Monday, 22 April, 2019

House Democrats ask IRS for 6 years of Trump's tax returns

House Democrats formally demand Trump's tax returns from IRS Key House Democrat Formally Asks For Trump's Tax Returns
Leonard Rios | 06 April, 2019, 02:33

Liberals have speculated wildly about their contents.

Trump unsuccessfully sued me in 2006 for libel over a biography I wrote called "TrumpNation", citing unflattering sections of the book that examined his business record and wealth. "In order to fairly make that determination, we must obtain President Trump's tax returns and review whether the IRS is carrying out its responsibilities".

House Ways and Means Committee Chairman (a Democrat), Richard E. Neal, based his request to the IRS on an arcane part of the tax code, to request the documents, after months of discussion and deliberation with other committee members, the American media has reported.

Neal has been under pressure from some Democrats this year to move quickly on the tax returns request, given that the effort could lead to lengthy court battles. And on Thursday, Mexico's ambassador to the U.S. Martha Barcena told The Associated Press the country was working to make its own border "more orderly" but "migration will never be stopped".

Alexandria Ocasio-Cortez was all too happy to point this fact out to Trump on Twitter, with a succinct "we didn't ask you" in response to Trump's exhausted excuse.

One other lawmaker empowered to request Trump's tax returns, Senate Finance Chairman Chuck Grassley, asserted that Democrats are seeking Trump's tax returns, not to reform any tax-related law, but to take down the president.

In his latest walk-back in recent days, Trump told reporters he would try the "less drastic measure" before resorting to his standing threat. Now he may have no choice but to give them up.

When asked about the Democrat's request, Trump told reporters that he "would not be inclined" to provide his returns to the committee, saying that he can not do so as he is now being audited.

"Is that all?" Trump said when asked about the six years of returns.

Neal's letter was addressed to Rettig, a Trump appointee.

Chairman Neal's office did not respond to the Caller's request for comment.

The information could rekindle the inquiry into the president's ties to Russian Federation, despite Barr saying Mueller found there was not enough evidence to prosecute a criminal conspiracy between the Trump campaign and Russian Federation.

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"No party in any Congress should have the authority to rummage around in your tax returns purely for political reasons, and if they can do that to the president what stops them from doing that to any political enemy?"

The Democrat-controlled House is wasting no time in getting to the bottom of whatever it may be that President Donald Trump could be hiding. "Do the tax returns substantiate that, shed light on that, or in fact contradict that? And probably start off with the tariffs", Trump said.

As for Mexico's future action against migrants, Trump said, "If they don't do it, we'll tariff the cars".

Even assuming Neal receives the documents, there are strict rules around who else can view them.

In this April 2, 2019, photo, House Ways and Means Committee Chairman Richard Neal, D-Mass., arrives for a Democratic Caucus meeting at the Capitol in Washington. "The point of all of this is to examine to the extent to which the IRS is auditing and enforcing federal tax law on the President of the United States".

Financial disclosure has become an issue in the Democratic primary, with several Democrats already releasing their tax returns, including Senator Elizabeth Warren of MA.

House Democrats haven't stopped at Trump's business filings.

"We will protect the president as we would protect any individual taxpayer under their rights", Mnuchin said.

Meanwhile, the accounting firm in charge of the president's tax information has said they will only release his financial statements if subpoenaed first. None of those measures have become law.

There is no official date for when the IRS commissioner will decide to release the tax returns, but Sen.

"Congress: 'We didn't ask you'".

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