From NBC News:
An attorney who oversaw Donald Trump’s income tax returns in the mid-1990s said the Republican presidential candidate had little interest in the tax code — contrasting with the billionaire’s claim that he understood taxes “better than anyone” who had run for the White House.
“As far as I know, and that only goes through late '96, he didn’t understand the code,” said Jack Mitnick, a former tax adviser for Trump, in an interview with NBC’s TODAY. “Nor would he have had the time and the patience to learn the provisions. That’s a lifetime of experience.”
Mitnick oversaw Trump’s income tax returns in 1995, portions of which were published Saturday by the New York Times. The documents showed a reported loss of nearly $916 million — a deduction tax experts hired by the newspaper said was so large that Trump might have legally avoided paying federal income taxes for up to 18 years.
Trump responded to the report on Twitter: “I know our complex tax laws better than anyone who has ever run for president and am the only one who can fix them” — a stance he has repeated on the campaign trail.
I thought about this issue, too, that Trump’s tax preparers are the ones who know a lot about our complex tax laws, not Donald Trump himself.