US Treasury will not hand over Trump tax returns to Congress

Treasury Department To Congress On Request For Trump's Taxes: Go Shove It

The U.S. Department of Treasury said Monday that it can not legally release President Donald Trump's personal and business tax returns that have been demanded by Democrats on the House Ways and Means Committee.

"As you have recognized, the committee's request is unprecedented, and it presents serious constitutional questions, the resolution of which may have lasting consequences for all taxpayers", Steven Mnuchin, the Treasury secretary, wrote in a letter to Democratic Rep. Richard Neal of MA.

-Rep. Lloyd DoggettHouse Ways and Means Chairman Richard Neal (D-Mass.) "has no choice but to subpoena Trump's personal and business tax returns and, if the stonewalling continues, hold Secretary Mnuchin in contempt of Congress for illegally shielding the returns", the groups said.

A number of legal experts have said the law clearly states Mnuchin must release the president's tax returns upon request from Congress.

"I will consult with counsel and determine the appropriate response", Neal said in a statement Monday.

The Treasury secretary, who is a Trump political appointee, added that the Justice Department plans to "memorialize its advice in a published legal opinion as soon as practicable".

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In April, Mnuchin revealed that Treasury officials had conferred with White House lawyers about Trump's tax returns before Democrats sent their formal request to the Internal Revenue Service.

The refusal to release 10 years of Trump's financial records tees up another likely legal fight between House Democrats and the Trump administration, which has stonewalled Democrats' ongoing congressional probes in recent weeks into Trump and his family's finances.

Mnuchin said the demand for the president's returns was illegitimate and illegal so he wouldn't comply. Time will tell, but I commend Mnuchin for not giving the Democrats any ammunition in their crusade to impeach Trump. "We're not going anywhere", he said. "If Trump once again faces only Republican silence and Democratic timidity, he will continue to erode our democracy by assuming more and more power".

Also, if there were anything juicy in the tax returns, wouldn't some self-righteous anti-Trump IRS official leak them by now?

The Mueller report and Trump's taxes are central to the oversight efforts of six Democratic-led House committees that are probing the president, his associates and his presidency.

Neal had tailored the request for a stated objective of reviewing whether the IRS is impartially auditing the returns of its boss - President Trump.

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