Trump suggests he won't turn over tax returns even if Democrats demand them.

[mahatmakanejeeves]

David Fahrenthold Retweeted:

Trump and newly empowered congressional Democrats are on a collision course over his tax returns. He says he won't let them be released, but Neal wants them. Is this headed to Supreme Court?

Link to tweet

Business

Trump suggests he won’t turn over tax returns even if Democrats demand them

By Damian Paletta and Erica Werner
November 7 at 12:43 PM

President Trump and newly empowered congressional Democrats appeared to be on a collision course over the release of the president’s tax returns, as a top Democrat signaled he would demand the information under federal law and Trump insisted he would attempt to block any release.

Rep. Richard Neal (D-Mass.), slated to become the chairman of the tax-writing House Ways and Means Committee, plans to insist Trump voluntarily release his tax returns, a spokesperson for Neal said. If Trump doesn’t, then Neal will file a legal request with the Treasury Secretary that would require the returns be disclosed to a small group of people on Capitol Hill.

But at a news conference Wednesday, Trump said his tax returns were under audit and therefore he would not release them. He said he might confider releasing them at a later date, something he has said since at least 2016.

“Nobody turns over a [tax] return when it’s under audit,” Trump said during a news conference when asked about the returns. ... Later, though, he acknowledged the audit would not prevent the release of his tax returns. ... “I didn’t say it prevented me, I said lawyers will tell you not to do it,” he said. Then he asked the reporter to change the subject.
....

Damian Paletta is White House economic policy reporter for The Washington Post. Before joining The Post, he covered the White House for the Wall Street Journal. Follow https://twitter.com/damianpaletta

Erica Werner has worked at The Washington Post since 2017, covering Congress with a focus on economic policy. Previously, she worked at the Associated Press for more than 17 years. Follow https://twitter.com/ericawerner

One thing to keep in mind as the GOP suggests that Dems will badly damage themselves if they investigate Trump: They were very clear, in 2016, that if Clinton won they'd launch probe after probe of her.

Link to tweet

[lagomorph777]

1. Yeah, if they're that intent on discouraging Dems from investigating, they know what will happen.

And the outcome will be bad for the Russiapublican Party.

[Haggis for Breakfast]

2. It doesn't matter what he says. Or thinks.

It's entirely out of his (tiny) hands, now. The House can subpoena any tax records they want. The previous House wasn't interested, so it didn't happen.

But the House doesn't ask him for the tax records, they subpoena the IRS for them. Trmp has NO control over that.

So, it no longer matters what he says or thinks or wants.

Learn this now, Spanky, no one is above the law. No, not even you.

[mahatmakanejeeves]

3. And the IRS says, "No. See you in court." NT

Last edited Thu Nov 8, 2018, 11:54 AM - Edit history (1)

[Haggis for Breakfast]

4. Not likely. They have no standing to refuse.