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Donald Trump is the first president since Jimmy Carter not to release his tax returns to the public. He and his surrogates have deployed a battery of ever-shifting excuses for this, most commonly that he is under some audit. An audit, of course, doesn't prevent anyone from releasing their return, and audits hardly ever take three years. There may never have been an audit in the first place.
It's obvious Trump will not release his tax returns, ever. The only way the American public will get them is if someone forces them out. House Democrats have the clear legal authority to get those returns. So far they have inexplicably failed to even try. They--in particular House Ways and Means Chair Richard Neal (D-Mass.)--need to stop being such babies and get it done.
Here's the legal background. As Steven Rosenthal of the Tax Policy Center writes, a section of 26 U.S. Code SS 6103 states that if the chairman of the House Ways and Means Committee submits a written request for any tax return, the treasury secretary "shall furnish such committee with any return or return information specified in such request." Documents that identify an individual taxpayer just have to be seen in closed executive session. From there, the committee can decide to send them on to the full House: "Any return or return information obtained by or on behalf of such committee pursuant to the provisions of this subsection may be submitted by the committee to the Senate or the House of Representatives, or to both." The House can then vote to release them publicly, if they wish.
Moreover, oversight of conflicts of interest is literally the entire reason this law came about in the first place. It was passed in 1924, in response to the Teapot Dome scandal and then-Treasury Secretary Andrew Mellon's refusal to reveal his possible conflicts of interest.
That sort of thing is exactly why the American people deserve to see Trump's tax returns. No president has ever continued to operate a vast business empire while in office. The conflicts of interests -- plus instances of blatantly abusing his power to enrich himself--probably number in the hundreds. The man is plainly a crook.
Read full article here.
Political revenge. Mass deportations. Project 2025. Unfathomable corruption. Attacks on Social Security, Medicare, and Medicaid. Pardons for insurrectionists. An all-out assault on democracy. Republicans in Congress are scrambling to give Trump broad new powers to strip the tax-exempt status of any nonprofit he doesn’t like by declaring it a “terrorist-supporting organization.” Trump has already begun filing lawsuits against news outlets that criticize him. At Common Dreams, we won’t back down, but we must get ready for whatever Trump and his thugs throw at us. Our Year-End campaign is our most important fundraiser of the year. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. By donating today, please help us fight the dangers of a second Trump presidency. |
Donald Trump is the first president since Jimmy Carter not to release his tax returns to the public. He and his surrogates have deployed a battery of ever-shifting excuses for this, most commonly that he is under some audit. An audit, of course, doesn't prevent anyone from releasing their return, and audits hardly ever take three years. There may never have been an audit in the first place.
It's obvious Trump will not release his tax returns, ever. The only way the American public will get them is if someone forces them out. House Democrats have the clear legal authority to get those returns. So far they have inexplicably failed to even try. They--in particular House Ways and Means Chair Richard Neal (D-Mass.)--need to stop being such babies and get it done.
Here's the legal background. As Steven Rosenthal of the Tax Policy Center writes, a section of 26 U.S. Code SS 6103 states that if the chairman of the House Ways and Means Committee submits a written request for any tax return, the treasury secretary "shall furnish such committee with any return or return information specified in such request." Documents that identify an individual taxpayer just have to be seen in closed executive session. From there, the committee can decide to send them on to the full House: "Any return or return information obtained by or on behalf of such committee pursuant to the provisions of this subsection may be submitted by the committee to the Senate or the House of Representatives, or to both." The House can then vote to release them publicly, if they wish.
Moreover, oversight of conflicts of interest is literally the entire reason this law came about in the first place. It was passed in 1924, in response to the Teapot Dome scandal and then-Treasury Secretary Andrew Mellon's refusal to reveal his possible conflicts of interest.
That sort of thing is exactly why the American people deserve to see Trump's tax returns. No president has ever continued to operate a vast business empire while in office. The conflicts of interests -- plus instances of blatantly abusing his power to enrich himself--probably number in the hundreds. The man is plainly a crook.
Read full article here.
Donald Trump is the first president since Jimmy Carter not to release his tax returns to the public. He and his surrogates have deployed a battery of ever-shifting excuses for this, most commonly that he is under some audit. An audit, of course, doesn't prevent anyone from releasing their return, and audits hardly ever take three years. There may never have been an audit in the first place.
It's obvious Trump will not release his tax returns, ever. The only way the American public will get them is if someone forces them out. House Democrats have the clear legal authority to get those returns. So far they have inexplicably failed to even try. They--in particular House Ways and Means Chair Richard Neal (D-Mass.)--need to stop being such babies and get it done.
Here's the legal background. As Steven Rosenthal of the Tax Policy Center writes, a section of 26 U.S. Code SS 6103 states that if the chairman of the House Ways and Means Committee submits a written request for any tax return, the treasury secretary "shall furnish such committee with any return or return information specified in such request." Documents that identify an individual taxpayer just have to be seen in closed executive session. From there, the committee can decide to send them on to the full House: "Any return or return information obtained by or on behalf of such committee pursuant to the provisions of this subsection may be submitted by the committee to the Senate or the House of Representatives, or to both." The House can then vote to release them publicly, if they wish.
Moreover, oversight of conflicts of interest is literally the entire reason this law came about in the first place. It was passed in 1924, in response to the Teapot Dome scandal and then-Treasury Secretary Andrew Mellon's refusal to reveal his possible conflicts of interest.
That sort of thing is exactly why the American people deserve to see Trump's tax returns. No president has ever continued to operate a vast business empire while in office. The conflicts of interests -- plus instances of blatantly abusing his power to enrich himself--probably number in the hundreds. The man is plainly a crook.
Read full article here.