As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by TheHill.com:
Michael Cohen, President Trump’s former personal attorney, said in an interview with CNN’s Alisyn Camerota on Wednesday that Trump has refused to release his tax returns to avoid a “massive tax bill” and “fraud penalties.”
Camerota asked Cohen, who appeared on the network to promote his new memoir, “Disloyal,” if the lawyer was aware of any information in Trump’s tax returns that the commander in chief “didn’t want to reveal.”
The article goes on to state the following:
“Yeah, the fact that he doesn’t report the income that he claims, his wealth is not as significant and I believe that they were probably very lenient in how they took deductions,” Cohen responded.
Q: What’s in Trump’s taxes?
Michael Cohen: “He doesn’t report the income that he claims. … They were probably very lenient in how they took deductions. His biggest fear is … he will end up with a massive tax bill, fraud penalties, fines, and possibly even tax fraud.” pic.twitter.com/Rpfuzc4B3g
— Daniel Chaitin (@danielchaitin7) September 16, 2020
To get more information about this article, please visit TheHill.com.