Trump Still Not Giving in to Demands Calling for Tax Returns

shutterstock_283689917

 

So what do you think about Donald Trump and his tax returns? This has been the subject of much scrutiny since Mr. Trump announced he was running for president and eventually becoming the republican nominee. Whether you love him or hate him, it appears that most people, even republicans feel that he should release his tax returns for the public to see.

His reasons for not doing so have ranged from he can’t because he’s being audited to people really don’t care about his taxes. More recently, his son, Donald Jr., said disclosing his father’s finances would only serve to cause political problems, “because he’s got a 12,000-page tax return that would create financial auditors out of every person in the country asking questions that would distract from Trump’s main message.”

It seems that just about everyone has an opinion on the matter, including fellow billionaire, Mark Cuban. In fact, we recently shared some thoughts from the Dallas Mavericks’ owner in this blog space: click here to read more. Now it seems that Mr. Cuban, who has pledged his support for Hilary Clinton, has more to say about this subject matter. According to the outspoken entrepreneur, not releasing his tax returns is actually one of the smartest things Mr. Trump has done.

As Mr. Cuban sees it, by not making his tax returns public the republican nominee has been able to keep his returns at the forefront of the campaign, thus allowing him to avoid talking about issues that actually matter. So in other words, Mr. Cuban feels that Mr. Trump’s unreleased tax returns are serving as a very effective diversion. Meanwhile, at this point Mr. Trump still has not indicated exactly when, or if, he will release his returns.

Posted in
Is Your Business’ Accounting Firm Up to The Task?

Is Your Business’ Accounting Firm Up to The Task?

Is Your Business’ Accounting Firm Up to The Task? Businesses and individuals use accounting firms for several reasons, including tax planning and preparation, accounting, business valuations, consulting and wealth planning & management. However, not all accounting firms offer all of these services, which means potential customers might have to use multiple firms in order to…

Lawmakers Hand Out Some Last Minute Tax Breaks

Lawmakers Hand Out Some Last Minute Tax Breaks

Lawmakers Hand Out Some Last Minute Tax Breaks Merry Christmas taxpayers. Lawmakers in Washington have finally made a move to pass several tax extenders that have been hanging in limbo since the big crystal ball last dropped at 12:00:01 on January 1, 2014. So now that these tax breaks have been extended, what does that…

Luxury Monaco

Luxury Monaco Penthouse Could Be a Big Draw for the Wealthy

Luxury Monaco Penthouse Could Be a Big Draw for the Wealthy Tax inversions are a big deal in corporate America right now, as well as in the nation’s capitol, where lawmakers are taking aim at them. However, large corporations are not the only ones looking for ways to save money on their taxes. Wealthy individuals…

NYC Teachers Union Seeking Tax Revenue From Absentee Apartment Owners

NYC Teachers Union Seeking Tax Revenue From Absentee Apartment Owners

NYC Teachers Union Seeking Tax Revenue From Absentee Apartment Owners How are New York City schoolteachers and the owners of lavish apartments in the city connected? Give up? It has to do with taxes. It’s a well-known fact that many of the world’s wealthiest people own property in New York City, including apartment homes in…