Friday 22nd of November 2019

still under audit from the IRS...

tax trump

US Treasury Secretary Steven Mnuchin said Tuesday that he will give US House Committee on Ways and Means Chair Richard Neal a "final decision" on whether he'll release President Donald Trump's tax returns by 6 May, Reuters reports.

 


"Due to the serious constitutional questions raised by this request and the serious consequences that a resolution of those questions could have for taxpayer privacy," Mnuchin wrote in a letter, he expects to give Congress "a final decision by 6 May, after receiving the Justice Department's legal conclusions," according to WHIO radio station report.

Mnuchin, who labeled the Democrats' request for Trump's tax returns "unprecedented," ignored the Tuesday 5 p.m. deadline set by the lawmakers.

READ MORE: Mnuchin Tells US Lawmakers Time Needed to Provide Trump's Tax Returns — Reports

According to WHIO, Mnuchin's 10-page letter "certainly gives off the feeling that Mnuchin is in no mood" to provide Trump's tax returns to the Democrats. The letter section titled "Constitutional limits" states that "Congress's investigative power is not unlimited."

"Article I grants Congress no express power to investigate," Mnuchin wrote, referring to Article I of US Constitution which grants Congress various powers.

Neal has formally requested six years of Trump’s tax details from the Internal Revenue Service (IRS). Neal has also requested that the IRS provide tax records for several entities tied to the president, including Trump National Golf Club-Bedminster. The chairman has further requested information tied to any audits Trump or said entities may have undergone.

 

House Democrats have a number of ways to respond to the treasury secretary's letter, the Washington Post writes. Possible responses include sending a final written warning, issuing a subpoena for the tax records under a 1942 law "that appears to give [the lawmakers] access to virtually any tax return," or summoning top administration officials to the Capitol to testify.

Trump, who appears to be unwilling to release his tax records, claims he is currently under audit and will not release tax returns until the audit is complete.

 

Read more:

https://sputniknews.com/us/201904241074398418-mnuchin-final-decision-tru...

 

 

credible sources meet rigorous fact-checking...

tax

How Michael Cohen Turned Against President Trump - The New York Times...

 

https://www.nytimes.com/2019/04/21/us/politics/michael-cohen-trump.html

 

Apr 21, 2019 - The “booster” from Mr. Trump never arrived. And by August, Mr. Cohen's relationship with him had gone from fraught to hostile, casting a ... etc...

 

Then the NYT goes into the brick wall (Pay wall) with an unfortunate advert (for joining a special promotion which does not say it):

 

Where credible sources meet rigorous fact-checking.

You’ll find it in The New York Times.

Ends soon.

 

Oh boy... We all live on thin ice...

trump sues banks...

Donald Trump, three of his children and seven of his companies have filed a US federal lawsuit against Deutsche Bank and Capital One in bid to stop them complying with subpoenas investigating his financial dealings.

The lawsuit, filed late on Monday in a federal court in New York, states that demands for records by Democrat-controlled House committees have no legitimate or lawful purpose.

“The subpoenas were issued to harass President Donald J Trump, to rummage through every aspect of his personal finances, his businesses, and the private information of the president and his family,” the lawsuit said.

It also complains that the Democrats are hoping “they will stumble upon something they can expose publicly and use as a political tool against the president”.

Representative Maxine Waters, the chairwoman of the financial services committee, and Representative Adam Schiff, the chairman of the intelligence committee, both Democrats, called the lawsuit “meritless” in a joint statement, the New York Times and other media reported.

On April 15, two House committees issued subpoenas to multiple financial institutions for information on Trump’s finances. Both banks have been involved in Trump’s property empire.

 

 

Read more:

https://www.theguardian.com/us-news/2019/apr/30/trump-deutsche-bank-capi...

 

Smart move... This will prevent the banks from releasing information for a little while (about two years, after the next elections).

 

The Democrats are too smart for their own boots... They unfortunately succumb to crap tactics — and this is mostly due because they don't have anything to sell any more, except the same crap as Trump's.

lacking a legitimate legislative purpose...

  • Treasury Secretary Steven Mnuchin says he will not allow President Donald Trump’s tax returns to be released to Congress.
  • In a letter to House Ways and Means Committee Chairman Richard Neal, Mnuchin says that after conferring with the Justice Department, he has determined that the request “lacks a legitimate legislative purpose.”
  • House Democrats had hoped to obtain six years of Trump’s personal and business tax returns.
Read more:
https://www.cnbc.com/2019/05/06/mnuchin-says-he-wont-release-trumps-tax-...


We knew they would not be "released", didn't we?

presidential candidates to file tax returns???

US President Donald Trump and the Republican Party are suing California over recent legislation requiring presidential candidates to file tax returns in order to stand in primaries.

State Governor Gavin Newsom, a Democrat, signed the law last week.

In two lawsuits, the plaintiffs said it was unconstitutional as it added an extra requirement to run for president.

Mr Trump has refused to release his tax returns, saying that they are under audit.

California is the first state to succeed in passing such a law, though others under Democratic control have tried.

It would apply to ballots for primary elections but not the general election.

The state is involved in more than 40 lawsuits against the Trump White House on issues such as environmental regulation and immigration.

In the first lawsuit, the Republican National Committee said the law was "a naked political attack against the sitting president of the United States".

 

Read more:

https://www.bbc.com/news/world-us-canada-49257844

 

 

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