Is Donald Trump lying to the American people when he says his taxes are under audit ??

[kentuck]

Why should the IRS not be able to respond to that simple question? It's not like asking for personal financial information, debits and credits.

A simple yes or no would suffice.

Would Donald lie?

[fleabiscuit]

1. Does't matter if they are under audit, he can still release them. nt

[Maeve]

2. Is his mouth moving? eom

[panader0]

3. Even if his taxes are being audited, I believe they still be released.

Not by the IRS but by Trump.
But I'm not sure if the IRS can say whether they are being audited or not.
I doubt if they can release that info. And I'll bet Trump's lawyers knew that.

[Flaleftist]

4. The IRS has said an audit does not

prevent him from releasing his taxes. That's just another one of his many lies.

[malaise]

5. Yes

Yes Yes

[Mr. Ected]

6. If ever there was a man whose taxes needed to be perpetually audited

That man would be Donald J Trump.

[mainstreetonce]

7. He should produce an audit letter

If that doesn't exist, all his excuses are a total lie,including the phony letter he showed from his attorney.

[underpants]

15. Thank you. An audit letter would be a good start.

[Quackers]

8. Maybe

The IRS isn't allowed to disclose if someone is under audit or not, unless they charge them with some tax crime. Whether he is or not, theres no rule that says you're prohibited from releasing your own taxes even if they are currently being audited.

He's just lying.

[milestogo]

9. I've seen whole companies get audited more quickly than Trump.

[spanone]

10. IRS: Nothing prevents Trump from releasing tax returns

Republican presidential candidate Donald Trump is not prohibited from releasing his tax returns because he is being audited, according to the Internal Revenue Service.

“Nothing prevents individuals from sharing their own tax information,” the IRS said in a statement.

Trump, a wealthy businessman, said during Thursday’s debate that he can’t release his tax returns because he is the subject of an audit. At a press conference on Friday, he reiterated that he would not make his returns publicly available until the audit is complete.
“I’m just going to put you people to rest: Until my audit is finished, very simple, you are not going to see anything,” he said.

But while tax law does not prevent Trump from releasing his returns, waiting until his audit is completed may be beneficial, experts said.

http://thehill.com/policy/finance/270964-irs-nothing-prevents-trump-from-releasing-tax-returns

[Progressive dog]

11. Yes

[NCTraveler]

12. I doubt he is lying.

I have looked thru his list of bussiness entities. Most are insignificant but it is still a lot. There is a very good chance that one of his interests is always being audited.

Releasing his taxes would not interfere with an audit.

[kentuck]

18. I think a lot of his "business interests" are labeled "Trump, LLC's"...

Those would be difficult to explain or to comprehend. Probably because most of them have been used to launder money? Perhaps?

[NCTraveler]

22. Wish I had more time to look at them.

One is an entity set up to get and manage a cemetart for his family and select associates. I spent about three hours looking at some of them. I just don't have time to look more.

http://online.wsj.com/public/resources/documents/TrumpFinancialDisclosure20150722.pdf

[kentuck]

31. Thanks for the link!

I bookmarked to look at it later.

[WePurrsevere]

13. It doesn't matter. Buffett was under audit too released his to prove Trump wrong...

https://www.nytimes.com/2016/10/11/business/buffett-calls-trumps-bluff-and-releases-his-tax-return.html?_r=0

In the above link it also mentions that the IRS has said that an audit doesn't prevent Trump from making his returns public.

The FACT is that Trump is LYING about not being able to release them. Why LIE about this when releasing them would stop the demands to see them UNLESS of course you have something to hide that releasing them would reveal.

[Buns_of_Fire]

14. No, he's not lying when he says they're under audit.

He's in that bracket that gets audited EVERY year.

He's lying when he says that the audit is why he can't release them. The IRS can't release them. He can. And the first thing the IRS would probably do is take a quick look and see if there's any difference between what he'd released to the public and what he'd filed.

It's a no-win situation for him. I love it.

[smirkymonkey]

16. He might not be lying when he says they are under audit, but

he is lying when he says they can't be released.

[JHB]

17. Does a howler monkey sniff when making speeches?

[duncang]

19. Notice they always say "normal audit"

So if it is normal and nothing to see hear. The next question is why not release? Now this part I am going the "kindest" possible interpretation I can come up with. It could possibly be "legal" but shows conflicts of interest. Where he should be expected to recuse his self from any executive orders maybe even commenting on it. Personally I think there is a lot more to it then that.

[Angry Dragon]

20. yes

[briv1016]

21. Ironically now that he is president he is required by law to be audited every year.

That being said. Every president since Carter has released their taxes every year of their presidency while under these audits.

[Kathy M]

23. He probably is not lying about the audit every year especially with his taxes

the other thing to keep in mind are extensions . Even living in small town we do I know a few who have filed extensions .

[world wide wally]

24. He just doesn't want us to see all that Russian income in there

[Kathy M]

25. The other thing forgot about are the estimated taxes paid every few months with

businesses / corporations

[jrthin]

26. Yes!!! nt

[struggle4progress]

27. Doesn't he earn an automatic annual audit as POTUS?

[ornotna]

28. If he's talking, he's lying n/t

[NewDealProgressive]

29. Yes.

If he says anything about anything, assume he's lying.

[unblock]

30. He didn't say *who* is conducting the audit!

Kpmg? Ernst&young? Deloitte? Price Waterhouse Cooper?

If the IRS isn't auditing his taxes, he could pay any of them a small fee to conduct a private "audit" of his taxes. The scope letter could specify do not actually look at his taxes and to never finish it, lol!

[califootman]

32. What about past tax returns

Shouldn't some of his past tax returns have cleared audit and therefore be releasable by his criteria? Even if they were five or ten years old it would be a good faith gesture to release them and quell some of the uproar over his lack of transparency.

Perhaps he knows their release would only create more uproar.

[Wounded Bear]

33. Yes, and he could easily clear it up...

by showing the letter from the IRS telling him he's under audit.

The IRS didn't tweet him that he was under audit.