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What could Trump’s tax returns reveal?

AIKEN, SC - DECEMBER 12: Republican presidential candidate Donald Trump speaks to the crowd at a town hall meeting December 12, 2015 in Aiken, South Carolina. The South Carolina Republican primary is scheduled for February 20, 2016. (Photo by Sean Rayford/Getty Images)
Sean Rayford/Getty Images
Republican presidential candidate Donald Trump speaks to the crowd at a town hall meeting in Aiken, South Carolina.

Donald Trump’s tax returns aren’t seeing the light of day anytime soon.

Donald Trump’s tax returns aren’t seeing the light of day anytime soon.

He says he can’t release them until the IRs finishes auditing the past several years of his returns. In fact, Trump can choose to release them. There’s no IRS rule against doing so. However, it would open him up to everyone poring over his returns and potentially giving the IRS things to use in the ongoing audit.

Nonetheless, former GOP nominee Mitt Romney blasted Trump yesterday.

In a Facebook post he said "It is disqualifying for a modern-day presidential nominee to refuse to release tax returns to the voters, especially one who has not been subjected to public scrutiny."

Guests:

Robert Wood, tax attorney and managing partner at Wood LLP in San Francisco

Philip Bump, reporter for the Washington Post

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