Lawrence's Last Word: Candidates' Tax Returns | The Last Word | MSNBC

♪ Liberty. Liberty. Liberty. Liberty. ♪
Liberty. Liberty. ♪ >>> DONALD TRUMP IS THE ONLY
>>> DONALD TRUMP IS THE ONLY PERSON ELOCATED PRESIDENT SINCE
PERSON ELOCATED PRESIDENT SINCE THE '70s THAT DID NOT RELEASE A
THE '70s THAT DID NOT RELEASE A TAX RETURN.
TAX RETURN. THIS IS A MAJOR ISSUE FOR
THIS IS A MAJOR ISSUE FOR DEMOCRATIC CANDIDATE FOR
DEMOCRATIC CANDIDATE FOR PRESIDENT AND THAT BECAME AN
PRESIDENT AND THAT BECAME AN EVEN MORE IMPORTANT ISSUE TODAY
EVEN MORE IMPORTANT ISSUE TODAY AFTER RICHARD NEAL ISSUED HIS
AFTER RICHARD NEAL ISSUED HIS LEGAL DEMAND FOR THE TRUMP TAX
LEGAL DEMAND FOR THE TRUMP TAX RETURNS.
RETURNS. MANY OF THE DEMOCRATIC
MANY OF THE DEMOCRATIC PRESIDENTIAL CANDIDATES HAVE
PRESIDENTIAL CANDIDATES HAVE BEEN PLANNING THEIR PRESIDENTIAL
BEEN PLANNING THEIR PRESIDENTIAL CAMPAIGNS SINCE THE DAY AFTER
CAMPAIGNS SINCE THE DAY AFTER DONALD TRUMP WAS ELECTED.
DONALD TRUMP WAS ELECTED. THEY HAVE HAD TIME GET READY FOR
THEY HAVE HAD TIME GET READY FOR THIS MOMENT.
THIS MOMENT. AND MOST OF THEM HAVE COMPLETELY
AND MOST OF THEM HAVE COMPLETELY FAILED WHEN IT COMES TO
FAILED WHEN IT COMES TO RELEASING THEIR TAX RETURNS AND
RELEASING THEIR TAX RETURNS AND SHOWING THAT CONTRAST WITH
SHOWING THAT CONTRAST WITH DONALD TRUMP.
DONALD TRUMP. SENATOR ELIZABETH WARREN
SENATOR ELIZABETH WARREN RELEASED TEN YEARS OF TAX
RELEASED TEN YEARS OF TAX RETURNS LAST YEAR.
RETURNS LAST YEAR. SENATOR AMY KLOBUCHAR HAS
SENATOR AMY KLOBUCHAR HAS RELEASED 12 YEARS OF TAX
RELEASED 12 YEARS OF TAX RIRITURNS.
RIRITURNS. GILLIBRAND HAS RELEASED 12 YEARS
GILLIBRAND HAS RELEASED 12 YEARS AND WAS THE FIRST TO RELEASE
AND WAS THE FIRST TO RELEASE THIS YEAR'S TAX RETURNS.
THIS YEAR'S TAX RETURNS. THE TAX RETURNS DUE ON APRIL
THE TAX RETURNS DUE ON APRIL 15th.
15th. THE GOVERNOR OF WASHINGTON IS
THE GOVERNOR OF WASHINGTON IS THE ONLY MAN RUNNING FOR BHOOZ
THE ONLY MAN RUNNING FOR BHOOZ HAS RELEASED 12 YEARS OF TAX
HAS RELEASED 12 YEARS OF TAX RETURNS.
RETURNS. I'M WILLING TO CUT EVERY
I'M WILLING TO CUT EVERY CANDIDATE SOME SLACK TO NOT
CANDIDATE SOME SLACK TO NOT RELEASE THIS YEAR'S TAX RETURN
RELEASE THIS YEAR'S TAX RETURN UNTIL APRIL 15th WHEN IT IS DUE
UNTIL APRIL 15th WHEN IT IS DUE 12 DAYS FROM NOW.
12 DAYS FROM NOW. THAT'S HOW MUCH SLACK YOU GET
THAT'S HOW MUCH SLACK YOU GET FROM THAT ONE TAX RETURN.
FROM THAT ONE TAX RETURN. BUT PRESIDENT OBAMA RELEASED HIS
BUT PRESIDENT OBAMA RELEASED HIS TAX RETURN PUBLICLY BY THE
TAX RETURN PUBLICLY BY THE FILING DEADLINE OF APRIL 15th.
