The last time Donald Trump's tax returns went public, he paid $0
The last time
Donald Trump's returns became public, he paid $0 in taxes. The Washington Post reports that was for two years in the 1970s.
According to a 1981 report from New Jersey regulators, Trump used a popular tax code provision to report a negative income.
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Trump has boasted about taking advantage of the tax code to pay as little as possible, but he's also made targeting those loopholes and the people and companies who use them a big part of his presidential campaign.
He's been increasingly reluctant to reveal his current tax returns, first claiming an Internal Revenue Service audit prevented him from disclosing them. According to several outlets, an audit doesn't legally prevent him from disclosing his past returns.
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Now, Trump might become the first presidential nominee since the '70s to withhold his tax returns. Even though he criticized Mitt Romney for delaying his returns in 2012.
"Mitt has to get those tax returns out. I'm a little surprised they weren't better prepared for that," Trump said.
And Trump promised to release returns after President Barack Obama released his birth certificate — which Obama did.
The right and the left have attacked Trump for not releasing his tax data, but he still hasn't budged.
So why won't Trump release his returns? When anchor George Stephanopoulos asked Trump what his tax rate was, Trump replied, "It's none of your business."