“Is That All?” President Trump Responds to Dem Request For His Tax Returns (VIDEO)
President Trump responded to the rabid Democrats gunning for his tax returns on Wednesday.
The Chairman of the House Ways and Means Committee, Rep. Richard Neal (D-MA), sent a letter to the IRS Wednesday demanding President Trump’s tax returns for 2013 through 2018 as well as for several of Trump’s businesses.
CNN broke the story Wednesday evening.
“Is that all?” Trump said to a reporter on Wednesday who brought up the Dems request for the last 6 years of his tax returns. Trump said that the Democrats are giving up because they usually ask for the last 10 years of his tax returns.
“We’re under audit,” Trump continued. “Despite what people said and we’re working that out — I’m always under audit it seems — I’ve been under audit for many years because the numbers are big and guess when you have a name, you’re audited.”
“Until such time that I’m not under audit, I would not be inclined to do that,” Trump said.
Pres. Trump says he “would not be inclined” to comply with new Congressional request for six years of his tax returns, citing an ongoing audit as the reason. https://t.co/TkEQFB3saW pic.twitter.com/QTnSRT6pw2
— ABC News (@ABC) April 3, 2019
The House Democrats launched an investigation into President Trump’s tax returns in February.
Currently there is no law requiring a presidential candidate release their tax returns, but the Democrats don’t care about laws — they want to harass President Trump.
A hearing of a Ways and Means oversight subcommittee in February was meant to begin building a legal case that Trump withholding his tax returns was potentially hiding violations of federal tax laws therefore compromising US interests.
The Democrats argued in the hearing that they have legal authority to invoke an obscure provision in the federal code that allows the Chairman of the committee to access private tax information, reported the New York Times.
The committee’s chairman, Rep. Richard Neal (D-MA), was working with the House’s general counsel, Doug Letter, to build a legal argument that will withstand a court challenge, according to the Times.
CNN also reported the legal context for Neal’s request:
…Under IRS code 6103, only the Joint Committee on Taxation, the House Ways and Means chairman and the Senate Finance Committee chairman have the authority to request the tax information of an individual.
…Democrats believe the statute is clear. Under the code, it says “the secretary shall furnish such committee with any return or return information specified in such request.”