FILING DEADLINE OF APRIL 15th. IT WAS VERY IMPORTANT TO HIM TO
IT WAS VERY IMPORTANT TO HIM TO SHOW TAX FILERS HE WAS GOING
SHOW TAX FILERS HE WAS GOING THROUGH EXACTLY WHAT THEY WERE
THROUGH EXACTLY WHAT THEY WERE GOING THROUGH AND TO PROVE IT BY
GOING THROUGH AND TO PROVE IT BY RELEASING HIS RETURN.
RELEASING HIS RETURN. VOTERS SHOULD ACCEPT NO EXCUSE
VOTERS SHOULD ACCEPT NO EXCUSE ON THIS.
ON THIS. BUTTIGIEG IS ONE OF THE NEWEST
BUTTIGIEG IS ONE OF THE NEWEST IN THE FIELD.
IN THE FIELD. SO MAYBE IT'S UNDERSTANDABLE HE
SO MAYBE IT'S UNDERSTANDABLE HE HASN'T RELEASED THEM YET BUT HE
HASN'T RELEASED THEM YET BUT HE SHOULD HAVE ANTICIPATED THIS AND
SHOULD HAVE ANTICIPATED THIS AND HE SHOULD HAVE BEEN READY TO DO
HE SHOULD HAVE BEEN READY TO DO IT.
IT. HERE'S WHAT HE SAID MONDAY
HERE'S WHAT HE SAID MONDAY NIGHT.
NIGHT. >> SO WILL YOU BE RELEASING TEN
>> SO WILL YOU BE RELEASING TEN YEARS OF TAX RETURNS?
YEARS OF TAX RETURNS? >> IT MIGHT TAKE WORK TO DIG UP
>> IT MIGHT TAKE WORK TO DIG UP THE LAST TEN YEARS BUT IT'S NOT
THE LAST TEN YEARS BUT IT'S NOT PRETTY COMPLICATED.
PRETTY COMPLICATED. PRETTY THIN FILE.
PRETTY THIN FILE. >> HOW ABOUT YOUR 2018 TAX
>> HOW ABOUT YOUR 2018 TAX RETURN?
RETURN? WOULD YOU BE READY TO FILE THAT
WOULD YOU BE READY TO FILE THAT BY APRIL 15th?
BY APRIL 15th? >> I GOT TOED A MUTT I HAVEN'T
>> I GOT TOED A MUTT I HAVEN'T GOT AAROUND TO PUTTING THAT IN
GOT AAROUND TO PUTTING THAT IN JUST YET AND OBVIOUSLY I WANT TO
JUST YET AND OBVIOUSLY I WANT TO PRACTICE WHAT I PREACH.
PRACTICE WHAT I PREACH. >> SO HOW MUCH TIME DO YOU WANT
>> SO HOW MUCH TIME DO YOU WANT TO GIVE TO YOUR CANDIDATE TO
TO GIVE TO YOUR CANDIDATE TO PRACTICE WHAT HE PREACHES?
PRACTICE WHAT HE PREACHES? BERNIE SANDERS SAID HE WOULD BE
BERNIE SANDERS SAID HE WOULD BE RELEASING HIS TAX RETURNS SOON.
RELEASING HIS TAX RETURNS SOON. DID YOU THINK THAT MEANT MORE
DID YOU THINK THAT MEANT MORE THAN FIVE WEEKS?
THAN FIVE WEEKS? ON SUNDAY BERNIE SANDERS SAID
ON SUNDAY BERNIE SANDERS SAID SOMETHING STRANGE ABOUT
SOMETHING STRANGE ABOUT RELEASING HIS TAX RETURNS.
RELEASING HIS TAX RETURNS. >> WE HAVE IT ALL DONE AND IT'S
>> WE HAVE IT ALL DONE AND IT'S JUST THE QUESTION OF DOTTING THE
JUST THE QUESTION OF DOTTING THE Is AND CROSSING THE Ts.
Is AND CROSSING THE Ts. YES, WE WILL.
YES, WE WILL. >> RIGHT.
>> RIGHT. IT MAKES SENSE IF BERNIE SANDERS
IT MAKES SENSE IF BERNIE SANDERS IS TALKING ONLY ABOUT HIS
IS TALKING ONLY ABOUT HIS CURRENT TAX RETURN THAT HAS TO
CURRENT TAX RETURN THAT HAS TO BE FILED IN THE NEXT 12 DAYS.
