New York passes bill that would allow Congress to get Trump tax returns




US President Donald Trump has steadfastly refused to release his tax returns, but New York lawmakers are looking to change that
US President Donald Trump has steadfastly refused to release his tax returns, but New York lawmakers are looking to change that  

New York (AFP) - President Donald Trump has steadfastly refused to make public his tax returns, but lawmakers in New York state on Wednesday passed a bill that may allow for them to be published against his wishes.

The text -- which Democratic Governor Andrew Cuomo is expected to sign -- would clear a path for tax officials in his home state to offer some of the documents to Congress.

After a first vote in the state Senate earlier this month, the state Assembly, a Democratic stronghold, adopted the measure, according to a spokeswoman.

The bill would allow the tax returns of Trump and other local and federal officials to be handed over to congressional committees, as long as there is a "specified and legitimate legislative purpose."

Cuomo is a virulent Trump critic, so he is certain to sign the measure.

US taxpayers generally submit two income tax returns: one to federal tax authorities and the other to state officials. They also file with local officials to handle property and other municipal taxes.

Any documents handed over to Congress by New York tax officials about Trump's taxes would offer a first glimpse into the financial situation of the billionaire real estate mogul-turned-president.

Democrats have long criticized Trump for refusing to release his tax returns, as past presidents have done for the last four decades.

Since before the 2016 election, he has claimed that his personal and corporate annual income statements have been under audit by the Internal Revenue Service and cannot be released.

His Democratic opponents suspect him of using accounting and other loopholes to avoid paying taxes.

The New York Times reported that based on an analysis of IRS records, Trump reported losses of nearly $1.2 billion between 1985 and 1994, and may have been able to carry over those losses for years afterwards to minimize his tax bills.

This month, the US Treasury refused to hand over the documents to lawmakers, defying a congressional subpoena.

Treasury Secretary Steven Mnuchin told Democrat Richard Neal, the chairman of the House Ways and Means Committee, that the committee "lacks a legitimate legislative purpose" to demand Trump's tax returns -- the same standard adopted in New York.

The text passed in New York state confirms that lawmakers want to help congressional Democrats in their battle with Trump.

On Tuesday, New York state lawmakers adopted another anti-Trump text, this one aimed at allowing state prosecutors to go after recipients of presidential pardons -- including those in Trump's inner circle.

COMMENTS

More Related News

Trump: Iran a
Trump: Iran a 'nation of terror,' was behind tanker attacks

Calling Iran "a nation of terror," President Donald Trump on Friday publicly accused the Persian Gulf nation of responsibility for recent attacks on oil tankers near the strategic Strait of Hormuz. Trump said Iran's culpability was "exposed" by the United States. While Iran has denied being involved in the attacks, U.S. Central Command released footage it said shows Iran's Revolutionary Guard removing an unexploded limpet mine from the Japanese-owned tanker Kokuka Courageous.

White House spokeswoman Sanders leaving job at end of month
White House spokeswoman Sanders leaving job at end of month
  • US
  • 2019-06-13 20:22:30Z

White House spokeswoman Sarah Sanders, a fierce loyalist of President Donald Trump, will leave her job at the end of the month to return to her home state of Arkansas, Trump said on Thursday. The Republican Sanders, who is 36 and has three young children, has drawn fire from the White House Correspondents Association for limiting daily briefings, with Trump preferring to take questions himself from reporters and command the White House stage. The last briefing was 94 days ago, but Trump answers questions from reporters on a near-daily basis, including two extended sessions with them on Wednesday.

Federal agency recommends that Kellyanne Conway be removed from service
Federal agency recommends that Kellyanne Conway be removed from service

The government office that oversees compliance with the Hatch Act has recommended that White House counselor Kellyanne Conway be removed from federal service.

Pelosi says Trump giving Russians 'green light' to attack US elections
Pelosi says Trump giving Russians 'green light' to attack US elections

Pelosi says Trump is giving Russia 'the green light' to attack U.S. elections with his comments saying he'd accept foreign dirt on an opponent.

Trump says he
Trump says he'd 'want to hear' foreign dirt on his rivals

President Donald Trump says that if a foreign power offered dirt on his 2020 opponent he'd be open to accepting it and that he'd have no obligation to call in the FBI. Trump's comments, aired Wednesday and Thursday, come as congressional investigations into Russian interference in the 2016 election continue, and they drew sharp response from his would-be Democratic rivals. On Thursday, the House Intelligence Committee subpoenaed former White House national security adviser Michael Flynn and former Trump campaign aide Rick Gates as part of its ongoing probe.

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Asia

facebook
Hit "Like"
Don't miss any important news
Thanks, you don't need to show me this anymore.