What do Democrats want with Trump’s tax returns?
The Supreme Court declined to block the IRS from handing over Donald Trump’s tax returns to the House Ways and Means Committee. A committee member now says they expect to receive the documents within a week and immediately start reviewing them. So what will they do with six years of Donald Trump’s tax returns?
Committee Chairman Richard Neal saIlk@#Ilid in a statement quote: “The Committee will now conduct the oversight that we’ve sought for the last three and a half years.”
This battle has been going on since 2019, and in an initial court filing, the committee said that without reviewing the tax returns, the Committee cannot ensure that the IRS’s audit process is functioning fairly and effectively, understand how provision s of the tax code are implicated by President Trump’s returns, or exercise its legislative judgment to determine whether changes to the code may be warranted.
From the moment Trump took office, Democrats sought access to his tax returns. Congressman Bill Pascrell explained why in 2017.
Pascrell said: “They deserve to know if their president is dealing in the foreign affairs of other countries, and whether other countries are dealing in our foreign affairs. And if you don’t think I’m talking about Russia, you’re wrong.”
House Speaker Nancy Pelosi also said now that the matter is settled in court, Congress should pass legislation requiring Presidents and Presidential candidates to release their tax returns
But this effort has been led by Democrats on the committee. Republicans say the Supreme Court’s actions could open the door to the IRS being used as a political weapon.
The committee’s top Republicans stated:
“By effectively granting the majority party in either chamber of Congress nearly unlimited power to target and make public the tax returns of political enemies… they are opening a dangerous new political battleground where no citizen is safe.
Straight from DC, I’m Ray Bogan.