Trump May Be Conspiring With IRS To Keep His Taxes Hidden, Dems To Investigate
Donald Trump has used the same excuse for not releasing his tax returns year after year: “they are under audit.” But something about that isn’t sitting right with Democrats who want to get to the bottom of things.
On Thursday, it was reported that Democrats are now seeking to audit Trump’s claim as they drill down on getting his tax returns.
“The committee is considering legislative proposals and conducting oversight related to our federal tax laws, including, but not limited to, the extent to which the IRS audits and enforces the federal tax laws against the president,” Ways and Means Chairman Richard Neal (D-MASS) wrote in a letter.
“We are under audit, despite what people said and we are working that out,” Trump repeated on Wednesday under oath.
“This is a matter of our oversight of the Internal Revenue Service — it’s broader than just the question of Donald Trump’s tax returns, though there’s plenty to ask about that,” Rep. Lloyd Doggett (D-TX) said according to Politico.
“Democrats say they don’t know how serious those examinations are, or if they really do happen, because the agency ultimately answers to the president,” the report added.
“They point to an episode in the Nixon administration when the IRS initially blessed Nixon’s returns before a subsequent audit by Congress’s independent Joint Committee on Taxation found he actually owed almost $500,000 in unpaid taxes,” the report said.
Rep. Dan Kildee (D-MI) said they are seeking to change the law on how the IRS operates with the president.
“We are trying to determine whether there is a need for legislative change as it relates to the way the IRS audits and enforces the tax law on the president of the United States,” Kildee said.