Donald Trump must release his tax returns, but he can’t. That’s the catch-22 that he faces, the one he’s imposing on the Republican party. This isn’t going to go away. The Democrats are going to paint him as a corrupt billionaire with something to hide. As a result, the least trustworthy candidate in decades to have a chance at the Presidency could actually win because her opponent is deemed untrustworthy as well.
The dodging of this particular question isn’t new. We’ve seen iterations of it popping up since last year, but not much was actually made of it. After all, pointing out the multiple lies he’s used to declare why he hadn’t released his tax returns at those points could have hurt his chances of being the nominee. Liberal mainstream media wasn’t going to do that, at least not while there was a chance that he could lose the nomination to someone who could beat their darling, Hillary Clinton.
Now that he’s officially stated that he doesn’t plan on releasing them until after the audit, he’s bought himself some time. That doesn’t mean it won’t be attacked, particularly since the IRS has clearly stated that the audit doesn’t prevent him from releasing his returns. It won’t be blown up just yet; after all, he’s only the presumptive nominee. They’ll wait to unleash hell on him after the convention, after the party is at the point of no return.
At that point, this issue is going to dog him up until the moment the final vote is cast in Hawaii. It’s imperative that Trump put this to rest immediately.
He has to release his tax returns to prove that he hasn’t dramatically overstated his wealth.
He needs to get his tax returns out there to quell the rumors that he made a ton of money by bankrupting companies and hurting tens of thousands of American citizens in the process.
If he releases his tax returns, he can demonstrate that he doesn’t owe hundreds of millions of dollars to offshore lenders or foreign institutions like Deutsche Bank that would put his allegiances in question (remember, he pounced on Ted Cruz as being “owned” by Goldman Sachs for a million dollar campaign loan, so owing hundreds of millions, even billions of dollars to foreign banks won’t help his credibility).
He needs to release his tax returns to prove that he’s never given to organizations that have since been outed as funding antisemitic activities or even terrorism.
He absolutely must release his tax returns to put an end to these and a dozen other speculations. Otherwise, he needs to explain why he wants to be the first Presidential candidate in 40-years to not allow the American people to see who really owns him financially.
If he doesn’t release his tax returns, Trump will not be able to win the general election. There is literally zero chance regardless of what the meaningless May polls say. A single Super PAC is already preparing $91 million in ads for June alone. Compare that to the $4.3 million in anti-Trump ads during the length of the Ted Cruz campaign and it’s easy to see that this is going to be a huge problem.
Trump can win the general election by releasing his tax returns. If he doesn’t, they’re going to hit him so hard with speculations that he will win fewer states than Bob Dole. The only reason he would continue to hide his returns is if there’s something in there that would disqualify him. That’s his catch-22. He loses yuge either way.