U.S. News

Trump says he may release tax return when he's left the White House

President Donald Trump at a press conference with members of the GOP, on the passage of legislation to roll back the Affordable Care Act, in the Rose Garden of the White House, Thursday, May 4, 2017.
Cheriss May | NurPhoto | Getty Images

U.S. President Donald Trump said he may release his tax returns on leaving the White House, but stressed he would never consider doing so as part of any potential deal with Democrats, according to an interview with The Economist.

When asked whether he would be prepared to release his tax returns in order to garner enough support from Democrats to achieve his ideal tax plan, Trump told The Economist, "I don't know. That's a very interesting question … at some point I'll release them. Maybe I'll release them after I'm finished because I'm very proud of them actually. I did a good job."

The U.S. president clarified later in the Economist interview and reversed himself, saying that he would, in fact, never release his tax returns as part of a potential agreement with Democrats as it would be "unfair" and "disrespectful" to agree to such a deal.

Trump also said the U.S. would make "tremendous savings" in tax reductions should Congress approve one of his top campaign pledges, and a multi-year Republican pursuit, to dismantle former President Barack Obama's signature health-care law.

Treasury Secretary Steven Mnuchin sat alongside Trump in the White House interview and confirmed the president's claim that the U.S. would stand to benefit between "$400 billion to $900 billion" with the proposed health-care plan.

Read The Economist's full transcript here.