Democrats Want Trump's Tax Returns
by Jacob Solis
Donald Trump is the only president in the modern era who has refused to release his tax returns, and, with the past Republican majority in the House and Senate, he hasn’t really felt the pressure to release them. There’s not a law that says he’s required to do so, but past presidents have set this precedent in an effort to be more honest and transparent about their financial status. Trump’s avoidance of the issue will not be accepted, according to Democrats in the House of Representatives.
In the most recent midterm election, we saw the House of Representatives shift to a Democrat majority, meaning Trump isn’t going to have the support of a Republican House, Senate, and Supreme Court any longer. The Democrats in the House can now put opposition to his actions. The party majority shift will prove to be a headache for Trump, because the leaders of the congressional tax committees plan to employ the use of their special powers to demand the documents from the president.
There is a 1924 law which states that the Chairman of the House Ways and Means Committee can examine anyone’s tax returns in private, and share the information with any of the other lawmakers. This law means they would be able to search through Trump’s tax documents and put the controversy surrounding them to rest. This is so vital to democrats because any unlawful behavior found can lead to a trial for the president. Trump’s lawyers are scrambling to try to find a way out of this, but the law states that the Treasurer-Secretary “shall” turn over “any return or return of information”, and paints a very clear picture of what must happen if the Chairman of the House Ways and Means Committee reviews Trump’s tax returns.
Nancy Pelosi was voted to be Speaker of the House for the Democratic majority, and in their plans for this year, they’ve stated that they’re going to introduce a bill requiring presidents to submit 10 years of tax returns prior to when they took office. The Democratic majority in the House leaves grave implications for Trump on this issue, but the 116th Congress will definitely have a very busy first couple of months either way.