House Democrat, treasury chief bicker over Trump tax returns

House Democrat, treasury chief bicker over Trump tax returns

House Democrat, treasury chief bicker over Trump tax returns

U.S. congressional Democrats have given the Internal Revenue Service (IRS) a final deadline of April 23 to hand over President Donald Trump's tax returns.

"I am aware that concerns have been raised regarding my request and the authority of the Committee".

Federal law gives the chairmen of House Ways and Means, Senate Finance Committee and the Joint Committee on Taxation the power to request the returns of any taxpayer, although some legal scholars believe the request needs a legitimate legislative objective, which Democrats say they have met.

The increasingly embattled United States president has claimed through spokespeople and through his own tweets that his tax returns can not be released because they are "under audit", although no such legal stipulation exists, according to USA tax law, cited by multiple sources. The letter comes after Treasury Secretary Steven Mnuchin informed the Committee he would not be able to review the Committee's request for President Donald Trump's tax returns by the April 10th deadline. Neal asked for Trump's returns a week ago.

Neal tells IRS Commissioner Charles Rettig, a Trump appointee, that he has two weeks to respond.

Calling Neal's new deadline an "arbitrary" date, Mnuchin said the Democrats' request could set "enormous precedent in potentially weaponizing the IRS".

According to the National Conference of State Legislatures, Illinois is one of 18 states nationwide considering legislation on Trump's tax returns, which also includes New York, Colorado and Washington. Cohen said the president feared that releasing his returns could lead to an audit and IRS tax penalties.

Members of the Trump administration, including acting White House Chief of Staff Mick Mulvaney, and their allies have called the request a political attack and a violation of Trump's privacy.

Mnuchin took issue with Neal's characterization of the dispute as a straightforward issue in light of the law governing the matter.

Mnuchin said that Treasury Department lawyers have been working "diligently" to research the issues involved and have been in contact with Justice Department attorneys.

"Together, we are going to make sure that does not happen again", Sanders said to cheers. If Rettig fails to do so, Neal said he will interpret as denying the request, which could pave the way for a court battle.

"Concerns about what the Committee may do with the tax returns and return information are baseless".

Every US presidential candidate since 1976 has released their tax returns, but there is no law requiring it. Democrats claim the request is both legal and necessary.

On Saturday, Neal said the administration has no right "to question or second guess" his motivations.

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