightwad when it comes to sharing his wealth.
3 – The returns reveal embarrassing entanglements with sleazy domestic firms, or worse, with nefarious foreign firms or nations. The rumors are starting to fly, and the evidence is mounting, but since I pride myself on only posting verified information, I’ll say no more. For now.
4 – He pays little or no taxes. Which means, as Elizabeth Warren has said so well in this video, that you have been subsidizing his businesses.
So which of these is the most likely reason for Trump’s stonewalling? My guess is that it’s all four. Seriously. I am in the financial business, I devour news from many sources, and from my perspective the signs are all there that releasing his returns would be devastating.
His explanation that he is being audited and therefore cannot release them, by the way, has been debunked by every expert.
The Clintons, in case you’re curious, have been paying some serious taxes; close to $10 million on their most recent return, for a tax rate near 35.7% of AGI.
So come on Donnie. Prove me wrong. Put up or shut up.
Thanks for caring about the truth.
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