“The New York Times obtained records from 1995 showing that Donald J. Trump declared a $916 million loss. The figure is so substantial that it could have allowed him to legally avoid paying federal income tax for 18 years,” exclaimed the New York Times in today’s big “scoop.”
Observations:
1. The New York Times should not be publishing anyone’s tax returns who has not publicly released them. It’s unethical. They Times has the right to print just about anything, or course, but like all newspapers, it is obligated to exercise that right responsibly and fairly. This is neither. Tax returns are private. These tax returns reveal no crime, and nothing unethical on Trump’s part.
2. Nor does the public have a “right to know” Trump’s taxes. It has a right to trust Trump less than otherwise because he refuses to release his taxes, and has a right to think less of Trump for not following the recent accepted practice of candidates to release their tax returns. The public has no more right to see his tax returns without his consent, however, than it has a right to see mine.
3. What Trump’s taxes “could” have allowed him to do isn’t news. Nor is it responsible speculation.
4. This tax expert argues persuasively that it is highly unlikely that the returns mean what the Times says they do. Either way, it is all innuendo and speculation.
5. Federal law makes it illegal to publish an unauthorized tax return: Continue reading
Ethics Alarms 