https://www.wsj.com/articles/many-unhappy-trump-returns-11554667487
Donald Trump promised in 2016 that he’d release his tax returns but he never has, and voters elected him anyway. Now Democrats are demanding that the IRS release six years of Mr. Trump’s returns to them, triggering a political and legal fight that voters will ultimately have to judge.As in so much else, Mr. Trump is the exception to modern Presidents in refusing to make his returns public. In 2015 he suggested that he’d release them eventually, telling ABC News in October that “at some point I’ll release it.” In February 2016 he told ABC’s John Dickerson that he’d release them “I would say, over the next three, four months. We’re working on them very hard. And they will be very good.”
We’ve long thought this is information voters ought to have. One argument for tax transparency are Bill and Hillary Clinton, who while running in 1992 released their returns going back to 1980. Why not earlier?Well, after they were in the White House we learned that their 1978 and 1979 returns reported income from Hillary’s miraculous trading in cattle futures. Revealing those implausible trades abetted by Friends of Bill would have told voters much about the first couple’s habit of skirting legal norms.The same standard should hold for Mr. Trump, who in early 2016 began floating the excuse that he can’t release his returns while they are being audited. This must be some audit because he’s still using that line. It’s unlikely that he’s covering up some illegality if he’s been audited as persistently as he claims.More likely, Mr. Trump wants to block the disclosure of politically embarrassing details. Perhaps he doesn’t make as much money as he wants people to believe. Perhaps he pays relatively little in taxes given real-estate depreciation and other loopholes. Perhaps he donates little to charity, as tax returns revealed about Joe Biden when he was running for Vice President. Maybe this information would have made no difference in 2016 given that Mr. Trump’s opponent was the ethically impaired Mrs. Clinton, but voters can’t judge what they aren’t allowed to see.