During the September 26, 2016 presidential debate, Democratic presidential nominee former Secretary of State Hillary Clinton speculated that one reason Donald Trump might not have released his tax returns is that “he doesn’t want the American people, all of you watching tonight, to know that he’s paid nothing in federal taxes.”
Clinton said, “So you’ve gotta ask yourself, why won’t he release his tax returns? And I think there may be a couple of reasons. First, maybe he’s not as rich as he says he is. Second, maybe he’s not as charitable as he claims to be. Third, we don’t know all of his business dealings, but we have been told, through investigative reporting that, he owes about $650 million to Wall Street and foreign banks. Or maybe he doesn’t want the American people, all of you watching tonight, to know that he’s paid nothing in federal taxes. Because the only years that anybody has ever seen, were a couple of years where he had to turn them over to state authorities when he was trying to get a casino license. And they showed he didn’t pay any federal income tax.”
(Video via CNN)
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