Fact Checker: What we know about Donald Trump and his taxes so far

[DonViejo]

By Michelle Ye Hee Lee August 1 at 3:00 AM

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We have officially entered the general election campaign, with both major parties’ conventions behind us. For the past four decades, every major-party presidential candidate has released tax returns — and most of them had done so by the time they were officially nominated at the conventions.

That is not the case this year. Donald Trump has consistently refused to release his returns, and there’s no indication he will do so before the election. By contrast, Hillary Clinton has released three decades’ worth of tax returns. Only Jeb Bush had released more tax returns than Clinton out of all the candidates who sought their parties’ presidential nomination this year.

Trump once declared that there’s “nothing to learn” from the returns, which was Four-Pinocchio false. He is now citing a pending Internal Revenue Service audit, even though the first president to release his taxes, Richard Nixon, did so in the middle of an audit. Moreover, Trump has not released his tax returns from before 2009, which are no longer under audit, according to his attorney.

Vice-presidential nominees also have routinely released their tax returns. Republican Mike Pence and Democrat Tim Kaine have not yet released their returns. We have not heard back from the Trump campaign about whether Pence will release his returns; we will update this column if we do. A Clinton campaign official said Kaine “will release his tax returns in the near future.”

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https://www.washingtonpost.com/news/fact-checker/wp/2016/08/01/what-we-know-about-donald-trump-and-his-taxes-so-far/?wpisrc=nl_politics&wpmm=1

[treestar]

1. looks like he does not make a profit

on his businesses quite often.