Trump has said he cannot make his returns public because he’s the subject of an IRS audit. Billionaire investor Buffett had something to say about that, too. The Berkshire Hathaway CEO said he, too, is under audit but has “no problem in releasing [his] tax information while under audit.”
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“Neither would Mr. Trump — at least he would have no legal problem,” Buffett wrote.
Buffett — who is a Hillary Clinton supporter — said that his 2015 return shows adjusted gross income of $11.56 million. He had total deductions of $5.48 million, which includes more than $3 million in allowable charitable contributions. He paid federal income tax of $1.85 million.
Buffett added that he made $2.86 billion in charitable contributions for the year, of which more than $2.85 billion was not taken as deductions, “and never will be,” he noted.
>> Read the full statement here