2020 Election

Treasury Secretary Steve Mnuchin Refuses To Release Trump Tax Returns – Again

Treasury Secretary Steven Mnuchin has once again refused to release President Donald Trump‘s tax returns to House Democrats. He has argued that their stated legislative purposes hides their real intent which is to expose the president’s personal and business financial records to the public. This is the second time Mnuchin has refused a congressional order to turn over Trump’s tax records.

House Ways and Means Committee Chairman Richard Neal (D-Mass.) met with Mnuchin to request tax returns, but Mnuchin only responded by saying he would give a final response by May 6, when the Justice Department is expected to have completed its review of the request.

In an open letter on Tuesday, Mnuchin request raised “serious constitutional questions” and that his department continued to consult with the Justice Department.

In the letter, Mnuchin says Neal’s request is just “the culmination of a long-running, well-documented effort to expose the president’s tax returns for the sake of exposure.”

Subscribe to our free weekly newsletter!

A week of political news in your in-box.
We find the news you need to know, so you don't have to.

The Trump Administration claims that asking for the returns is an illegal violation of Trump’s privacy. But Democrats claim the law is on their side. House leaders are employing a portion of the tax code that grants tax-writing congressional committees the power to request tax information on any filer. They say they need to know if Trump’s business interests are influencing his decisions as president.

Democrats want to see is if Trump benefited from his 2017 tax overhaul, to see if he has ties to foreign businesses and whether he cheated on his taxes.

But Mnuchin isn’t buying it. He noted that House Democrats believe they “need simply recite a legislative purpose, after which the department must ignore all evidence in the public record, however overwhelming, that the asserted purpose is pretext for a constitutionally suspect one.”

One of Trump’s attorneys William Consovoy has argued that Neal’s request doesn’t have a legitimate purpose and flouts fundamental constitutional constraints.

ReaganBabione

Recent Posts

Trump Furious At Biden’s Decision To Commute Death Row Inmates’ Sentences To Life In Prison

On Tuesday, President-elect Donald Trump blasted President Joe Biden for his decision to commute 37…

5 hours ago

House Ethics Committee Report Says Ex-GOP Rep. Matt Gaetz Paid For Sex & Used Drugs While In Congress

A report from the House Ethics Committee revealed that former Rep. Matt Gaetz (R-Florida) committed…

2 days ago

Ex-Rep. Liz Cheney Calls Trump ‘Cruel & Vindictive’ After GOP Panel Calls For Her To Be Investigated By FBI

A report released by House Republicans suggested that former Rep. Liz Cheney (R-Wyoming) should be…

2 days ago

After Biden Commutes Sentences Of 1,500 People, GOP Critics Call It A Ploy To Deflect From Pardon Of Son Hunter

Last week, President Joe Biden announced that he would pardon 39 people and commute the prison sentences…

4 days ago

GOP Rep. Chip Roy Rants Against His Own Party For Backing Debt-Raising Bill, Trump Calls For A Primary Opponent Against Him

Rep. Chip Roy (R-Texas) condemned his fellow Republican lawmakers during a rant on the House floor after…

4 days ago

VIDEO: Rep Mike Waltz Does 44 Pushups After Army’s 31-13 Loss Against Navy in Annual Football Match

https://www.youtube.com/shorts/_kYWlyzuiMk Rep. Mike Waltz did 44 pushups to honor a bet after the Army football…

5 days ago