"Every Republican
nominee since Richard Nixon, who at one time was under an audit, has released
their tax returns" according to Chris Wallace on Fox News Sunday. No major
party nominee has failed to release tax returns since at least 1976 so what’s
holding up Donald Trump? Perhaps it’s because they’ll show he isn’t the
billionaire he claims to be. Perhaps it will simply show Trump has not made the
millions of dollars of charitable contributions he claims to have made. Or more
troubling it may be due to the connections to various Russian oligarchs whose wealth
Trump relies on to fund his many ventures since no U.S. bank will lend to him.
Trump’s son, Donald Jr., told a real estate conference in 2008, “Russians make
up a pretty disproportionate cross-section of a lot of our assets, we see a lot
of money pouring in from Russia .”
Trump adviser Carter Page
has extensive dealings with Gazprom, the Russian state-run energy company with
strong ties to Putin and his inner circle. Trump campaign chairman Paul
Manafort consulted for former Ukrainian President Victor Yanukovich, a key
Putin ally, until his ouster in February 2014. There’s even a ledger, recently
found in Ukraine ,
that was maintained by Yanukovich’s staff listing $12 million as fees to
Manafort.
What will Trump do if Putin
makes it known that he wants to complete the annexation of Crimea or perhaps
all of Ukraine and if Trump protests Putin’s buddies will cutoff funding for
Trump’s projects? That’s a question that concerns ethics lawyers who worked for
President George W. Bush, presidential candidates Bob Dole, John Kerry, and
Mitt Romney, among others. They all agree Trump would have more potential
business conflicts than any prior president.
Trump’s conflicts of
interest aren’t limited to Russian investors, he’s invested in 500+ companies
around the world. Many are limited liability corporations related to real
estate holdings, including properties in Panama ,
Istanbul , Mumbai, Puerto Rico and Dubai . How would Trump
behave if one of those countries says they’ll nationalize his local assets if
the U.S.
doesn’t relent on some issue or give them preferential trade treatment?
Trump has said many times
that his children and executives would manage his businesses instead of selling
them off. "This is certainly going to present an unprecedented ethical
dilemma if Trump wins," said Kenneth Gross, a partner at Skadden Arps
Slate Meagher & Flom, who provided legal assistance to several presidential
candidates during their campaigns. "He can't just get amnesia. He's stuck
with the knowledge of what he owns."
The Donald has waffled when
describing his relationship with Russian President Vladimir Putin. Trump claims
he's never spoken to Putin yet in 2014 Trump said he did. According to Trump,
Putin "could not have been nicer" and has praised him as a canny
leader who he respects. In the last week his daughter Ivanka posted on social
media a photo of her and Putin’s girlfriend out sightseeing together.