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 TrumpDemocrat calls on White House to withdraw ambassador to Belarus nominee TikTok collected data from mobile devices to track Android users: report Peterson wins Minnesota House primary in crucial swing district 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 KlobucharCalifornia Dems back Yang after he expresses disappointment over initial DNC lineup Senate Democrats demand answers on migrant child trafficking during pandemic Senate Democrats push to include free phone calls for incarcerated people in next relief package 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 WarrenKamala Harris: The conventional (and predictable) pick all along On The Money: McConnell says it's time to restart coronavirus talks | New report finds majority of Americans support merger moratorium | Corporate bankruptcies on pace for 10-year high Hillicon Valley: Facebook removed over 22 million posts for hate speech in second quarter | Republicans introduce bill to defend universities against hackers targeting COVID-19 research | Facebook's Sandberg backs Harris as VP pick MORE (D-Mass.) shot back that he should work “overtime and get it done.”