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He keeps getting audited year after year because as he says "I'm a strong Christian".
“As far as my return, I want to file it, except for many years, I've been audited every year,” he said. “Twelve years or something like that. Every year they audit me, audit me, audit me. I have friends that are very wealthy people” who never get audited."
Stanford law professor Joseph Bankman said it’s not so odd for a man of Trump’s wealth to be subjected to repeated audits.
“A lot of super wealthy individuals, and all large companies, are audited every year,” Bankman said Thursday night.But he said Trump’s statement that he “can’t” publicly release his returns is a headscratcher.“
I'm not sure why that prevents him from releasing his returns. "They are his to release", Bankman said.
While tax returns are confidential by law and can’t be released by the IRS, there’s no legal restriction on Trump publicly releasing his own forms if he sees fit. Also, some of Trump's past returns are not under audit. At this point, he hasn't released those either.
Last edited by DollyLongstaff (2/26/2016 8:51 am)
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DollyLongstaff wrote:
He keeps getting audited year after year because as he says "I'm a strong Christian".
“As far as my return, I want to file it, except for many years, I've been audited every year,” he said. “Twelve years or something like that. Every year they audit me, audit me, audit me. I have friends that are very wealthy people” who never get audited."
Stanford law professor Joseph Bankman said it’s not so odd for a man of Trump’s wealth to be subjected to repeated audits.
“A lot of super wealthy individuals, and all large companies, are audited every year,” Bankman said Thursday night.But he said Trump’s statement that he “can’t” publicly release his returns is a headscratcher.“
I'm not sure why that prevents him from releasing his returns. "They are his to release", Bankman said.
While tax returns are confidential by law and can’t be released by the IRS, there’s no legal restriction on Trump publicly releasing his own forms if he sees fit. Also, some of Trump's past returns are not under audit. At this point, he hasn't released those either.
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Just the fact that he is being audited every year is a problems the IRS don't audited every year just because you have a lot of "MONEY" and I don't think it prevents him from releasing his returns.but that's just me, I also think there is something there
Last edited by snapzz (2/26/2016 9:05 am)