Trump said Wednesday he will begin releasing his tax returns by the end of the year.
He also said he would release the return he’s had the audacity to use as a political prop in recent weeks.
The former reality TV star, who was elected to the White House in November, has been embroiled in a dispute with the Internal Revenue Service over his taxes and has denied that he’s avoiding paying taxes on a large amount of his income.
But Trump’s latest tax returns, which he said he will release by the “mid-to-late next year,” would be his biggest political statement since his victory.
The new disclosures will be Trump’s most detailed public statements about his taxes since taking office, and the first time he’s provided them in a detailed format.
“It’s really important,” Trump said in an interview with CBS News’ Norah O’Donnell.
“I want to make sure everybody understands that I am going to be releasing my tax returns in the middle of the next year, which I hope will be early next year.”
He added, “I will do so much better than I did last time.
I have been a real champion of the American people, and I’ve been very successful with it.
I’m going to do so badly, I’ll do it very badly.”
Trump also said that he is working on a “major” tax reform package.
He said he wants to “create a big tax reform plan” that “is going to make a big difference for the American workers.”
And he said the United States should “cut our tax rates” and “get rid of all of the special breaks” that it receives from foreign countries.
He called for the United Nations to be held accountable for failing to address the problem of human trafficking.
The tax returns could help Trump prove that he was actually paying taxes.
He’s already accused the IRS of making him “pay” billions of dollars in taxes for years.
Trump said he’s paying taxes at a time when he needs to.
He added that he believes he should be able to do that because “it’s the law of the land.”
Trump is already facing a number of legal battles in the meantime.
His lawyers are challenging the IRS’s denial of his application for an extension of his exemption from paying income tax, which was requested by his wife, Melania.
They also are arguing that the tax agency has “unfairly targeted” him and that he has been targeted unfairly because he’s been a target of a criminal investigation into possible ties to Russia.
Trump has been accused of using the investigation as a pretext to get the former president, and his top adviser, fired from his position as the top adviser on foreign policy.
His legal team has also filed a lawsuit in the Southern District of New York against the IRS, accusing the agency of violating Trump’s First Amendment rights by not releasing Trump’s returns.
But in the interview with O’Neill, Trump also insisted that the IRS was not targeting him.
“You know, it’s not going to affect me, because I’m still a president,” he said.
“This is a big, big story.”