Mnuchin refuses to give Trump's tax returns to House Dems

Mnuchin refuses to give Trump's tax returns to House Dems

The Treasury Department informed Congress on Monday that it will not turn over President Trump's tax returns by a chairman's deadline, leaving Democrats stewing and pondering their next step.

The Democratic leader of the US House Ways and Mean Committee has submitted a request to the IRS for Trump's federal tax returns.

-Rep. Lloyd DoggettHouse Ways and Means Chairman Richard Neal (D-Mass.) "has no choice but to subpoena Trump's personal and business tax returns and, if the stonewalling continues, hold Secretary Mnuchin in contempt of Congress for illegally shielding the returns", the groups said.

"As you have recognized, the Committee's request is unprecedented, and it presents serious constitutional questions, the resolution of which may have lasting consequences for all taxpayers", the letter said.

Mnuchin said Monday he had made his decision in consultation with the US Department of Justice.

Neal has argued that he needs Trump's taxes in order to conduct oversight of the IRS's presidential audit program to both understand how the IRS is using the program and to see if the program needs to be codified into law.

"What's unprecedented is this secretary refusing to comply with our lawful. request".

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The state tax returns can only be released under Hoylman's legislation if requested by any of three committees: The House Ways and Means Committee; the Senate Finance Committee; or the Joint Committee on Taxation. According to the Washington Post's Damian Paletta, the Justice Department refused to release its formal legal opinion on the matter-possibly because it doesn't exist.

In legislative action ahead of the vote on the tax returns bill, the Senate approved legislation created to ensure that a presidential pardon doesn't cover similar criminal charges filed at the state level.

The Massachusetts Democrat has previously indicated that defying his request would be interpreted as noncompliance and lead to an escalation of a standoff between the Trump administration and House Democrats. He concluded that the Treasury Department is "not authorized to disclose the requested returns and return information". Senate Democrats grilled the attorney general about his summary of the report and his remarks about what the investigation revealed.

House Democrats have sought Trump's records for a more recent period of time, from 2013 to 2018, citing the need to oversee how the Internal Revenue Service audits the president's tax returns.

Waters's committee has subpoenaed at least 9 financial institutions with ties to the President.

"They know that they are not going to get this, they just want the attention on the issue because they don't want to talk to us about policy", he said.

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