Donald Trump's longtime accountant disputes Trump's 'brilliant' grasp of the tax code


Donald Trump's most recent response to the publication in The New York Times of 1995 personal state tax returns showing him reporting a $916 million loss — meaning he could have avoided paying federal income tax for 18 years — is that he "brilliantly" used the tax system to his advantage. "I understand the tax laws better than almost anyone, which is why I am one who can truly fix them,” Trump said Monday in Pueblo, Colorado. "I understand it. I get it." His former accountant, Jack Mitnick, says that's not true, or wasn't when he prepared Trump's taxes from the 1960s to 1996.
Mitnick has been making the rounds, and he told both The New York Times and NBC News that Fred Trump, Trump's dad, was interested in the details of tax policy but Donald Trump was not, and the only questions asked when Donald and his first wife, Ivana, came in to sign their returns were asked by Ivana. When Inside Edition asked Mitnick if he thought Trump was "brilliant" in his use of the tax system in 1996, Mitnick laughed: "No, I did all the tax preparation. He never saw the product until it was presented to him for signature." He wouldn't speculate who would have leaked the returns, saying only that all the copies were turned over to Trump, and he wouldn't say who he is voting for in November, saying only, "That's confidential." Peter Weber
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
The best historical fiction of 2025
The Week Recommends Let these compelling tales whisk you away to another century
-
Taz Sarhane's mallard with pine nut sauce and boulangère potatoes
The Week Recommends Bold duck, crispy potatoes and silky pine-nut sauce come together in this earthy yet refined dish
-
Cambodian pork and rice recipe
The Week Recommends This street-food dish is traditionally eaten for breakfast, but makes a delicious dinner, too
-
Warren Buffet announces surprise retirement
speed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff display
Speed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
-
Trump's China tariffs start after Canada, Mexico pauses
Speed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
-
Chinese AI chatbot's rise slams US tech stocks
Speed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
-
US port strike averted with tentative labor deal
Speed Read The strike could have shut down major ports from Texas to Maine