Eric Trump went on CNBC Tuesday morning to defend his father’s refusal to release his tax returns.
Donald Trump’s son argued that it wouldn’t make a difference whether his father released his tax returns or not because most people are not smart enough to understand them.
“You would have a bunch of people who know nothing about taxes trying to look through and trying to come up with assumptions on things that they know nothing about,” said the younger Trump. “It would be foolish to do. I’m actually the biggest proponent of not doing it.”
Donald Trump is the first presidential candidate since 1976 to not release his tax records.
“You don’t learn that much from a tax return, in all fairness,” said Eric Trump.
The Republican presidential nominee’s son claimed his father’s returns is a stack of documents “five feet tall,” and releasing them would do nothing to stop the conspiracy theories. He says people should measure his father’s wealth by the amount of golf courses and hotels he owns.
“I heard someone the other day, ‘Oh well, Trump has ties to the mob. If he released his tax returns you would clearly see that,’” Eric Trump said. “Are you guys kidding me? You learn a lot more when you look at a person’s assets. You know how many hotels we have around the world. You know how many golf courses we have around the world.”
Donald Trump has continuously argued that he can’t release his tax returns because he is currently under audit, an argument Eric defends.
“There is no tax attorney in the world who will tell you to release your tax returns while you’re under a standard, routine audit,” Eric Trump. “It would never happen. Anybody who thinks that is in la la land.”
However, Fred Goldberg, who was the former IRS commissioner and a tax attorney, pressed Trump to make his return public, like his rival Hillary Clinton.
“Releasing this information would have no impact on any pending or future IRS audit of Trump. Zero. None, „wrote attorney Goldberg. “It is a risk-free first step with no downside. While painting a far from complete portrait, it would answer a few of the questions that Trump himself has raised during the campaign: He claims that he makes a lot of money; he claims that he makes significant charitable contributions; and he claims that he reduces his tax liability as far as current law allows.”