Donald Trump recently sat down for an interview with The Economist. To say that the interview was thorough would be an understatement – it covered topics from tax reform to the renegotiation of NAFTA to China to Healthcare – the gamut of what is now being called “Trumponomics.”
Perhaps the most interesting part of the interview came when asked whether or not Trump would need the support of Democrats in order to pass legislation that would initiate a major overhaul of tax law. The Economist asked what Trump might do if Democrats demanded that he release his tax returns as a negotiating tool.
Mr President, can I just try you on a deal-making question? If you do need Democratic support for your tax plan, your ideal tax plan, and the price of that the Democrats say is for you to release your tax returns, would you do that?
I don’t know. That’s a very interesting question. I doubt it. I doubt it. Because they’re not going to…nobody cares about my tax return except for the reporters. Oh, at some point I’ll release them. Maybe I’ll release them after I’m finished because I’m very proud of them actually. I did a good job.
Hope Hicks [White House director of strategic communication]: Once the audit is over.
President Trump: I might release them after I’m out of office.
The President pivots back to the question shortly-there-after to clarify his thought, and makes it clear that he would never acquiesce to releasing his returns as part of brokering a legislative deal.
CNN reminds America, however, of that which Trump doesn’t care for you to remember: “Contrary to what Trump says, nothing prevents a person under audit from releasing his or her tax returns. Presidents’ taxes are always audited, yet presidents have released their tax returns for several decades.”
Watch this gem of a lie from Trump’s campaign: