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Former President Donald Trumps tax returns have been released in full after a multiyear quest by Democrats.

Was president trump under some kind of audit by the internal revenue service. of course, that was always his excuse for not releasing his returns — is that he was under permanent audit. that turns out not to be true. and what does all this mean for donald trump politically, do you think, in terms of his attempt to get back into the white house? i think, to be honest, the political impact is pretty small. i think a lot of this has been factored in already. his supporters believe and have believ...

About big losses. it doesnt mean something is untoward here. what happened is the congress is looking at it, the irs should have been looking a the it. theyve had trumps businesses under audit for years. you have ups and downs and its really quite complex. i would caution your viewers not to expect to have definitive answers based on six years of returns. a lot of it goes back to things that trump did years ago with the losses with the casinos. >> right. very complex. mark everson, thank you ver...

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Closely as just how successful those businesses were and that is why it is so interesting when you look at the fact that, yes, some of this is strategic accounting, people with that kind of money and resources do, they claim large losses and they carry over millions of dollars, we already know he carried over $105 million in 2015, $73 million. these are losses in order to offset his income tax and pay less money. but when you look at 2020 number, did that come from the offsets or was this a covi...

The treasury department did they even initiate an audit two years into trumps presidency. why is that? how could that be? is that his taxes are so complex that they didnt feel they had the resources to go after them? i dont buy that argument. not when hundreds of thousands of americans simply for filing returns that includes the child tax credit get an audit from the irs. something as important as the audit of the president of the united states, going back to the nixon era, this notion that they...

Whatsoever. and of course lots of questions about some of his offsets, the money he gave to charity, whether or not his assessment of his assets was correct or not. and of course one of the key facts here is that it has emerged for only one of those years was president trump under some kind of audit by the internal revenue service. of course, that was or is his excuse for not releasing his returns is that he was under permanent audit. that turns out not to be true. find under permanent audit. t...

Good morning. s its 10:00 a.m. eastern. 7:00 a.m. pacific. im ryan nobles. after years of broken promises and legal battles, some of former president trumps tax returns are now public. a short time ago, the house ways and means committee release trumps tax returns from 2013 through 2020 and returns from some of his businesses. it comes more than six years after the former president made this pledge to release the returns. >> ill release them when the audit is completed. i have had audits for 15 ...

Fair share of our national security. i dont think it did lead to any other investigation of others, but i i stand ready to hear what they have to say about that. if they ared in more than political retaliation and transparency, we ought to look at it. we also need to look more closely at more than just the paper or the documents. thats all we have. no one from the ways and means committee talked with anyone who actually did the audit. so there are many unanswered questions here that are worthy o...

Information. and with us now to talk about this and other headlines is illinois congressman. thank you so much for being here. from your perspective, why is it so important for donald trumps taxes to be made public? >> im not thrilled about anyones tax returns being made public, whether it was the republicans doing it to 50 private not for profit entities in 2014 or donald trumps returns being released today, but in donald trumps particular case, we have to recognize that the presidential audi...