Tag Archives: House Ways and Means

SCOTUS clears way for Trump tax return

How does the saying go? Oh, I know: Inquiring minds want to know … actually those inquiring minds need to know and have a right to know.

Know what? They have a right to know how much a former president of the United States paid in taxes. They have the right to know how much he gave to charity. They are entitled to know the nature of his business dealings. They also have a right to know whether Donald J. Trump is as wealthy as he claimed to be while running for POTUS in 2016.

The U.S. Supreme Court has cleared the way for the U.S. House Ways and Means Committee to get its hands on Trump’s tax returns. The court didn’t disclose any details of its decision or reveal how the justices voted on it. Now, that begs the question: Does that mean you and I will see them? Not right away.

However, given the sieve quality of Congress, my guess is that we’ll get a peek at them in due course. Maybe soon.

Why is this a big deal? It’s a big deal because Donald Trump made it a big deal in 2015 when he announced his intention to seek the presidency. He rode down the Trump Tower escalator and said, among many things, that he would release the returns as other candidates have done.

Then he backed off. Then he said he would release them when the Internal Revenue Service completed its audit of the returns. We never learned whether the IRS was actually auditing them; Trump never produced any evidence of an audit. The IRS said it couldn’t confirm an audit but said that an audit didn’t preclude someone from releasing the returns.

Then he balked again. He’s been fighting release of the returns ever since.

Many of us want to see the returns. We are entitled to see them. The man worked for us. Trump was our “employee” for four years.

He wants to run for POTUS again. He likely will bellow, blather and boast more about his wealth. I long have known that the truly wealthy among us don’t brag about it. Thus, I am suspicious of Trump’s dubious claims of fabulous wealth.

Let us see for ourselves.

johnkanelis_92@hotmail.com

Tax returns? Give ’em up, Mr. POTUS

U.S. House Ways and Means Committee Chairman Richard Neal has the law on his side, or so it would appear.

The Massachusetts Democrat is using his power as a congressional committee chairman to get his hands on Donald Trump’s tax returns. He is citing a statute that requires the Internal Revenue Service to hand over any request that comes from Congress.

The president’s lawyers say the chairman is overstepping his bounds.

C’mon. Let’s settle this thing.

Turn them over

Donald Trump has pledged to turn over the returns once the IRS completed a “routine audit.” That audit was under way in 2015. It takes three years to conduct a routine audit? I do no think so, no matter how “big” the numbers are that Trump has suggested.

It has been matter of political custom — not the law — for presidents to release their tax returns, to open them up for public review. The custom began in 1976 after the Watergate scandal had driven President Nixon from office.

We needed to know then — and we do today — how our presidents earn their income, to whom they might be indebted, and whether they are paying their fair share of taxes. They are, after all, demanding — along with Congress — that the rest of us pay our fair share.

I’m going to set aside for the purposes of this post any discussion of The Russia Thing.

I want to know all I deserve to know — which I happen to believe is a lot — about the president’s fortune. How he amassed it. I want to know whether he skirted federal tax law. I want to know about his debt obligations; after all, Trump said he is “the king of debt.”

None of this should be kept secret from the nation he was elected to lead. Donald Trump, though, is now going back on his pledge to release those returns. He has unleashed his legal team to fight Chairman Neal’s request for the returns.

If the president has nothing to hide — which he has declared many times — then he should have no difficulty showing us what those returns contain. Isn’t that what clean-as-a-whistle politicians do?

Listen up, IRS: Release POTUS’s tax returns!

House Ways and Means Committee Democrats have thrown down on Donald Trump.

The panel has voted to demand the Internal Revenue Service to release six years’ worth of the president’s tax returns. They have laid down an April 10 deadline; hmm, let’s see — that’s next Tuesday!

Some of us have been yammering and yapping about the tax returns from the moment Trump declared his presidential candidacy. This was before Robert Mueller joined the hunt over “collusion” and other matters involving Russia.

Presidential candidates have been releasing those returns since 1976. Donald Trump has refused. He cited an IRS audit. The IRS has no prohibition against releasing returns while it’s conducting an audit. For his part, Trump has never provided a shred of evidence that the IRS is even auditing his returns; he expects us to take his word for it.

He did pledge to release them while he was running for president. Then again, any pledge that comes from this individual is utterly worthless.

My concern about presidential tax returns deals with the role any president plays in setting tax rates the rest of us have to pay. Accordingly, we need to see those returns to assess for ourselves whether any presidential candidate is paying his or her fair share of taxes, that he or she is doing what we are being asked to do.

That’s only fair. And reasonable. And normal.

The Russia connection makes the tax returns even more titillating, presuming there’s anything to titillate us.

All that Russia stuff aside, we deserve to see the president’s tax returns.