Trump’s Tax Returns Will be Topic of House Hearing Next Week
‘Broken promises’ and and ‘false hopes,’ can be how many Democrats describe the 2016 Trump campaign. Besides policy initiatives, like having Mexico pay for a wall, and straightening our healthcare in this country, Trump lied about a lot of things.
One of those things? That he’d release his tax returns, should he get elected to the highest office in the land.
Here we are 2 years later, and the President has still not released his tax returns as investigators continue to look into Trump and his campaign’s ties with Russian interests. If there was ever a need to see his tax returns, now would likely be that time.
Next week, Democrats may finally begin making progress, as on February 7, the House Ways and Means subcommittee on oversight is scheduled to discuss this very issue.
Chairman John Lewis has not gone into detail regarding the meeting, besides revealing its title, “Legislative Proposals and Tax Law Related to Presidential and Vice-Presidential Tax Returns,” and a list of witnesses.
Witnesses include tax analysts, ethics professionals and other tax professionals. Republicans may still add to the list of witnesses.
“We look forward to using this first hearing to discussing the critical importance of full tax disclosure for any man or woman seeking the presidency,” commits members said in a joint statement.
It is expected that Democrats will likely take advantage of a 1924 provision in the law which allows the chairman of any tax committee in the House to request any American’s tax returns. This is a move that the President would almost certainly fight in court.