BE FILED IN THE NEXT 12 DAYS. BUT IT'S THE OFFICIALS POSITION
BUT IT'S THE OFFICIALS POSITION AS EXPRESSED IN THE VERY FIRST
AS EXPRESSED IN THE VERY FIRST BILL IN THE HOUSE OF
BILL IN THE HOUSE OF REPRESENTATIVES THIS YEAR THAT
REPRESENTATIVES THIS YEAR THAT THEY SHOULD RELEASE TEN YEARS OF
THEY SHOULD RELEASE TEN YEARS OF TAX RETURNS.
TAX RETURNS. AND YOU ARE NOT ALLOWED TO GO
AND YOU ARE NOT ALLOWED TO GO BACK AND DOT THE Is AND CROSS
BACK AND DOT THE Is AND CROSS THE Ts IN YOUR TAX RETURN FROM
THE Ts IN YOUR TAX RETURN FROM 10 YEARS AGO OR NINE OR TEN OR
10 YEARS AGO OR NINE OR TEN OR SEVEN YEARS AGO, LIKE SENATOR
SEVEN YEARS AGO, LIKE SENATOR ELIZABETH WARREN, BERNIE SANDERS
ELIZABETH WARREN, BERNIE SANDERS SHOULD HAVE HAD TEN YEARS OF TAX
SHOULD HAVE HAD TEN YEARS OF TAX RETURNS READY TO BE RELEASED
RETURNS READY TO BE RELEASED LAST YEAR.
LAST YEAR. THE ONE TAX RETURN WE'VE SEEN
THE ONE TAX RETURN WE'VE SEEN FROM SENATOR SANDERS, 2014, IS
FROM SENATOR SANDERS, 2014, IS AN INCREDIBLY SIMPLE,
AN INCREDIBLY SIMPLE, NONCONTROVERSIAL TAX RETURN.
NONCONTROVERSIAL TAX RETURN. A TYPICAL TAX RETURN FOR A
A TYPICAL TAX RETURN FOR A UNITED STATES SENATOR WHO IS NOT
UNITED STATES SENATOR WHO IS NOT RICH.
RICH. I WOULD ASSUME ALL OF HIS TAX
I WOULD ASSUME ALL OF HIS TAX RETURNS ARE EQUALLY SIMPLE.
RETURNS ARE EQUALLY SIMPLE. THIS SEEMS LIKE A COMPLETELY
THIS SEEMS LIKE A COMPLETELY UNNECESSARY POLITICAL ERROR
UNNECESSARY POLITICAL ERROR BEING MADE BY THE SANDERS
BEING MADE BY THE SANDERS CAMPAIGN.
CAMPAIGN. BUT THAT CAMPAIGN LIKE ALL OF
BUT THAT CAMPAIGN LIKE ALL OF THE CAMPAIGNS HAVE RELEASED
THE CAMPAIGNS HAVE RELEASED EXACTLY HOW MUCH MONEY THEY HAVE
EXACTLY HOW MUCH MONEY THEY HAVE RAISED IN THE FIRST THREE MONTHS
RAISED IN THE FIRST THREE MONTHS OF THIS YEAR THE CAMPAIGNS ALL
OF THIS YEAR THE CAMPAIGNS ALL DID THAT BECAUSE THERE IS A LAW
DID THAT BECAUSE THERE IS A LAW THAT REKWURS THEM TO DO IT.
THAT REKWURS THEM TO DO IT. THAT'S WHY WE NEED A LAW
THAT'S WHY WE NEED A LAW REQUIRING THEM TO RELEASE THEIR
REQUIRING THEM TO RELEASE THEIR TAX RETURNS.
TAX RETURNS. THE SANDERS CAMPAIGN RAISED MORE
THE SANDERS CAMPAIGN RAISED MORE MONEY THAN ANY OTHER CAMPAIGN.
MONEY THAN ANY OTHER CAMPAIGN. $18.2 MILLION IN THE FIRST
$18.2 MILLION IN THE FIRST QUARTER OF THIS YEAR.
QUARTER OF THIS YEAR. THAT MONEY CAME FROM 525,000
THAT MONEY CAME FROM 525,000 CONTRIBUTORS.
