President Trump on Wednesday repeated his claim that he can’t release his income tax returns because they are under audit — adding that they were so complicated, no one would understand them.

“Look, as I’ve told you, they’re under audit. They’re extremely complex. People wouldn’t understand them,” the president said during a White House news conference the morning after his party lost the House majority.

“They’re done by among the biggest and best law firms in the country, same thing with the accounting firms. The accountants are very, very large power firms from the standpoint of respect, highly respected. Big firms,” he said.

“But people don’t understand tax returns.”

Trump is the first president in decades to not release his tax returns.

There is no IRS regulation that would prevent Trump from making the returns public if he wanted to.