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riversedge

(70,092 posts)
Sat Feb 11, 2017, 06:52 PM Feb 2017

Congressman: Rarely used law could make Trump tax returns public

Source: usaToday








Herb Jackson, The (Bergen County, N.J.) Record Published 1:44 p.m. ET Feb. 11, 2017 | Updated 50 minutes ago


..................

A New Jersey congressman says a rarely invoked 1924 law could be used to examine President Donald Trump's tax returns for possible conflicts of interest and Constitutional violations.

Rep. Bill Pascrell, a Democrat who serves on the Ways and Means Committee, has asked the committee’s chairman, Rep. Kevin Brady of Texas, to order the Treasury Department to provide tax returns to the committee. Brady's office did not respond to a request for comment Friday.

After privately examining returns — Pascrell is seeking 10 years' worth — the committee could decide to share them with the full House, which would in effect make them public. The 1924 law gives congressional committees that set tax policy the power to examine tax returns. It was used in 1974 when Congress looked at President Richard Nixon's returns, and in 2014 when the Ways and Means Committee released confidential tax information as part of its investigation into the Internal Revenue Service's handling of applications for nonprofit status.

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.........................The letter asked Brady to reply by Wednesday.

“If I get a ‘no’ answer on this, I’ll be very honest with you: If these guys think I’m walking away from this, they’re absolutely nuts," Pascrell said. "The calls we’re getting, the calls other congressmen are getting, it’s unbelievable, we never expected this.”...........


Read more: http://www.usatoday.com/story/news/politics/2017/02/11/congressman-rarely-used-law-could-make-trump-tax-returns-public/97788564/?utm_source=dlvr.it&utm_medium=twitter

21 replies = new reply since forum marked as read
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Congressman: Rarely used law could make Trump tax returns public (Original Post) riversedge Feb 2017 OP
K & R!!!!!!!!!! 50 Shades Of Blue Feb 2017 #1
This is getting very Interesting! Wellstone ruled Feb 2017 #2
Nixon owed $500,000 in back taxes and interest when he got reviewed mpcamb Feb 2017 #12
There are members of the Wellstone ruled Feb 2017 #13
So all he has to do now... FBaggins Feb 2017 #3
True its a long shot but if they deny it then the Dems need to fucking hammer them cstanleytech Feb 2017 #4
Exactly this Kimchijeon Feb 2017 #18
Tax returns don't show net worth. scscholar Feb 2017 #5
Well since he wont release them voluntarily they must have something in them that cstanleytech Feb 2017 #7
Knowing Drumpf's actual net worth.... Wuddles440 Feb 2017 #8
The whole Trump Empire edifice is about to come crumbling down on the Mad King's misbegotten head Hekate Feb 2017 #6
This needs to be made super public ProudLib72 Feb 2017 #9
Do it! Marcuse Feb 2017 #10
I hope they do it shenmue Feb 2017 #11
The GOP could find Trump neck-deep in Russian money and prostitutes, and still not move on it. tenorly Feb 2017 #15
I hope this works. Equinox Moon Feb 2017 #14
It's so easy. Why didn't we do this before? briv1016 Feb 2017 #16
Go Bill! pat_k Feb 2017 #17
The Repubs are in control of the House and the Committees. Honeycombe8 Feb 2017 #19
Please make it happen. sarcasmo Feb 2017 #20
Sure hope so Yo_Mama_Been_Loggin Feb 2017 #21
 

Wellstone ruled

(34,661 posts)
2. This is getting very Interesting!
Sat Feb 11, 2017, 07:22 PM
Feb 2017

Watch for a Tweet from the Dolt,he already is name calling and that is going to be his major down fall.

mpcamb

(2,868 posts)
12. Nixon owed $500,000 in back taxes and interest when he got reviewed
Sat Feb 11, 2017, 10:26 PM
Feb 2017

There was evidence that Nixon had paid taxes of only $792.81 in 1970 and $878.03 in 1971, despite having income exceeding $400,000.

By donating his papers with a backdated deed, Nixon had slashed his tax bill drastically. He paid the equivalent of a family of three earning about $8,000 in 1970 dollars.

This is an issue we should press and keep pressing.

What Trump is doing by not having a blind trust is so clearly illegal.
And his public holdings are the definition of conflict of interest.

 

Wellstone ruled

(34,661 posts)
13. There are members of the
Sat Feb 11, 2017, 10:58 PM
Feb 2017

DOJ that still remember the Nixon Tricks and they know what to look for. This Dufus will get his do.

FBaggins

(26,721 posts)
3. So all he has to do now...
Sat Feb 11, 2017, 07:28 PM
Feb 2017

... is convince the Republican-controlled committee to vote for it?

Oh... is that's all.

cstanleytech

(26,244 posts)
4. True its a long shot but if they deny it then the Dems need to fucking hammer them
Sat Feb 11, 2017, 07:45 PM
Feb 2017

big time on it for the next 4+ years as proof of Repugnant corruption.

cstanleytech

(26,244 posts)
7. Well since he wont release them voluntarily they must have something in them that
Sat Feb 11, 2017, 08:57 PM
Feb 2017

he doesnt want the public to see.

Wuddles440

(1,120 posts)
8. Knowing Drumpf's actual net worth....
Sat Feb 11, 2017, 08:59 PM
Feb 2017

is not nearly significant as items that his returns should evidence such as: yearly income, investments, foreign bank accounts, indebtedness, charitable contributions, and tax liability. Such an action could also confirm if any of his more recent filings (past 3 years) are actually being audited (doubtful).

ProudLib72

(17,984 posts)
9. This needs to be made super public
Sat Feb 11, 2017, 09:29 PM
Feb 2017

so that when he says NO, the tides of protesters will surge around his house and make him miserable until he says YES. I am convinced now that is the only way to achieve anything in our government: protest and be a total pain in the ass of the repukes.

tenorly

(2,037 posts)
15. The GOP could find Trump neck-deep in Russian money and prostitutes, and still not move on it.
Sat Feb 11, 2017, 11:56 PM
Feb 2017

So much for 'country first'.

Equinox Moon

(6,344 posts)
14. I hope this works.
Sat Feb 11, 2017, 11:04 PM
Feb 2017

We all suspect there is deep corruption. If he and his minions are indicted, Pence will pardon them.

briv1016

(1,570 posts)
16. It's so easy. Why didn't we do this before?
Sun Feb 12, 2017, 02:13 AM
Feb 2017

We just need 24 Republican representatives who are up for re-election next year to commit political suicide out of the goodness of their hearts. Piece a cake.

https://en.wikipedia.org/wiki/United_States_House_Committee_on_Ways_and_Means#Members.2C_115th_Congress

Honeycombe8

(37,648 posts)
19. The Repubs are in control of the House and the Committees.
Sun Feb 12, 2017, 12:32 PM
Feb 2017

It's good to know this could be done, but in reality, the House and its committees are in control of the Republicans, so I don't see how this happens.

If there's a shift in power in the House, maybe it could happen.

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