CONTRIBUTORS. ACCOUNTING FOR THAT MONEY AND
ACCOUNTING FOR THAT MONEY AND FILING THE FEC REPORT IS MUCH
FILING THE FEC REPORT IS MUCH MORE COMPLICATED AND TIME
MORE COMPLICATED AND TIME CONSUMING WHEN YOU HAVE 525,000
CONSUMING WHEN YOU HAVE 525,000 DIFFERENT SOURCES OF INCOME AND
DIFFERENT SOURCES OF INCOME AND ADDED INTO A TOTAL INCOME, WHICH
ADDED INTO A TOTAL INCOME, WHICH IN THIS CASE IS OVER $18
IN THIS CASE IS OVER $18 MILLION.
MILLION. THEY APPROACHED THAT WITH THE
THEY APPROACHED THAT WITH THE HIGHEST DEGREE OF COMPETENCE AND
HIGHEST DEGREE OF COMPETENCE AND PROFESSIONALISM.
PROFESSIONALISM. AND EVERY PERSON WHO
AND EVERY PERSON WHO CONTRIBUTED.
CONTRIBUTED. AND THAT SAME PRESIDENTIAL
AND THAT SAME PRESIDENTIAL CAMPAIGN, THOSE CAMPAIGNS WHO DO
CAMPAIGN, THOSE CAMPAIGNS WHO DO THAT ARE ALL CAPABLE OF DOING
THAT ARE ALL CAPABLE OF DOING THAT.
THAT. THEY SHOULD BE ABLE TO MAKE SURE
THEY SHOULD BE ABLE TO MAKE SURE THAT THEIR CANDIDATE'S TAX
THAT THEIR CANDIDATE'S TAX RETURNS ARE FILED ON TIME AND
RETURNS ARE FILED ON TIME AND PUBLICLY RELEASED AS QUICKLY AS
PUBLICLY RELEASED AS QUICKLY AS POSSIBLE.
POSSIBLE. THE CAMPAIGNS CAN'T PAY DO THAT.
THE CAMPAIGNS CAN'T PAY DO THAT. BUT THEY CAN MAKE SURE THE
BUT THEY CAN MAKE SURE THE CANDIDATES ARE GETTING THAT
CANDIDATES ARE GETTING THAT DONE.
DONE. EVEN THOUGH THERE IS NO LAW THAT
EVEN THOUGH THERE IS NO LAW THAT FORCES THEM TO DO THAT.
FORCES THEM TO DO THAT. ON SUNDAY BERNIE SANDERS ADDED
ON SUNDAY BERNIE SANDERS ADDED SOMETHING ABOUT PRESIDENT TRUMP
SOMETHING ABOUT PRESIDENT TRUMP AFTER HE SAID THAT HE -- BERNIE
AFTER HE SAID THAT HE -- BERNIE SANDERS SAID HE WOULD BE
SANDERS SAID HE WOULD BE RELEASING HIS TAX RETURNS AFTER
RELEASING HIS TAX RETURNS AFTER DOTTING THE Is AND CROSSING THE
DOTTING THE Is AND CROSSING THE Ts.
Ts. >> BY THE WAY, LET ME CHALLENGE
>> BY THE WAY, LET ME CHALLENGE PRESIDENT TRUMP TO DO THE SAME.
PRESIDENT TRUMP TO DO THE SAME. TRUST ME WE DO NOT HAVE
TRUST ME WE DO NOT HAVE INVESTMENTS IN
INVESTMENTS IN INVESTMENTS RUSSIA OR SAUDI
INVESTMENTS RUSSIA OR SAUDI ARABIA OR CAN ANYPLACE ELSE.
ARABIA OR CAN ANYPLACE ELSE. >> BUT NO DEMOCRATIC CANDIDATE
>> BUT NO DEMOCRATIC CANDIDATE FOR PRESIDENT CAN CHALLENGE
FOR PRESIDENT CAN CHALLENGE PRESIDENT TRUMP ABOUT RELEASING
PRESIDENT TRUMP ABOUT RELEASING HIS TAX RETURNS UNTIL THAT
HIS TAX RETURNS UNTIL THAT CANDIDATE HAS RELEASED TEN YEARS
CANDIDATE HAS RELEASED TEN YEARS OF HIS OWN TAX RETURNS.
OF HIS OWN TAX RETURNS. THE TIME FOR EXCUSES FOR THIS IS

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