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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHouse Committee Uses Century-Old Provision in the Tax Code to Demand Trump's Taxes From IRS
https://slate.com/news-and-politics/2019/04/ways-and-means-house-tax-code-demand-trump-irs.htmlHouse Committee Uses Century-Old Provision in the Tax Code to Demand Trumps Taxes From IRS
By Elliot Hannon
April 03, 201910:29 PM
One feature of Democrats winning the House back in 2018 is the subpoena power that came with a whiff of congressional leadership. Now in charge of House committees, Democrats have been aggressive in their pursuit of Trump administration malfeasance wherever it may occur. Thats all fine and good, but Trumps taxes remain the real investigative prize not named Mueller and, on Wednesday, the House Ways and Means Committee officially upped the ante in its pursuit of the presidents conspicuously buried taxes by formally asking the IRS to turn over six years of Trumps personal and business tax returns.
Rep. Richard Neal is the chairman of the House Ways and Means Committee and instead of threatening Trump with legal action, the Massachusetts Democrat is invoking an authority enshrined in the tax code granted only to the tax-writing committees in Congress that gives the chairmen of the House Ways and Means Committee and the Senate Finance Committee the power to request tax information on any filer, the New York Times reports. The provision, which dates in some form to the Teapot Dome scandal of Warren G. Hardings administration, at least on its face gives the Trump administration little room to decline a request like Mr. Neals. It only says that the Treasury secretary shall furnish the information.
Republicans have, predictably, pushed back against the request, arguing that Democrats are weaponizing our nations tax code. The obvious counterargument is: its near impossible to weaponize something that is already in the public domain, as the taxes of every other president since Nixon have been. Trump addressed the move Wednesday afternoon with more of the same, claiming that hed love to help, really, but hes terribly busy being audited or something.
snip//
The request to the IRS also demanded returns from Trumps business and charitable entities, including the Donald J. Trump Revocable Trust, [-] an umbrella entity that controls more than 100 other businesses, including his Mar-a-Lago Club in Florida. Some of those businesses also own a variety of Trumps homes, hotels, golf clubs, his properties in Scotland and his namesake hotel in downtown Washington, the Washington Post reports. Neal also made requests of DTTM Operations LLC and DTTM Operations Managing Member Corp, which own a number of other Trump LLCs. These businesses collect licensing fees from various Trump-branded products. On his personal financial disclosures, Trump has never reported any income from these entities.
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House Committee Uses Century-Old Provision in the Tax Code to Demand Trump's Taxes From IRS (Original Post)
babylonsister
Apr 2019
OP
GusBob
(7,286 posts)1. My limited understanding of legislative lingo
The word shall leaves no wiggle room. It must be done
Takket
(21,677 posts)2. Drumpf doesn't need to accept or decline the request
The request wasnt made to him. It was made to the treasury/IRS.
Response to babylonsister (Original post)
Mosby This message was self-deleted by its author.