Eric Trump: It Would Be ‘Foolish’ To Release Tax Returns

Start your day with TPM.
Sign up for the Morning Memo newsletter

Eric Trump on Wednesday morning defended his father’s decision not to release his tax returns, arguing that the documents would not reveal much and allow people to make “assumptions.”

“You would have a bunch of people who know nothing about taxes trying to look through and trying to come up with assumptions on things that they know nothing about,” Eric Trump said on CNBC, describing what would happen if Donald Trump released his tax returns. “It would be foolish to do.”

Eric Trump claimed that you “don’t learn that much from a tax return.”

“I heard someone the other day, ‘Oh well, Trump has ties to the mob. … If he released his tax returns you would clearly see that,'” he said. “Are you guys kidding me? You learn a lot more when you look at a person’s assets. You know how many hotels we have around the world. You know how many golf courses we have around the world.”

He also touted his father’s favorite reason to keep his tax returns private: he’s under audit!

“There is no tax attorney in the world who will tell you to release your tax returns while you’re under a standard, routine audit. It would never happen. Anybody who thinks that is in la la land,” Eric Trump said on CNBC.

Watch a clip from the interview via CNBC. The conversation turns to taxes at the 2 minute mark.

H/t Huffington Post

Latest Livewire
Comments
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: