If Dems Have Their Way, Tax Day is Coming for President Trump 📈
House Dems formally request Trump’s tax returns
Yesterday, Rep. Richard Neal (D-MA) asked the IRS to provide his committee with 6 years of President Trump’s personal and business tax returns. Using a nearly 100-year-old provision in the tax code, Neal gave the IRS until 4/10 to comply with his request.
A legal battle is likely to come
Trump has so far bucked tradition by not released his tax returns - claiming that an ongoing audit precludes him from doing so - and Dems have long sought their release. In response to the request, Trump signaled he would not cooperate and prominent Republicans have spoken out in support of the President - which means the matter will likely end up in the courts.
Washington Examiner: Congressional Democrats demand Trump's tax returns
Washington Times: Democrats officially demand IRS turn over Trump tax returns
The right sees this request as a politically motivated abuse of power on the part of House Democrats. Articles from the left quote responses from prominent Republicans, including Chuck Grassley who said: "Those seeking an individual’s personal tax returns to exact political damage would be opening the door to future abuses of power and would poison the public trust."
Common Dreams: Democrats: stop being babies and get Trump's tax returns
The left sees this request as an appropriate tactic to fulfill Congress’s obligation to oversee and check the president. Articles from the left focus on the clarity of the law that allows the House Ways and Means Committee to request an individual’s tax returns (i.e., if the committee makes a request, the treasury secretary "shall furnish such committee with any return or return information specified in such request”).
Where's the common ground?
The right and the left differ greatly on this highly political issue. Both sides seem to agree, however, that public release of President Trump’s tax returns will likely harm his chances of being reelected – or at least jeopardize his political standing in some way. Both sides also anticipate a lengthy court battle before this matter is settled; no one thinks the tax returns will just be handed over without a fight.
In a shocking turn of events, people don't agree over Trump's taxes
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