Conspiracy theories abound about why Donald Trump refuses to release his tax returns. Some commentators are convinced he does not want to admit he is a lot poorer than he pretends; others think he is hiding Russian connections or massive foreign debt; still others think he does not want the American people to know how little tax he may actually pay.
There is another option, however: Donald Trump may be scared of an IRS whistleblower.
Releasing his returns would open them up to scrutiny from every CPA, armchair accountant, and obsessive data nerd in the country. Someone out there could very well see something that the IRS has missed. If so, that whistleblower could chose to submit that information to the IRS. If the IRS recovered funds based on the whistleblower’s information, that person could be entitled to an award up to 30% of the recovered funds. Depending on what is in his taxes, Donald Trump may be rightfully nervous about letting potential whistleblowers in on his returns.
What do you think? Is Donald Trump scared of an IRS whistleblower?
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