2016 Postmortem
Related: About this forumTrump seems to admit there is damaging info in his tax returns.
TRUMP: No debts. I have very little debt to anybody. I don't need debt. You know, it's very interesting, I'm so liquid, I don't need debt. And if I need debt, if I want debt, I can get it from banks in New York City very easily.
STEPHANOPOULOS: You know where I'm going to take this next. Americans could be assured on that if they saw your tax returns.
TRUMP: My tax returns are very simple. They're under a minor audit, a routine audit, as they have been for many years. Every year I get audited.
Now, I don't know if you get audited but I have friends...
STEPHANOPOULOS: I've been audited.
TRUMP: -- who are very wealthy that never have been audited. I say -- you get audited. I get audited every year. I'm under a routine audited like routine. And I've been for years, every year.
STEPHANOPOULOS: Is there something...
(CROSSTALK)
TRUMP: George, it is very simple. Yes, but they're all linked. It's called the link.
It's very simple, if my audit is finished, that's great.
Now, I have to tell you. I watched Mitt Romney four years ago. He waited until September to give them, just before the election. They made him look so bad, it was so unfair, I actually think he didn't lose because of the 47 percent, I think he lost because of a couple of really minor items in tax return where he did nothing wrong. So it is unfair.
But I will say, when I'm finished with the audit, I'll do it.
STEPHANOPOULOS: Richard Nixon released his even though his were under audit.
TRUMP: I don't use Richard Nixon as necessarily the guide, OK. I mean, you know, it's an interesting person to use, but don't use it.
http://abcnews.go.com/Politics/week-transcript-donald-trump-vice-president-joe-biden/story?id=41020870
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How long is he going to get away with this audit nonsense?
Demsrule86
(68,556 posts)bullimiami
(13,086 posts)He pays himself, his family, his expenses, his opulent lifestyle.
Then he bankrupts the corporations leaving everyone else holding the bag.
Koinos
(2,792 posts)Motley13
(3,867 posts)they must suspect sth!!!!
underpants
(182,789 posts)She had been married to someone and money went missing. The IRS kept her under watch to see if suddenly she had money from somewhere. Nasty divorce, she had nothing to do with him but the Feds knew that could be a ruse.
trueblue2007
(17,217 posts)VMA131Marine
(4,139 posts)and a net worth of $3.3B. But only $170M of liquid assets.
http://www.bloomberg.com/politics/articles/2016-07-19/trump-is-richer-in-property-and-deeper-in-debt-in-new-valuation
RonniePudding
(889 posts)His point was there is a world of difference between having a billion dollar net worth and actually having a billion dollars in cash.
Koinos
(2,792 posts)Mark Cuban knows him too, and I'm sure we will be hearing from more billionaires very soon.
Trump craves approval from billionaires, but he is going to get a big dose of diss instead.
Fast Walker 52
(7,723 posts)B Calm
(28,762 posts)HipChick
(25,485 posts)zenabby
(364 posts)Some say, many say that there is something very damaging in the tax returns that Donald does not want others to see. I don't want to believe it, but maybe, probably, that is true, and something we need to look at. I've heard that it is a Russian connection, or illegal activity. Do I agree? I don't know, but it's probably something the press needs to look at.
anamandujano
(7,004 posts)why wouldn't he avoid that problem and release them far ahead of the election?
Liars always give too much information. Too bad Staphylococcus didn't follow up on that. He's supposedly smarter than us but he let that do.
Fast Walker 52
(7,723 posts)anamandujano
(7,004 posts)HipChick
(25,485 posts)his vocabulary is so limited
unitedwethrive
(1,997 posts)When you see it in writing, his lack of education really hits home.
Fast Walker 52
(7,723 posts)greatauntoftriplets
(175,733 posts)All real estate developers have debt. Does he really expect people to believe this garbage???