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What could Trump’s tax returns reveal?




Republican presidential candidate Donald Trump speaks to the crowd at a town hall meeting in Aiken, South Carolina.
Republican presidential candidate Donald Trump speaks to the crowd at a town hall meeting in Aiken, South Carolina.
Sean Rayford/Getty Images

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Donald Trump’s tax returns aren’t seeing the light of day anytime soon.

He says he can’t release them until the IRs finishes auditing the past several years of his returns. In fact, Trump can choose to release them. There’s no IRS rule against doing so. However, it would open him up to everyone poring over his returns and potentially giving the IRS things to use in the ongoing audit.

Nonetheless, former GOP nominee Mitt Romney blasted Trump yesterday.

In a Facebook post he said "It is disqualifying for a modern-day presidential nominee to refuse to release tax returns to the voters, especially one who has not been subjected to public scrutiny."

Guests:

Robert Wood, tax attorney and managing partner at Wood LLP in San Francisco

Philip Bump, reporter for the Washington Post