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 ...
“Executive Privilege”.
That door swings 2 ways.
He believes?....There is no law mandating that he do so...................
“Private review” is the key term. I’m guessing that the Treasury Secretary can easily comply by having the document at a Treasury vault area, and the Chairman (by himself) can walk in and observe it. Since the chairman is not an accomplished finance expert....he’ll have no idea what he is looking at or the details. So the battle will start that he wants copies or to have his own experts to review it. But the law doesn’t give that ‘right’.
Let’s start with total transparency on all elected Democrats, their staffers, their handlers, backers, grift controllers, and foreign interests.
Then we’ll talk Trump.
You’d think we might be able to get some transparency first on how the Deepstate tried (is trying) to sabotage an elected President.
Releasing an individual’s tax return to the public is against the law. President Trump should release his tax returns AFTER every member of Congress does so. After all, they are governed by the same 1924 law, aren’t they?
““Private review” is the key term. I’m guessing that the Treasury Secretary can easily comply by having the document at a Treasury vault area, and the Chairman (by himself) can walk in and observe it.”
They should make him go in butt naked given what Sandy Berger did.
Wonder what good this will do the rats in 2025 or after, when our President has finished his 2nd term, and this case may or may not finally get to the Supreme Court.
Didn’t Madcow get the scoop on all this about a year ago?
Sharing tax returns is a scam created by democrats to try to paint republicans as being rich elitists. The only thing that has ever been learned from this ruse is that Hillary Clinton made the taxpayers give her credit for her husband’s used underwear.
We might as well investigate health records too. Because HIPAA doesn’t mean sh!t to these tyrants.
> Since the chairman is not an accomplished finance expert....he’ll have no idea what he is looking at or the details. <
But that won’t stop him (the House Democrat Chair) from making all sorts of wild claims. “Yes, Ms. Maddow, I carefully went over his entire return. And it sure looked to me like Trump was receiving payoffs from a foreign source.”
this is not a given. We’ll have to fight pretty hard for it. Trump has to go along with the plan too.
It’s legal, the law says Congress can get any persons tax returns. Problem for Dems, Republicans can request Pelosi and Schumer’s tax returns also.
Didn’t the IRS recently deny a Dem (this same one? IDK)copies of Trump’s personal returns? I believe the basis was that all returns are private. The taxpayer may release them. No one else.
I was thinking about that but do we really believe a high-ranking Democrat has filed an honest and accurate return? Outside of donated underwear the Clintons looked like clean model citizens.
Probably time for the Administration to release all the names of those in congress accused of sexual abuse to the public, cut funding and use it to promote awareness.
Then demand that everyone who tapped into this fund resign immediately.
They most certainly cannot do so. It's clearly in the statute.
https://www.law.cornell.edu/uscode/text/26/6103
26 U.S. Code § 6103 - Confidentiality and disclosure of returns and return information
(a) GENERAL RULE Returns and return information shall be confidential, and except as authorized by this title—
(1) no officer or employee of the United States,
(2) no officer or employee of any State, any local law enforcement agency receiving information under subsection (i)(1)(C) or (7)(A), any local child support enforcement agency, or any local agency administering a program listed in subsection (l)(7)(D) who has or had access to returns or return information under this section or section 6104(c), and
(3) no other person (or officer or employee thereof) who has or had access to returns or return information under subsection (e)(1)(D)(iii), subsection (k)(10), paragraph (6), (10), (12), (16), (19), (20), or (21) of subsection (l), paragraph (2) or (4)(B) of subsection (m), or subsection (n),
shall disclose any return or return information obtained by him in any manner in connection with his service as such an officer or an employee or otherwise or under the provisions of this section. For purposes of this subsection, the term “officer or employee” includes a former officer or employee.
Pelosi, Shummer, AND Mad Max first!!
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