Trump misses tax return deadline, legal battle likely

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Law Law Headlines News

Trump broke with a long-established norm during the 2016 elections by refusing to release the returns as most presidents have done since the 1970s even though it is not required by law.

"The president is pretty clear: Once he's out of audit, he will think about doing it," White House Deputy Press Secretary Hogan Gidley told Fox News on Tuesday.The US Treasury Department said it was reviewing Neal's request and consulting with the Justice Department, and that there were"serious constitutional questions" related to the request.

Treasury Secretary Steven Mnuchin, in a letter to Neal, said the department would render a final decision by May 6 on whether or not to comply. But Mnuchin also warned that congressional Democrats, through the Ways and Means demand, were seeking"to obtain and expose the president's tax returns." Democrats have warned that legal action, such as a subpoena of financial data, could follow if the Trump administration does not comply, precipitating a lengthy battle in the courts.

In requesting the tax returns, Democrats have cited a little-known law that allows Congress to review anyone's returns to conduct an investigation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in LAW

Law Law Latest News, Law Law Headlines