TEHRAN, Young Journalists Club (YJC) - Democratic Party leaders, who took control of the House in November, have recently stepped up pressure on Trump to release tax records from 2013 to 2018, which legal experts said could shed light on the president’s business dealings.
Richard Neal, chairman of the House Ways and Means committee, which oversees tax matters, has given the Internal Revenue Service until April 23 to produce the documents.
Trump’s personal lawyer, William Consovoy, in a letter to the Treasury Department on Monday, accused Neal’s committee of using its “investigatory tools to unlawfully retaliate against a political opponent.”
Lawmakers can go to court and ask a judge to force disclosure of the tax returns, but such a process could unfold slowly and become an issue in the 2020 election, legal experts said.
“I expect Trump will stall at every opportunity,” said Steven Rosenthal, a tax lawyer with the Urban-Brookings Tax Policy Center in Washington, adding that “delay is a victory for Trump.”
Source: Reuters