US Democrats officially request Donald Trump's tax returns from IRS

US Democrats officially request Donald Trump's tax returns from IRS

US Democrats officially request Donald Trump's tax returns from IRS

Asked whether he would comply with the Democratic request, Trump said that "until such time as I'm not under audit I would not be inclined to do that".

Trump brushed off the request Thursday, telling reporters, "Is that all?"

"When you strip out all their pretexts, and when you strip out their circular logic, all you have are Democrats who want to go after the President any way they can", Grassley, R-Iowa, said.

"Is that all?" Trump asked when told Neal had request six years of his tax returns.

Neal himself, however, has not released his own tax returns when the press requested them.

Okay, cool story - and one we've heard many times before. The request includes returns for eight corporate entities. These businesses collect licensing fees from various Trump-branded products. "And now he's completely oblique when it comes to his personal interests".

Neal's letter was carefully worded. "We thought the request had to stand up under the magnifying glass". The congressman rebuffed each request.

In the letter Neal said he's looking to determine if the IRS's audits of the president have been conducted "fully and appropriately".

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Mr. Neal said being under an audit doesn't cut it as an excuse. "And we'll be working that over in the next period of time".

Congressional Republicans on Thursday criticized efforts by House Democrats to obtain President Donald Trump's tax returns with House Republican Leader Kevin McCarthy warning that the request "sets a unsafe standard of having the federal government used as a political weapon" and dismissing the move as "a waste of time". He declined to answer, saying only that he would consult with his legal counsel.

"It is critical to ensure the accountability of our government and elected officials", the Massachusetts Democrat said in a statement.

The committee said in its statement that Neal insisted the request "is not about impeachment", but legitimate oversight issues.

The White House on Thursday withdrew the nomination of a longtime border official to lead U.S. Immigration and Customs Enforcement as the Trump administration grapples with a massive increase in Southern border crossings that are straining the system with no easy solution, according to people with knowledge of the move. The findings ultimately disappointed Trump's opponents, showing he paid an effective tax rate of 25 percent, or $38 million. But Mnuchin has signaled that he will be in the driver's seat in making the ultimate decision on how to proceed. The Internal Revenue Service is part of the Treasury Department. For Democrats, the tax returns hold the promise of breathing new life into a series of ongoing investigations. "His CPA's say don't turn it over, and I take him at his word, and I respect that".

"My actions reflect an abiding reverence for our democracy and our institutions, and are in no way based on emotion of the moment or partisanship", he said. Section 6103 of the code is very clear: the chairman of the Ways and Means committee can request a copy of these returns and the IRS commissioner is legally bound to provide them. "I think all things being equal, I would like to see the President's taxes, I wouldn't be adverse to turning over my taxes, I don't have anything to hide".

"There is nothing we can ever give to the Democrats that will make them happy", Trump tweeted.

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