Politics Trump's tax returns can be released to Congress, Justice Department says
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WASHINGTON – The Treasury Department can release former President Donald Trump's tax returns to Congress, the Justice Department said Friday, reversing its earlier position that lawmakers lacked a legitimate legislative purpose when they requested the documents two years ago.
Trump, who broke years of precedent by refusing to make his tax returns public, has successfully kept his financial records from lawmakers. But afrom the Justice Department's Office of Legal Counsel said the House Ways and Means Committee, which asked the Internal Revenue Service for Trump's tax returns in 2019, has "invoked sufficient reasons" for its request.
Lawmakers can't reconcile weakening the SALT cap with progressive goals
Any effort to weaken or repeal the cap would simply be a pointless giveaway to the rich. Democrats should reject this regressive tax cut that would draw critical resources away from needed public investments. "No SALT, no deal," said Reps. Josh Gottheimer (D-N.J.), Bill Pascrell (D-N.J.) and Tom Suozzi (D-N.Y.), who are just some of the lawmakers demanding that Congress repeal or weaken the SALT cap in their reconciliation bill, the legislative vehicle that will let Democrats pass their budget agreement without any Republican votes.
The legal memo also said the committee has special access to tax information because of its role overseeing the national tax system.
"Even if some individual members of Congress hope to see information from the former President’s tax returns disclosed on the public record merely 'for the sake of exposure,' ... that would not invalidate the legitimate objectives that the Committee’s receipt of the information in question could serve," according to the memo.
United States: Donald Trump's tax returns must be transmitted to Congress
© LM OTero, AP former President Donald Trump at the Conservative Political Action Conference in Dallas, Texas, July 11, 2021 . The tax returns of former President Donald Trump, who has always refused to make them public, must be forwarded to a Congress Commission, ordered the US Department of Justice on Friday.
The issue is the subject of a pending lawsuit in federal court in Washington, D.C. It's unclear if Trump's legal team plans to challenge the memo. Court filings show Trump will receive a 72-hour notice before his financial records are turned over to Congress.
Trump's attorneys did not immediately respond to a request for comment Friday.
"Access to former President Trump’s tax returns is a matter of national security. The American people deserve to know the facts of his troubling conflicts of interest and undermining of our security and democracy as president," House Speaker Nancy Pelosi said in a statement.
This story will be updated.
This article originally appeared on USA TODAY:
Trump will fight tax return release to Congress .
Former President Donald Trump will fight any move the Treasury Department makes to turn his tax returns over to Congress, The Wall Street Journal reported Monday .'There is no evidence of any wrongdoing here and I object to the release of the returns not only on behalf of my client but on behalf of all future holders of the office of the president of the United States,' Trump's lawyer Ronald Fischetti told the paper.