Democrats Formally Seek Six Years of Trump Tax Returns From IRS

[Tanngrisnir]

Really? I had no idea he was charged for that crime.

Care to point it out to me?

Never said he was charged with having done so, only that he's done so. You should learn to read better. You life would improve.

Donald Trump’s History of Lying Under Oath

 

[HumblePi]

And the public is going to learn about it. And the words "abuse of power" are going to be in the same sentence as this piece of **** "law".

Abuse of power ....right, as if Trump hasn't abused his power many times including dangling of pardons and witness tampering, as well as his broader attacks on the FBI and anyone else investigating him and attacks on the media calling them 'the enemy of the people, then there's the 35 day government shutdown for no legal reason that caused hardships for more than 800,000 federal workers.

 

[dcsports]

Either it will come back to hurt Democrats or it will show what a low-down despicable lying racketeering piece of dirt Trump really is.

If they ever get the returns, and leak them, it may well embarrass Trump. That's the whole goal of this exercise.

Passing this, however, does prove what a low-down, lying, unethical, hypocritical, pieces of dirt the Democrats on this committee are.

 

[HumblePi]

If they ever get the returns, and leak them, it may well embarrass Trump. That's the whole goal of this exercise.

Passing this, however, does prove what a low-down, lying, unethical, hypocritical, pieces of dirt the Democrats on this committee are.

And what if it's discovered that he used his office to enrich himself and his family and that he pushed the big tax break for the rich because it would benefit him? What it if shows he took loans from Deutsche Bank to buy properties to sell to Russians at twice the real estate estimated value? That's a sure sign of money laundering. Is that okay with you too?

 

[dcsports]

And what if it's discovered that he used his office to enrich himself and his family and that he pushed the big tax break for the rich because it would benefit him? What it if shows he took loans from Deutsche Bank to buy properties to sell to Russians at twice the real estate estimated value? That's a sure sign of money laundering. Is that okay with you too?

If you have evidence of a crime, you should let Mueller know what he missed. (And fyi - that would be a bribe, not money laundering).

Otherwise, this is a fishing trip... and really an attempt to find things to use for political leverage. And yes, no matter what the outcome, it shows that democrats are willing to abuse their office.

 

[HumblePi]

If you have evidence of a crime, you should let Mueller know what he missed. (And fyi - that would be a bribe, not money laundering).

Otherwise, this is a fishing trip... and really an attempt to find things to use for political leverage. And yes, no matter what the outcome, it shows that democrats are willing to abuse their office.

You aren't getting this yet. The Mueller report will MOST LIKELY absolve Trump of any crime. BUT, and this is a big one, the Muller report may uncover evidence of obstruction or abuse of power, which legally aren't crimes. But Congress doesn't need a crime with a smoking gun to impeach a president, all they need is probably cause to impeach.

 

[MTAtech]

If you have evidence of a crime, you should let Mueller know what he missed. (And fyi - that would be a bribe, not money laundering).

Otherwise, this is a fishing trip... and really an attempt to find things to use for political leverage. And yes, no matter what the outcome, it shows that democrats are willing to abuse their office.

The Chairperson of the Ways and Means Committee has the legal authority to request anyone's tax returns. One doesn't have to show that said person is a target of a crime. The very reason this law was crafted was because of the Teapot Dome scandal, in which it wasn't known whether the president was involved. Congress didn't then have the authority to obtain tax returns. They changed the law.

26 U.S. Code SS 6103 - Confidentiality and disclosure of returns and return information | U.S. Code | US Law | LII / Legal Information Institute

(f) Disclosure to Committees of Congress
(1) Committee on Ways and Means, Committee on Finance, and Joint Committee on Taxation
Upon written request from the chairman of the Committee on Ways and Means of the House of Representatives, the chairman of the Committee on Finance of the Senate, or the chairman of the Joint Committee on Taxation, the Secretary shall furnish such committee with any return or return information specified in such request, except that any return or return information which can be associated with, or otherwise identify, directly or indirectly, a particular taxpayer shall be furnished to such committee only when sitting in closed executive session unless such taxpayer otherwise consents in writing to such disclosure.

 

[upsideguy]

He’s still claiming he’s under audit!! Bahaha


Sent from my iPhone using Tapatalk

....he is now, by the House Ways and Means....

 

[SLC]

[h=1]Democrats Formally Seek Six Years of Trump Tax Returns From IRS[/h]https://www.bloomberg.com/news/articles/2019-04-03/democrats-formally-seek-six-years-of-trump-tax-returns-from-irs via @bpolitics


House Democrats on Wednesday formally demanded that the IRS turn over six years of personal and business tax returns for President Donald Trump, setting the stage for a clash with the White House and in the courts.
Ways and Means Chairman Richard Neal sent a letter to Internal Revenue Service Commissioner Charles Rettig, citing Congress’s oversight responsibility to review the president’s business activities before and during his first term.

