Originally Posted by rnoldh
Trump will not release his tax returns before November,
Trump resists calls to disclose his tax returns
This could be due to Trump being worth much less than he claims, trying to hide how low a tax rate he pays, or something else embarrassing ( like never giving anything to charity, personally ).
What do you think?
I think it has to do with Trump being worth much less. Remember Tim O'brien reported Trump's net worth to be only about $100M~$200M and Trump sued without success. Also Trump disclosed financials claiming he is worth $10B by inflating his assets as much as possible, but I would imagine the nature of tax returns are that he would do the opposite and try to report at the lowest possible creating a big gap between his publicly inflated net worth and private.
Also the returns would probably expose how much cash he has to spend, rather than just his net worth. Is he really rich enough to finance his own campaign? By rich I mean, does he actually have enough money and not just net worth. Maybe he can claim he is worth $10B, but does he really have the $500~$1B it takes to win the general using his own money or does he have to take money from big donors like regular politicians. He is probably a rich person, but is he really THAT rich is the question and answer that will probably be shown by the returns.