Bloomberg Quotes Scott Michel on Donald Trump's Tax Returns

Bloomberg spoke with Scott D. Michel concerning Presidential candidate Donald Trump’s refusal to release his tax returns.  For the full article, please visit Bloomberg’s website.

Excerpt taken from the article.

Scott Michel, a tax lawyer at Caplin & Drysdale in Washington, said releasing returns that are under audit would expose them to additional scrutiny -- perhaps revealing “problems the IRS hasn’t found yet.” Nonetheless, he said, Trump could still disclose how much tax he has paid, how much he has given to charity and other details.

. . .

“If he doesn’t want people to know that, it can’t possibly be because he’s under audit -- the IRS knows the answers to those questions already, of course, because they have the returns,” he said.