TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Monday, September 19, 2016

The IRS Scandal, Day 1229

IRS Logo 2Newsmax, Christie Backs Trump Tax Release Delay Given US Mistrust of IRS:

Donald Trump is being wisely advised to keep his tax forms under wraps during an audit "given the history of the Obama administration" to use IRS In "as a weapon" against conservatives, New Jersey GOP Gov. Chris Christie said Sunday.

In an interview on CNN's "State of the Union," Christie, a former primary presidential candidate who is now one of Trump's top advisers and surrogates, said most Americans' don't trust the IRS.

"Given the history of the Obama administration and IRS to use the IRS as a weapon against conservative groups and candidates, I don't blame the accountants for saying better safe than sorry," he said, in reference to the agency's tea party targeting scandal.

"I bet your listeners and viewers out there don't trust the IRS as far as they could throw them," he added. "I don't blame his lawyers and accountants for telling him until the book is closed, and the IRS can't go after you, you shouldn't release your tax returns."

https://taxprof.typepad.com/taxprof_blog/2016/09/the-irs-scandal-day-1229.html

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Comments

I wonder why the Obama IRS decided to audit Trump this year?

Who will release Trump's returns first, Trump or the Obama IRS?

Posted by: wodun | Sep 19, 2016 11:26:00 PM

I trust the IRS more than I trust Chris Christie or Donald Trump.

Posted by: Scott | Sep 20, 2016 6:08:10 AM

"I trust the IRS more..."

What's the trust based on? Certainly not transparent behavior...

Posted by: MM | Sep 20, 2016 7:54:42 AM

Mr. wodun: What makes you think the decision to audit Mr. Trump: 1) was made at all; 2) was made this year; or 3) concerns recent or current tax years? Perhaps he is under criminal investigation, and therefore the IRS has put a hold on the audit? You have no evidence other than Mr. Trump's ipse dixit that anything is under audit. Likewise, how do you know Mr. Trump: 1) was admitted Penn on the up-and-up; 2) graduated from Penn; 3) was a student at Wharton; or 4) had the highest grades ever recorded in the Wharton real estate program? Don’t you need to see Mr. Trump’s federal and state returns, at least for 2012-15, along with certified copies of his Penn transcripts? What makes you think he has Penn transcripts?

Posted by: Publius Novus | Sep 20, 2016 9:02:11 AM

Update: WaPo has uncovered additional illegal payments from the Trump Foundation. Maybe this might have something to do with Mr. Trump’s reluctance to disclosure his returns? Or if he is being audited, why he is being audited? And this is in addition to the $25k payment to AG Bondi.

https://www.washingtonpost.com/politics/trump-used-258000-from-his-charity-to-settle-legal-problems/2016/09/20/adc88f9c-7d11-11e6-ac8e-cf8e0dd91dc7_story.html?postshare=7751474381637324&tid=ss_tw

Posted by: Publius Novus | Sep 20, 2016 10:03:37 AM

Publius is right; Trump's tax improprieties are far more serious and relevant to the discussion than say the Clinton Foundation accepting millions and millions of dollars in donations, while Hillary was Secretary of State, from foreign governments and associated individuals in such countries as Algeria, Bahrain, the Democratic Republic of Congo, Ethiopia, Nigeria, Qatar, the Sudan, and Uzbekistan, all of whom where either accused of or investigated for rampant corruption, election fraud, terrorist financing, human rights abuses, or crimes against humanity. Not to mention the Clinton Foundation failing to collect foreign donation information for years, despite a promise to do so in the name of transparency, as well as failing to disclose over a thousand mostly foreign donations despite signing an agreement with the White House to do so.

I agree with Publius, that's all small potatoes compared to what a dishonest real estate developer has hidden in his personal tax returns... : )

Posted by: MM | Sep 20, 2016 8:44:21 PM

I think Trump should release his tax returns...

at a joint press conference with Obama, who will release his college and law school transcripts!

Posted by: todd | Sep 22, 2016 12:02:51 PM