Trump's biggest FEARS about releasing his tax returns.
Today in Salon;In response to:
Michael Cohen reveals Trump’s "biggest fear" about having his tax returns released
Brad Reed
Salon Wed, September 16, 2020, 12:51 PM EDT
President Donald Trump's former personal attorney told CNN's Alisyn Camerota on Tuesday that President Donald Trump has much to fear about having his tax returns released.
During an interview to promote his new book, titled "Disloyal,"Cohen was asked by Camerota why Trump is so reluctant to release his tax returns despite pledging for years to make them public.
Cohen replied that, for one thing, they would reveal Trump isn't nearly as rich as he pretends to be.
"He doesn't report the income he claims," the former Trump attorney explained. "His wealth is not as significant, and I imagine they were probably lenient in how they took deductions."
However, Cohen also said that being exposed for not being as wealthy as he has claimed is not the president's biggest worry.
"His biggest fear is, if that tax return was released, there's a whole slew of accountants and forensic accountants that will rip through it and he will end up with a massive tax bill, penalties, fines and possibly even tax fraud," he said.
Michael Cohen reveals Trump’s "biggest fear" about having his tax returns released
Brad Reed
Salon Wed, September 16, 2020, 12:51 PM EDT
President Donald Trump's former personal attorney told CNN's Alisyn Camerota on Tuesday that President Donald Trump has much to fear about having his tax returns released.
During an interview to promote his new book, titled "Disloyal,"Cohen was asked by Camerota why Trump is so reluctant to release his tax returns despite pledging for years to make them public.
Cohen replied that, for one thing, they would reveal Trump isn't nearly as rich as he pretends to be.
"He doesn't report the income he claims," the former Trump attorney explained. "His wealth is not as significant, and I imagine they were probably lenient in how they took deductions."
However, Cohen also said that being exposed for not being as wealthy as he has claimed is not the president's biggest worry.
"His biggest fear is, if that tax return was released, there's a whole slew of accountants and forensic accountants that will rip through it and he will end up with a massive tax bill, penalties, fines and possibly even tax fraud," he said.
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Comments (5)
It is very possible, that some tax evasion type crimes may be charged AFTER he is booted out
of office in late January. Of course, those will be piled ontop of all the other crimes he has
committed.
Then IRS must not see any evidence of tax evasion or fraud. If they did, would a sitting President still be exempt from prosecution? Apparently a sitting Vice President is not immune, if you remember Nixon's VP Spiro Agnew. Spiggy did not report his income from bribes from state contractors while he was Governor of Maryland. Soon as the US Attorney in Baltimore discovered this, he did not hesitate, and tuff-talking Spiggy was off to prison.