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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 TrumpFreedom Caucus member condemns GOP group pushing 'Anglo-Saxon political traditions' MyPillow CEO Mike Lindell's new free speech site to ban certain curse words Secret Facebook groups of special operations officers include racist comments, QAnon posts: report 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 KlobucharHillicon Valley: Biden nominates former NSA deputy director to serve as cyber czar | Apple to send witness to Senate hearing after all | Biden pressed on semiconductor production amid shortage Apple to send witness to Senate hearing after pushback from Klobuchar, Lee Lobbying world 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 WarrenPoll: 56 percent say wealth tax is part of solution to inequality Democratic senators call on Biden to support waiving vaccine patents Democrats reintroduce bill to block US from using nuclear weapons first MORE (D-Mass.) shot back that he should work “overtime and get it done.”