Boston Globe: Why won't Trump release his taxes? Here's one explanation you may have missed.
Washington,
April 4, 2019
In late February, hours into Cohen’s headline-making testimony to the House Oversight Committee, Representative Jimmy Gomez, a California Democrat, asked, “Can you give us any insight into what the real reason is that the president has refused to release his tax returns?” Cohen responded, “Statements that he has said to me is that what he didn’t want was to have an entire group of think tanks that are tax experts run through his tax return and start ripping it to pieces and then he’ll end up in an audit and he’ll ultimately have taxable consequences, penalties and so on.” …Asked by Gomez if he knew whether Trump’s tax returns were being audited by the IRS in 2016, Cohen said, “I don’t know the answer. I asked for a copy of the audit so that I could use it in terms of my statements to the press, and I was never able to obtain one.” Full Article |