“We must obtain President Trump’s tax returns and review whether the IRS is carrying out its responsibilities,” Neal said. “The committee has a duty to examine whether congressional action may be needed to require such audits, and to oversee that they are conducted properly.”
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(mine)

Six years of tax returns are being requested, even though tax returns are subject to IRS audit going back ten years in time, six years is the statute of limitations for criminally filing a false income tax return. There is no subpoena necessary issued to IRS for this information. According to the testimony given by Michael Cohen in February, Trump's taxes were not under audit as he said they were. This was the argument he had given for not releasing his tax returns.

You don't have a functioning link. And Bloomberg isn't mainstream media. :roll:

 

[Fruityfact]

I doubt they find crimes in Trump's taxes: he's a professional con, if he's done illegal stuff, it's not going to be obvious. Much more likely, is that his reported wealth is much lower than he claims because of his massive leverage/debts.

 

[MTAtech]

And the public is going to learn about it. And the words "abuse of power" are going to be in the same sentence as this piece of **** "law".

It's hard to abuse power that the law specifically grants you.

 

[HumblePi]

If they ever get the returns, and leak them, it may well embarrass Trump. That's the whole goal of this exercise.

Passing this, however, does prove what a low-down, lying, unethical, hypocritical, pieces of dirt the Democrats on this committee are.

You got it all wrong. The 'goal' is not to embarrass Trump, the man is incapable of being embarrassed. The GOAL is to impeach his treasonous, lying ass. Nobody could give a damn if he's embarrassed. People that have a conscience can get embarrassed. He doesn't have one. He's a psychopath and lifetime racketeer. Do you have any idea of how many times he's been involved in legal actions?

Over the past three decades, Donald Trump and his businesses have been involved in 3,500 legal cases in U.S. federal courts and state court, an unprecedented number for a U.S. presidential candidate!

The topics of the legal cases include contract disputes, defamation claims, and allegations of sexual harassment. Trump's companies have been involved in more than 100 tax disputes, and on "at least three dozen" occasions the New York State Department of Taxation and Finance has obtained tax liens against Trump properties for nonpayment of taxes.

He's a cheater, he's a liar, he's a crook, he's a racketeer. He needs to be impeached and the sooner the better. If it doesn't happen within the next two years, he's going to lose the election in the biggest Democratic landslide in modern history.

 

[Tanngrisnir]

If they ever get the returns, and leak them, it may well embarrass Trump. That's the whole goal of this exercise.

Passing this, however, does prove what a low-down, lying, unethical, hypocritical, pieces of dirt the Democrats on this committee are.

What an odd thing do have to pretend to oneself. Legally demanding his tax returns is 'unethical'?

Do you know what that word actually means?

 

[MTAtech]

I doubt they find crimes in Trump's taxes: he's a professional con, if he's done illegal stuff, it's not going to be obvious. Much more likely, is that his reported wealth is much lower than he claims because of his massive leverage/debts.

I think there is something to find or he wouldn't have resisted all efforts to see them. It will be sweat when we learn that he wasn't being audited in 2016 and that was all a sleazy lie.

We may also find out that he is indebted to foreigners, which then asks whether U.S. foreign policy is influenced by his creditors.

 

[OscarLevant]

Bearing in mind that under oath, Conehead has lied.

He lied about Trump to protect him.


Then Trump threw him under the bus.


Cohen was charged and is serving time in jail partly for lying to congress.

Therefore, there is a much greater incentive now that he would not lie again about Trump, lest he get a longer sentence.

Because of this, I find his statements now more credible.

 

[OscarLevant]

Not sure what took Neal so long, but okey doke.

Next comes the subpoena, then the months-long court battle, then Nadler most likely wins.

What subpoena? The law is clear on this, the IRS must comply with any request for tax returns requested by the Ways and Means committee.

So, Why would there be a court battle if there is no subpoena?

There wasn't for Nixon, Rockerfeller, and Agnew, whose taxes were provided to congress under the same statute.

 

[Cardinal]

What subpoena? The law is clear on this, the IRS must comply with any request for tax returns requested by the Ways and Means committee.

So, Why would there be a court battle if there is no subpoena?

There wasn't for Nixon, Rockerfeller, and Agnew, whose taxes were provided to congress under the same statute.

Different times, different worlds.

Let me put it this way: if you've schedule a "We get to see Trump's tax returns" party next week, cancel it.

