While Donald Trump won't publicly release his income tax returns, the New York businessman has turned them over when it suited his needs — if he stood to make a profit, needed a loan or when a judge forced him.
Pennsylvania gaming regulators were given at least five years' worth and eight boxes full of Trump's tax documents. Nevada, Michigan, Missouri, Indiana and other state gaming officials also had access to multiple years of his returns. Large banks that lent Trump money over the years have also obtained Trump's returns. One common thread ties all those who have seen the documents: They can't talk about them. Such legal restrictions leave the public with only small glimpses into what Trump's taxes might hold.
In Monday night's debate, Democrat Hillary Clinton cited documents unearthed by reporters to question whether Trump doesn't want to release his tax returns because he has paid little or no federal income taxes. Trump's response? "That makes me smart," a comment he disavowed just minutes after the debate. Asked by reporters if he had admitted to not paying federal income taxes, Trump said, "I didn't say that at all."
Trump's multibillion-dollar fortune has been questioned by banks that demanded his tax returns before lending him money. Commercial lenders generally require both personal and business tax returns as part of a loan application, and Trump provided such information to North Fork Bank in 2004 and 2005. Though the bank's evaluations aren't public, discussion of them in a later deposition of Trump revealed they were unflattering. The deposition was taken in a defamation lawsuit Trump filed against journalist Tim O'Brien, who wrote a book that questioned Trump's net worth. Trump lost the suit.
A new Associated Press-GfK poll found that just under half of registered voters— 46 percent — say it is very important for candidates to release their tax returns, though Democrats were far more likely say it was very or extremely important than Republicans.
A recent Monmouth University poll also found that most Americans are aware that Trump has not released his tax returns, and just over half think it's because he is hiding something he does not want the public to know.
http://www.msn.com/en-us/money/comp...-for-lawsuits-and-loans/ar-BBwIQVG?li=BBnb7Kz
Pennsylvania gaming regulators were given at least five years' worth and eight boxes full of Trump's tax documents. Nevada, Michigan, Missouri, Indiana and other state gaming officials also had access to multiple years of his returns. Large banks that lent Trump money over the years have also obtained Trump's returns. One common thread ties all those who have seen the documents: They can't talk about them. Such legal restrictions leave the public with only small glimpses into what Trump's taxes might hold.
In Monday night's debate, Democrat Hillary Clinton cited documents unearthed by reporters to question whether Trump doesn't want to release his tax returns because he has paid little or no federal income taxes. Trump's response? "That makes me smart," a comment he disavowed just minutes after the debate. Asked by reporters if he had admitted to not paying federal income taxes, Trump said, "I didn't say that at all."
Trump's multibillion-dollar fortune has been questioned by banks that demanded his tax returns before lending him money. Commercial lenders generally require both personal and business tax returns as part of a loan application, and Trump provided such information to North Fork Bank in 2004 and 2005. Though the bank's evaluations aren't public, discussion of them in a later deposition of Trump revealed they were unflattering. The deposition was taken in a defamation lawsuit Trump filed against journalist Tim O'Brien, who wrote a book that questioned Trump's net worth. Trump lost the suit.
A new Associated Press-GfK poll found that just under half of registered voters— 46 percent — say it is very important for candidates to release their tax returns, though Democrats were far more likely say it was very or extremely important than Republicans.
A recent Monmouth University poll also found that most Americans are aware that Trump has not released his tax returns, and just over half think it's because he is hiding something he does not want the public to know.
http://www.msn.com/en-us/money/comp...-for-lawsuits-and-loans/ar-BBwIQVG?li=BBnb7Kz