Audit Letters News Today

The audit letters? >> yeah. >> i dont have to do that. >> how can people believe you? why doesnt the irs commissioner say he is under audit? >> thats up to the irs commissioner. normally they dont discuss that? >> put them out if he has nothing to hide. ill give you something my taxes. i dont want a vote from anybody. im not asking for them to make me their leader. >> is there a requirement in the united states constitution? >> its an ethical one. its not what youre forced to do. its doing the r...

Political retaliation? >> no. >> look at the law that was passed. they used 6103, its a privacy statute youre not supposed to get peoples returns. when they use -- >> thats from 1920 something. >> you have to be legitimate legislative purpose. >> how is it a violation of the first amendment? >> if you have coordinated action because of political position, its retaliation. that violates the first amendment -- im a first amendment lawyer. obviously theres the separation of powers issues. let me te...

Audit is finished, ill release my returns. ill be very proud to. >> as i told you then, i never believed it. i never believed there was an audit. i immediately started asking donald trump and the trump campaign to produce the audit letter that begins every audit. a letter from the irs saying they are auditing donald trumps tax returns. that letter wouldnt tell us anything thats in his tax returns. its a simple one-page letter everyone under audit gets. its one of the many reasons donald trump wo...

Tax returns. that audit wouldnt tell us anything thats in hi tax returns, its a simple one-page letter that everyone under audit gets. its one of the many reasons donald trump would never be interviewed on this show, the audit letter that probably didnt exist, and where he was interviewed, the interviewers didnt know about audit letters, so the news media let it slide and slide and slide. but congressman jimmy gomez never forgot about the audit story. >> mr. cohen, do you know whether president ...

Tax returns. that audit wouldnt tell us anything thats in hi tax returns, its a simple one-page letter that everyone under audit gets. its one of the many reasons donald trump would never be interviewed on this show, the audit letter that probably didnt exist, and where he was interviewed, the interviewers didnt know about audit letters, so the news media let it slide and slide and slide. but congressman jimmy gomez never forgot about the audit story. >> mr. cohen, do you know whether president ...

Bombshells in those two pages. but if we saw the full report, what is it that people are looking for in your opinion? >> well, i actually think there were very revealing things in his tax document. if donald trumps tax plan to the extent that hes outlined it had been in effect in 2005, he would have paid a lower tax rate, less than 3.5%, than the lower half, the lower 50% of all american taxpayers who pay a little more than 3.5%. he would do that in almost $3 million a week of income and the low...

And what am i going to say in defense of it, and i cant. this is not good. i think if you go back to coburn waste book and things like that, there are plenty of places in the federal government we can shave off money without cutting into things like entitlement programs which americans need and like. >> we only need to remember, jonas, the general services administration, that one dude having the wine party in a bathtub. >> i hope you all get audit letters in your christmas stockings this year. ...