POLL: Should President Trump release his tax returns?
Democrats have not given up on obtaining President Trump’s tax returns, and have now resorted to new tactics in an effort to force the president’s information to be turn over, whether he approves it or not.
Legally, presidential candidates are not required to release their personal tax returns, but every major party nominee has done so out of courtesy, until Donald Trump refused to do so.
Last week, the Democrat-controlled House Ways and Means Committee demanded the president’s personal tax information dating back to 2013. They used a little-known, hundred-year-old law which requires the U.S. Treasury Secretary to “furnish such committee with any return or return information specified in such request.”
As Democrats grilled Treasury Secretary Steven Mnuchin on Tuesday, he defended President Trump’s decision to not release the information.
Meanwhile, New York state lawmakers are trying another tactic. They will be introducing a bill that would permit the commissioner of the New York Department of Taxation and Finance to release any state tax return requested by leaders of three congressional committees for any “specific and legitimate legislative purpose.”
The matter is expected to end up in a legal battle.
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