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Democrats want to use obscure law to grab Donald Trump's tax returns
NBC "News" ^ | December 20, 2018 | By Ken Dilanian (D-NBC)

Posted on 12/21/2018 6:54:11 AM PST by Oldeconomybuyer

Soon after the Democrats take control of the House next year, Rep. Richard Neal, who will be the chairman of the House Ways and Means Committee, expects to send a letter to Treasury Secretary Steve Mnuchin requesting copies of Donald Trump's returns.

He doesn't expect to get them.

At least, not right away.

A 1924 federal law - 26 U.S. Code § 6103 - mandates that the Treasury secretary "shall furnish" the tax returns of any individual for private review by the chairmen of the House and Senate tax committees. Committee sources could find no evidence that it had ever been used to obtain somebody's tax return.

But they say the law, which was passed to monitor conflicts of interest in the executive branch, is clear.

Neal, of Springfield, Massachusetts, has said he intends to use the law to seek Trump's tax returns, because he believes it's wrong that Trump is the first president in 40 years not to have made his returns public.

If and when he does get them, Neal and the Democrats plan to make the returns public, Congressional sources told NBC News. They believe they can do so by committee vote in a closed session.

(Excerpt) Read more at nbcnews.com ...


TOPICS: Constitution/Conservatism; Government; News/Current Events; Politics/Elections
KEYWORDS: 116th; democrats; dncstrategy; election2016; mnuchin; richardneal; tax; trump
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To: Oldeconomybuyer
"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."

Sounds like they are expected to keep this info to themselves. Riiiiiiight.

21 posted on 12/21/2018 9:06:47 AM PST by Riflema
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To: Oldeconomybuyer

How about Al Sharpton’s tax returns? Oh, that’s right....


22 posted on 12/21/2018 9:08:02 AM PST by Old Yeller (Auto-correct has become my worst enema.)
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To: Dahoser

Read on, FRiend


23 posted on 12/21/2018 9:11:38 AM PST by Riflema
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To: pepsionice

IIRC, Trump sat at a table in April 2017, and was photographed & videoed signing his ‘tax returns.

There was a stack at least 3000 pages tall on his left side.

Trump entities have been audited by the IRS for years...every year.

There is NOT a single member of Congress who can determine if the IRS missed something.

The flip side of this is: How about every member of Congress bringing forth their tax returns? Especially Pelosi-—Feinstein-—Reid-—Ryan-—Dingle-—Sharpton-—ETC. Sharpton owes back taxes.

How about getting into Bezo’s returns? Zukerberg? Gates? Warren Buffett owes million to the IRS going back years. He just keeps paying lawyers to fight the IRS.

NO ONE should have the right to see someone else’s tax returns.


24 posted on 12/21/2018 9:18:21 AM PST by ridesthemiles
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To: pepsionice

IIRC, Trump sat at a table in April 2017, and was photographed & videoed signing his ‘tax returns.

There was a stack at least 3000 pages tall on his left side.

Trump entities have been audited by the IRS for years...every year.

There is NOT a single member of Congress who can determine if the IRS missed something.

The flip side of this is: How about every member of Congress bringing forth their tax returns? Especially Pelosi-—Feinstein-—Reid-—Ryan-—Dingle-—Sharpton-—ETC. Sharpton owes back taxes.

How about getting into Bezo’s returns? Zukerberg? Gates? Warren Buffett owes million to the IRS going back years. He just keeps paying lawyers to fight the IRS.

NO ONE should have the right to see someone else’s tax returns.

HOW ABOUT SOROS???


25 posted on 12/21/2018 9:18:56 AM PST by ridesthemiles
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To: ridesthemiles

Oh I think you are correct...if they request just one single year, and the Treasury Secretary limits it to the head of the committee...even if he was a registered CPA, it’d take at least three months to analyze one single year’s return. But to then compare it against the previous year or try to put five of these returns into some analytical project...you’d be talking about two years of work to reach some conclusion.

Like you say....if his goes that way...all of them should put their returns on the table. I wouldn’t have a problem in mandating that one year after they turn in a return....it has to be made public knowledge.


26 posted on 12/21/2018 9:38:21 AM PST by pepsionice
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To: Stevenc131
Problem for Dems, Republicans can request Pelosi and Schumer’s tax returns also.

You're assuming there's any testicular fortitude in the Republican Party.

27 posted on 12/21/2018 9:38:39 AM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Red Badger

There is no provision in the Constitution that requires the President to provide copies of his tax returns.


28 posted on 12/21/2018 10:05:33 AM PST by WASCWatch
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To: WASCWatch

I would remind Dems, “What goes around, comes around.”....................


29 posted on 12/21/2018 10:13:37 AM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: WASCWatch
A 1924 federal law - 26 U.S. Code § 6103 - mandates that the Treasury secretary "shall furnish" the tax returns of any individual for private review by the chairmen of the House and Senate tax committees.
30 posted on 12/21/2018 10:14:32 AM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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