The Donald to demand tax returns from VP candidates

May 19, 2016

If you had any doubt that Donald J. Trump plays by his own rules, this will convince you that he's totally doing things his, and his only, way.

Goofy Donald Trump mugWhile Trump is insistent that he won't release his own personal tax returns — because the audits, all the never-ending audits! — he expects potential VP candidates to reveal their filing info.

Katy Tur, the reporter covering The Donald for NBC News, confirmed Wednesday, May 18, that Trump will ask all potential vice presidential picks to release, at least to the campaign, their tax returns.

It's part of the presumptive GOP candidate's "political, financial and strategic vetting," said Tur, despite Trump's own, so far, lack of personal tax transparency.

Taking the "normal" veep vetting steps: The campaign also told Tur that the review of a possible veep's 1040s is "normal."

So are "Make America Great Again" staffers saying that Trump, who has not released his tax returns, is not normal? (Sorry. Too easy to let pass.)

Oops! Abby Normal's brain is put into Young Frankenstein's monster.

No audit secrecy rule on candidate's side: While many tax advisers agree with Trump's decision not to publicize his returns while he's under Internal Revenue Service examination, there is no legal requirement preventing such a revelation by the taxpayer.

And given that taxpayer Trump is seeking the United States' highest political office, other tax pros say he should let the electorate see at least some of his filings regardless of audit status.

They note that former President Richard Nixon, under audit while also in the midst of the investigation into the Watergate break-in and subsequent cover-up, made his taxes public.

The IRS' initial query was about a large charitable deduction claimed by the embattled Oval Office occupant.

"People have got to know whether or not their President is a crook," Nixon told reporters in November 1973 in connection with the tax inquiry. "Well, I am not a crook."

Until Trump opens up his taxes and proves that there is no bombshell in his 1040s, many folks will question whether The Donald can make the same tax claim as did Tricky Dick.

You also might find these items of interest:

Share:

The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

Latest Posts
The latest Dirty Dozen tax scam list is familiar because too many are still falling for the schemes

March 5, 2026

Tax filing season is also peak time for tax scams. Be on the lookout for…

Read More
Hello Tax Season 2026

Happy New Tax Year! Are you ready to file your 2025 tax return? I know, too early to ask. But Tax Day 2026 will be here before we realize it. The Internal Revenue Service deadline to file and pay any tax we owe is the regular April 15 date this year. It’s also Tax Day for most of the states that collect income taxes from their residents, which is most of the states! If that seems too far away right now, don’t worry. As is the case every tax season, the ol’ blog’s tips and other tax reminders should help all of us meet our state and federal responsibilities. Procrastinators also will want to keep an eye on the countdown clock just below. It tracks how much time we have until April’s Tax Day, just in case we put off our annual tax task until the absolutely final hours and decide we need to instead get an extension request into the IRS by that date. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
Leave the first comment