Simon Conway

Simon Conway

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Treasury says NO to releasing Trump's taxes...

Internal Revenue Service Forms Ahead Of 2016 Income Tax Deadline

Image: Daniel Acker/Bloomberg via Getty Images

House Ways and Means Committee Chairman Richard Neal's request for President Trump's tax returns, did not have a “legitimate legislative purpose” and so in a letter, Treasury Secretary Steven Mnuchin said no.

“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,” the letter read.

Mnuchin said he received the advice on not releasing the returns from the DOJ.

“The Department of Justice has informed us that it intends to memorialize its advice in a published legal opinion as soon as practicable. Out of respect for the deadlines previously set by the Committee, and consistent with our commitment to a prompt response, I am informing you now that the Department may not lawfully fulfill the Committee’s request,” the letter read.

The scene is now set for a big battle!

There is a more fundamental question here. It is nothing more than a tradition - and not a long one at that (around 40 years) that potential Presidents release their tax information. I have never personally understood it.

Should we have a RIGHT to see them?

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