| | | Donald Trump’s former fixer and personal attorney Michael Cohen, a convicted felon, said Wednesday that he believes the primary reason the president has fought tooth-and-nail to keep his tax returns away from investigators in Congress and the Manhattan District Attorney’s Office is that the documents may lead to criminal tax fraud charges.
In an interview with CNN’s Alisyn Camerota, Cohen said he believed the president’s stonewalling was, at best, an effort to avoid paying a “massive tax bill,” and at worst, an attempt to skirt “fraud penalties.”
“The fact that he doesn’t report the income that he claims, his wealth is not as significant, and I believe that they were probably very lenient in how they took deductions,” Cohen said. “His biggest fear is that if in fact the tax return was released, there’s a whole slew of organizations, of accountants and forensic accountants that will rip through it and he will end up with a massive tax bill, fraud penalties, fines, and possibly even tax fraud.” |
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