Democrats demand 10 years of presidential income tax returns in a new bill
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According to two sources close to the discussions, the Democrats will include in their new bill a provision that would require presidential candidates to disclose 10 years of tax returns shortly after being appointed. Vice Presidents would also be required to disclose a decade of returns. Tax returns would then be posted on the Federal Election Commission website for public viewing. Trump "class =" media_image "src =" http://cdn.cnn.com/cnnnext/dam/assets/181222115218-jerry-nadler-elijah-cummings-maxine-waters-split-restricted-large-169.jpg " />
The 10-year requirement is a new marker At the end of last year, Democrats had revealed that the HR 1 would force presidential candidates to publish only three years of tax returns, but a source close to the process said that after reviewing the precedents, the marker had been replaced by a decade. [19659005] This provision would be included in the HR 1, a draft bill. of radical change and democratic priorities in the area of voting rights and health care Legislation should not be adopted by the Republican-controlled Senate or be signed by Trump, who is also Republican. give the commissions the opportunity to Finally democratic priorities in the new Congress.
The House Ways and Means Committee had scheduled a hearing on the tax disposition in Register 1 at the end of January. However, this could come in February depending on the results of a partial government shutdown that destroyed Washington and let Democrats in the House spend their debut in the majority to negotiate the government's reopening. aware that this is not likely to be signed into law. The House Ways and Means Committee is also looking for another way to get Trump's tax returns. Democrats believe that, under an obscure rule of the IRS, the new chairman of the House Ways and Means Committee, Massachusetts representative Richard Neal, has the power to secure revenue from the Treasury Department . Neal said he expected to ask the new Congress, but that he was still under discussion.
Trump repeatedly refused to publish his tax returns because he was under the control of the IRS. Being audited by the IRS does not prevent someone from disclosing his tax returns.