Schumer: If Trump doesn't release his tax returns, 'it's going to make tax reform much harder

[DonViejo]

Source: The Washington Post



By Ed O'Keefe April 11 at 11:51 AM

Senate Minority Leader Charles E. Schumer (D-N.Y.) is warning that President Trump needs to release his personal tax returns if he hopes to achieve comprehensive tax reform in the coming months.

“It’s going to make tax reform much harder” if Trump doesn’t release his returns, Schumer told reporters Tuesday. Anytime the president proposes something on tax reform, “the average American is going to say, ‘Oh, he’s not doing that because it’s good for me, he’s doing it because it’s good for him.’ So for his own good, he ought to make them public. And the big mystery is why he hasn’t.”

“I think he just has an obligation to come clean. When you clean up the swamp, it’s not keeping things secret and applies to yourself,” Schumer added.

Trump paid $38 million in federal income tax in 2005 on more than $150 million, for an effective rate of 25 percent, and reported a $105 million write-down, according to a copy of his federal tax return revealed last month.

Read more: https://www.washingtonpost.com/news/powerpost/wp/2017/04/11/schumer-if-trump-doesnt-release-his-tax-returns-its-going-to-make-tax-reform-much-harder/?utm_term=.c3a289119e0e&wpisrc=nl_evening&wpmm=1

[LuckyLib]

1. Americans and their congress critters should be raising an eyebrow at ANYTHING

Trump says about taxes: "You haven't paid taxes, that we can see, for the past 12 years. It's a topic you have studiously avoided. You have no credibility here."

[hibbing]

2. Please don't call it "tax reform"

Definition of tax reform: Tax cuts for the ruling class.


Peace

[world wide wally]

3. But rules for everyone else do NOT apply to Trump.

Just ask him.... or any Republican

[CountAllVotes]

4. Why don't we all simply not deal with taxes

To hell with filing a return. I have nothing to report anyway. *hmph*

What is good for the goose is good for the gander so to speak!

[groundloop]

5. Even if he releases them how do we know they're legitimate?

I'm very suspicious of the one tax return that got 'leaked', it wouldn't have been all that difficult for 45* to have a bean counter fabricate a tax form showing that he made a lot of money and paid a lot of taxes.

[riversedge]

7. that one -or two pager is a mystery to me.

[beachbum bob]

6. Filibuster everything until Trump follows through on releasing

his tax returns