House Ways and Means Committee demands Trump’s tax returns

House Ways and Means Committee demands Trump’s tax returns

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From left, representatives Richard Neal (D-Mass.), Brad Schneider (D-Ill.), Betty McCollum(D-Minn. and, Nancy Pelosi (D-Calif.) held a news conference on Thursday to discuss the GOP tax-reform proposal that would raise the deficit by $1.5 trillion. (Anthony Jackson/TMN) Intern

On the Hill with Doug Christian

CAPITOL HILL – The Chairman of the House Ways and Means Committee, Richard Neal (D-Mass.), has written to the Commissioner of the Internal Revenue Service, Charles Rettig, demanding six years of President Donald Trump’s tax returns.

Chairman Neal writes, “Pursuant to my authority under Internal Revenue Code section 6103(f), for each of the tax years 2013 through 2018, I request the following return and return information”, including the returns and accompanying documents for:

  • The Federal individual income tax returns of Donald J. Trump
  • The Donald J. Trump Revocable Trust;
  • DJT Holdings LLC;
  • DJT Holdings Managing Member LLC;
  • DTTM Operations LLC;
  • DTTM Operations Managing Member Corp;
  • LFB Acquisition Member Corp;
  • LFB Acquisition LLC; and
  • Lamington Farm Club, LLC d/b/a Trump National Gold Club – Bedminster

Chairman Neal’s request is not a subpoena, as IRS section 6103(f) explicitly allows the chairman of the House Ways and Means Committee and the Senate Finance Committee to view a president’s tax returns. Section 6103(f) stems from a bribery inquiry over the Teapot Dome oil fields in Wyoming that touched on President Warren G. Harding. Harding never got to enjoy the benefits of his alleged ill-gotten gains, as he died unexpectedly in 1923. In 1924, IRS section 6103(f) was ratified to curb future presidential corruption with strong legislative oversight authority.

In that tradition, Chairman Neal issues a statement saying in part:

“It is critical to ensure the accountability of our government and elected officials. To maintain trust in our democracy, the American people must be assured that their government is operating properly, as laws intend.”

Doug Christian, Capitol Hill

 

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