[Congressional Record Volume 162, Number 146 (Tuesday, September 27, 2016)]
[Senate]
[Page S6093]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
DONALD TRUMP
Mr. REID. Mr. President, last night the Republican nominee for
President failed to give any assurance of any kind or a coherent
explanation as to why he refuses to release his tax returns--because
there is no coherent reason. It is hard to give one when there isn't
one.
He said he couldn't release his tax information because the Internal
Revenue Service hasn't certified it. Everyone debunks that--everyone,
except Donald Trump. But even as Trump tried to say nothing about his
tax returns, he revealed at least one shocking truth: Donald Trump
thinks that paying taxes is a fool's errand. People shouldn't pay
taxes. He said--and it was reported at least five times in three
decades--that he paid nothing in Federal income taxes, and Secretary
Clinton alluded to that fact in last night's debate. Donald Trump's
response was this: ``That makes me smart.'' So what does that make the
rest of us--suckers, unintelligent, dumb? He is smart; so does that
make us dumb because we pay our taxes? He knows that refusing to pay
taxes makes him, as we have come to learn, a scam artist. He is good at
that. Every day that he refuses to release his tax returns is another
slap in the face to the American people. People running for office for
scores of decades have released their income taxes. That may be a
little bit of an exaggeration, but let's say that for the last 70
years, they have released their income tax returns. So why won't he
release his? Why doesn't he do this? Because the tax returns would show
that he is not the rich guy he thinks he is. Tax returns would show he
is a spoiled, rich brat who inherited his daddy's money and hasn't done
so well with it. After $14 million, he hasn't done that well with how
much his dad gave him. Trump's tax returns would show he isn't as
generous as he claims to be and that he uses charities as his personal
slush fund. Did you see this morning's news? He had an appearance on a
TV show, and they owed him money. They paid that into his charity so he
can then say that he gave this away. Trump's tax returns would show
that, in spite of getting over $1 billion of assistance from New York,
in New York City alone Donald Trump is a failed businessman who is
buried under a mountain of debt. They would show that he refuses to pay
his Federal income taxes.
So I would hope that Donald Trump would release those tax returns the
way Hillary Clinton has released 40 years of hers and her husband's.
Mr. President, I ask the Chair to announce the business of the day.
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