By Joseph Thorndike
Donald Trump has finally explained – sort of – why he’s been so evasive about releasing his tax returns. Apparently, he’s being audited. But in fact, that’s no explanation at all: Trump is still free to release his returns, and he should do it today.
There are plenty of good reasons why taxpayers under audit might want to keep their returns private. If audited returns are made public, the audit itself becomes a public process. And that’s likely to make it a very tough audit, indeed. The IRS isn’t likely to grant a taxpayer much slack when the rest of the country is looking over its shoulder.
Richard Nixon found that out the hard