Bloomberg on demands to release tax returns: 'I can't just go to TurboTax'

Bloomberg on demands to release tax returns: 'I can't just go to TurboTax'
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Former New York City Mayor Mike Bloomberg on Wednesday said the reason he had not yet released his tax returns is because of their complexity.

“It just takes us a long time,” he said. “I can’t go to TurboTax.”

Bloomberg contended that his returns are thousands of pages long, and noted that he had released his returns as mayor.

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He promised to release the returns “in a few weeks.”

President TrumpDonald John TrumpCDC updates website to remove dosage guidance on drug touted by Trump Trump says he'd like economy to reopen 'with a big bang' but acknowledges it may be limited Graham backs Trump, vows no money for WHO in next funding bill MORE’s refusal to release his own tax return, breaking with decades of tradition, has been a bugaboo for Democrats since the 2016 election, prompting lawsuits, court rulings, House investigations and allegations of corruption.

Sen. Amy KlobucharAmy Klobuchar Klobuchar's husband recounts battle with coronavirus: 'It just suddenly hit me' Hillicon Valley: Schiff presses intel chief on staff changes | Warren offers plan to secure elections | Twitter's Jack Dorsey to donate B to coronavirus fight | WhatsApp takes steps to counter virus misinformation Wisconsinites put lives on the line after SCOTUS decision MORE (D-Minn.) joked that she and her husband probably could use the tax software TuboTax, but said the issue at hand was transparency.

“Everyone up here has released their tax returns, mayor. And it is a major issue because the president of the United States has been hiding behind his tax returns, even when courts order him to come forward with those tax returns,” she said.

Bloomberg said he had only been in the race for 10 weeks and needed more time.

Sen. Elizabeth WarrenElizabeth WarrenHillicon Valley: Schiff presses intel chief on staff changes | Warren offers plan to secure elections | Twitter's Jack Dorsey to donate B to coronavirus fight | WhatsApp takes steps to counter virus misinformation Warren releases plan to secure elections during coronavirus pandemic On The Money: Trump officials struggle to get relief loans out the door | Dow soars more than 1600 points | Kudlow says officials 'looking at' offering coronavirus bonds MORE (D-Mass.) shot back that he should work “overtime and get it done.”