Published: Fri, April 21, 2017
World | By Paul Elliott

Trump must release tax returns

Trump must release tax returns

Trump tweeted Sunday: "I did what was an nearly an impossible thing to do for a Republican-easily won the Electoral College!"

A day after protesters called on Trump to release his tax returns, the president derided the demonstrators on Twitter.

Trump refused to share his returns based on the presence of an ongoing audit, even though the IRS has said that should pose no problem.

Last weekend the President tweeted he won - "Now tax returns are brought up again?" describing tens of thousands of protesters as small rallies suggesting the organizers were paid.

Critics contend Trump's tax returns would shed light on potential or real conflicts of interest with individuals or businesses with which the government does business - and of particular interest, those with foreign ties.

"Absolutely, Donald Trump should release his tax returns", Rep. Matt Gaetz, a first-term congressman from the Sunshine State's panhandle, told a town hall in February. As the New York Times points out, presidents and vice presidents are automatically audited every year, and it has not prevented previous office holders from releasing their returns.

Images of tax protesters in cities including Washington, Philadelphia, Chicago, Los Angeles and NY flooded social media. But that's not what Americans said at rallies across the country on Saturday.

Many Democrats have called on Trump to make his returns public, but Kinzinger is one of only a few Republican voices to join their call.

ZARROLI: Sheppard says the returns probably won't reveal anything about Trump's ties to Russian Federation and China, nor will they say anything about his true net worth.

President Trump is preparing to overhaul the nation's tax code, and at least some of the coming changes could benefit his own bottom line. It's a routine one, it continues, and I think that the American public knows clearly where he stands.

Kinzinger's comments came after press secretary Sean Spicer dealt another blow to transparency advocates Monday, announcing that Trump's 2016 tax returns are under audit and therefore would not be released.

The Tax March rallies were organised through social media by a professor at Vermont Law School, Jennifer Taub, and comedian Frank Lesser.

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