Michael Cohen Suggests Trump Lied About His Taxes Being Under Audit

“What he didn’t want was to have an entire group of…tax experts run through his tax return and start ripping it to pieces.”

J. Scott Applewhite/AP

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily.

As he launched his 2016 presidential campaign, Donald Trump staunchly refused to release his tax returns, despite decades of tradition of presidential candidates releasing them to show voters they had nothing to hide. At the time, Trump fixer Michael Cohen told reporters that Trump was under audit and so, as the president’s attorney, he could not allow the returns to be released.

“I personally will not allow him to release those tax returns until the audits are over,” Cohen told CNN. “There is not a lawyer on this planet that should give that advice—any advice other than what I just gave—to their client short of suffering malpractice.”

Testifying before the House oversight committee on Wednesday, however, Cohen offered a very different explanation. He told Rep. Jimmy Gomez (D-Calif.) that he had asked Trump for copies of the audit to help him talk to reporters about it, but was never able to get them.

“Can you give us any insight into the real reason the president has refused to release his tax returns?” Gomez asked Cohen.

“Statements he made to me…what he didn’t want was to have an entire group of think tanks that are tax experts run through his tax return and start ripping it to pieces, and then he’ll end up in an audit and he’ll ultimately have taxable consequences, penalties, and so on,” Cohen explained.

So, Gomez asked, could one presume that, since he was fearing an audit, Trump was not actually under audit at the time?

“I presume that he is not under audit,” Cohen said.

BEFORE YOU CLICK AWAY!

December is make or break for us. A full one-third of our annual fundraising comes in this month alone. A strong December means our newsroom is on the beat and reporting at full strength. A weak one means budget cuts and hard choices ahead.

The December 31 deadline is closing in fast. To reach our $400,000 goal, we need readers who’ve never given before to join the ranks of MoJo donors. And we need our steadfast supporters to give again today—any amount.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

That’s why we need you right now. Please chip in to help close the gap.

BEFORE YOU CLICK AWAY!

December is make or break for us. A full one-third of our annual fundraising comes in this month alone. A strong December means our newsroom is on the beat and reporting at full strength. A weak one means budget cuts and hard choices ahead.

The December 31 deadline is closing in fast. To reach our $400,000 goal, we need readers who’ve never given before to join the ranks of MoJo donors. And we need our steadfast supporters to give again today—any amount.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

That’s why we need you right now. Please chip in to help close the gap.

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate