Pres. Trump won't be turning in his tax returns citing an audit as the reason while millions of American prepare for tax deadline
By Mona Austin Will Pres. Donald Trump finally turn in his tax record like most U.S. presidents and most Americans who are rushing to meet the April 15 tax deadline? By the April 10 deadline date House Democrats set in a request to Treasury Secretary Steve Mnuchin, a reporter inq uired about his intention concerning releasing his tax records . President Trump said he was “not inclined” to make his tax returns public as they remain “under audit.” By law, the U.S. President is not obligated to disclose tax information publicly. However, traditionally most presidents have cooperated for the sake of financial transparency. Unlike most former presidents, as a business mogul Trump's enormous business and personal assets connected to the Trump Organizations would be exposed. As president he earns a set salary of $400,000 per year, which includes a $50,000 allowance for expenses, a $100,000 nontaxable travel account, and a...