 

[joko104]

Few people understand the difference between personal income - which will appear on tax returns - with dividends, commissions and/or wages a person receives from any company they own some interest in. Nothing of Trump's actual worth appears in tax returns - nor is there any basis to obtain the tax returns and records of the corporations of which President Trump is only one of many stockholders.

Any company act was company action, not action by Trump himself nor would show up on Trump's tax return - nor will tax returns show his wealth or lack of it. I suspect even if Trump had engaged in illegal actions having some relation to income filing with the IRS, it would be hidden by the corporate shield.

 

[joko104]

What subpoena? The law is clear on this, the IRS must comply with any request for tax returns requested by the Ways and Means committee.

So, Why would there be a court battle if there is no subpoena?

There wasn't for Nixon, Rockerfeller, and Agnew, whose taxes were provided to congress under the same statute.

Except wasn't the subpoena be to the President or VP, not directly to the IRS?

 

[Fruityfact]

I think there is something to find or he wouldn't have resisted all efforts to see them. It will be sweat when we learn that he wasn't being audited in 2016 and that was all a sleazy lie.

We may also find out that he is indebted to foreigners, which then asks whether U.S. foreign policy is influenced by his creditors.

We'll see. There certainly isn't nothing, even his most loyal followers on here know that, despite their pathetic cries.

 

[Individual]

I'm just wondering what would/will come next if Trump's tax returns fail to produce the results the Democrat's are trying to achieve?

 

[marke]

[h=1]Democrats Formally Seek Six Years of Trump Tax Returns From IRS[/h]https://www.bloomberg.com/news/articles/2019-04-03/democrats-formally-seek-six-years-of-trump-tax-returns-from-irs via @bpolitics


House Democrats on Wednesday formally demanded that the IRS turn over six years of personal and business tax returns for President Donald Trump, setting the stage for a clash with the White House and in the courts.
Ways and Means Chairman Richard Neal sent a letter to Internal Revenue Service Commissioner Charles Rettig, citing Congress’s oversight responsibility to review the president’s business activities before and during his first term.

“We must obtain President Trump’s tax returns and review whether the IRS is carrying out its responsibilities,” Neal said. “The committee has a duty to examine whether congressional action may be needed to require such audits, and to oversee that they are conducted properly.”
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(mine)

Six years of tax returns are being requested, even though tax returns are subject to IRS audit going back ten years in time, six years is the statute of limitations for criminally filing a false income tax return. There is no subpoena necessary issued to IRS for this information. According to the testimony given by Michael Cohen in February, Trump's taxes were not under audit as he said they were. This was the argument he had given for not releasing his tax returns.

Trump should talk with them and simply tell them GO TO HELL!

 

[PLizzy]

He’s still claiming he’s under audit!! Bahaha


Sent from my iPhone using Tapatalk

He's not under an audit, that's an obvious lie, because he could easily produce the IRS letter to prove the media wrong.

No, he wants to keep his tax returns a secret for the same reason Manafort, Gates, and Cohen did: fraud. I'm sure when people compare his financial information to his tax returns, there's all kinds of undisclosed income and fraudulent deductions, of which he'll have a nightmare of a time explaining.

That's why it's so important to get both his banking records and the returns, and compare the two.

 

[OscarLevant]

Except wasn't the subpoena be to the President or VP, not directly to the IRS?

There is no subpoena on Trump's taxes. The House Ways and Means committee do not need to subpoena, the law allows them to request it, and teh wording of the law is "....shall...." ( as in 'must' )and to date, as with prior presidents and vice presidents, ( specifically Nixon, Rockerfeller & Agnew ) the IRS has fulfilled that request and supplied their taxes to congress.

It is the law, ( enacted back in the 20s ) they must comply.

 

[OscarLevant]

I think those Dems might have a hard time justifying getting returns for years prior to Trump becoming President. They don't have oversight responsibilities over private citizens.

Indeed they do. The law just says "taxpayer" and Trump is a taxpayer.

26 U.S. Code § 6103

(f) Disclosure to Committees of Congress
(1) Committee on Ways and Means, Committee on Finance, and Joint Committee on Taxation
Upon written request from the chairman of the Committee on Ways and Means of the House of Representatives, the chairman of the Committee on Finance of the Senate, or the chairman of the Joint Committee on Taxation, the Secretary shall furnish such committee with any return or return information specified in such request, except that any return or return information which can be associated with, or otherwise identify, directly or indirectly, a particular taxpayer shall be furnished to such committee only when sitting in closed executive session unless such taxpayer otherwise consents in writing to such disclosure.

"Shall" means "must" in legalese.