Richie Neal and Trump's Taxes
Richie Neal and Trump’s Taxes
Jeff Hauser & Eleanor Eagan
March 13, 2019
The costs of having a corporate Democrat chair the House Ways and Means Committee
As most House Democrats enthusiastically jump on the long-dormant congressional oversight train, one senior lawmaker has conspicuously chosen to stay on the platform. Under the leadership of Representative Richard Neal, the House Committee on Ways and Means has shown none of the zeal for oversight exhibited by its counterparts.
The announcement two weeks ago that Neal would finally request Trump’s tax returns, after a good deal of pressure from the Democratic Caucus, might have appeared to be a welcome reversal. But look at the fine print and you’ll see that the committee’s strategy is basically a continuation of Neal’s obstinate refusal to deliver on Democrats’ 2018 campaign promises.
Not only is Neal’s request still set for some uncertain time in the nearish future (approximately two and a half or more months too late), the request he is contemplating is wildly inadequate.
That is because Neal plans to disregard tax law experts and request only the president’s personal returns.
Neal’s lame excuse is that business returns for Trump’s over 500 Limited Liability Corporations (LLCs) are too complex. Neal is right that understanding Trump’s finances will be unjustifiably arduous, but as one of the few people in the country with the power to gather the resources and expertise to conquer this task, surrender in the face of this complexity is a cowardly dereliction of duty.
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https://prospect.org/article/richie-neal-and-trumps-taxes
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