Michael Cohen Says Trump 'Should Do 360 Years' in Prison After Tax Returns Revealed

Donald Trump's former lawyer Michael Cohen has said that the president "should do 360 years" in prison for tax evasion following claims published by The New York Times about the president's tax returns.

The disbarred attorney did not hold back on commenting about Sunday's Times story, which alleged that President Trump paid $750 in federal income taxes in 2016 and 2017. The Times has not released the documents which form the basis its report to protects its sources, and the information has not been independently corroborated.

Speaking to MSNBC via phone, Cohen said: "I also want to say in 2016 and 2017, while he paid $750, I paid in excess of $3 million in taxes to the IRS, and that's verifiable too.

"So if I went to jail for 36 months on tax evasion, which probably should have been tax omission, Donald Trump should do 360 years, based upon the numbers."

Cohen tweeted on Sunday evening with a passage from his new book, Disloyal: A Memoir by Michael Cohen, in which the president allegedly boasted about how "stupid" the IRS was for giving him a tax refund.

"Everything I have stated about@potus @realDonaldTrump has been proven100% #TRUE!," the former lawyer said.

The passage from his memoir said that Cohen remembers sitting in Trump's office when the president was "flabbergasted but also delighted" to have received a tax refund check for $10 million.

According to Cohen, Trump said: "Can you believe how f****** stupid the IRS is? Who would give me a refund of ten f****** million dollars? They are so stupid!"

On Sunday, The New York Times published an extensive report on the president's tax returns, which he has refused to release publicly, even fighting a Supreme Court battle to prevent him from having to do so.

The records seen by The Times allege that for 10 of the 15 years previous to 2016, the president did not pay any federal income tax, "largely because he reported losing much more money than he made."

Trump is still under IRS scrutiny over the legitimacy of a $72.9 million tax refund granted to him in 2010, according to The Times. If he were to lose that fight, he would have to pay the revenue service $100 million.

Cohen worked as Trump's personal attorney from 2006 until 2018, and served as the deputy finance chairman for the Republican National Committee from 2017 to 2018.

He is currently serving a three-year federal prison sentence under home confinement for crimes involving campaign finance violations, tax evasion and lying to Congress. He was allowed to serve his sentence from his home due to the coronavirus pandemic.

Earlier this month in an interview with CNN, Cohen said that Trump was afraid for his tax returns to be released publicly, over concerns that this would likely result in financial penalties and possibly even show tax fraud.

"His biggest fear is, if that tax return was released, there's a whole slew of accountants and forensic accountants that will rip through it and he will end up with a massive tax bill, penalties, fines and possibly even tax fraud," the former lawyer stated.

Michael Cohen New York
Michael Cohen, President Trump's former attorney arrives at his Park Avenue home after being released from federal prison on furlough due to medical concerns related to Covid-19 on May 21, 2020 in New York City. The former lawyer has felt vindicated after The New York Times published details about Trump's tax returns. David Dee Delgado/Getty Images
Michael Cohen Says Trump 'Should Do 360 Years' in Prison After Tax Returns Revealed | News