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5 years ago|5 views

Donald Trump won't release tax returns before November election

Wibbitz Top Stories
Wibbitz Top Stories
Presumptive Republican presidential nominee Donald Trump told the Associated Press releasing his tax returns before the November election would be a waste of time.
In the interview, Trump said “there’s nothing to learn” from his tax returns and dismissed the idea that voters had a right to see them.
There is no legal requirement for a presidential candidate to make his or her tax returns public, but every major party nominee since 1976 has done so.
Analysts believe Trump likely pushed the envelope to turn ordinary income into capital gains, and deferred the payment of tax through like-kind exchanges.
The tax returns may also validate how much income he receives from licensing his name.
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