Wash. D.C. thehill.com
A House Democratic lawmaker has forced the House to vote on a resolution to request President Trump’s tax returns, but the effort failed on a party line vote-229-185-with two Republicans voting “present”. The move was the latest in a series of Democratic efforts to push Congress to request Trump’s tax returns, and Democrats demanded a roll call vote to force Republicans to go on the record. The two Republicans who voted present were Reps. Walter Jones (N.C.) and Mark Sanford (S.C.). Sanford is one of the Republican lawmakers who has in the past called for Trump to release his returns. The tax resolution of Trump’s tax situation could be resolved by all parties if the information was released.
After the vote, House Minority Leader Nancy Pelosi fired at the GOP. “Tonight, House Republicans made themselves accomplices to hiding President’s Trump’s tax returns from the American people,” she said. “Our security and our democracy have been endangered by Russia’s clear influence on the Trump Administration. The american people deserve the truth about Russia’s personal political and financial grip on President Trump. If there’s nothing there, then what are Republican’s afraid of ?
Rep. Bill Pascrell (D. N.J.) offered a resolution that would have directed the House to request 10 years of Trump’s tax returns, have the House Ways and Means Committee review then in a closed session and ten vote to send the information in the returns to the full house. Under federal tax law, the chairman of the House Ways and Means and Senate Finance Committees and Joint Committee of Taxation can request ta returns from treasury to be considered in a closed meeting. The resolution would also direct the House to “support transparency in government and the longstanding tradition of Presidents and Presidential candidates disclosing their tax returns”.
Trump was the first major party presidential nominee in decades to refuse to release his tax returns. He frequently said that he wouldn’t make his returns public until the IRS finished auditing him. However, the IRS has said that an audit doesn’t prevent people from releasing their own tax information.
If you face an IRS audit and tax bill, call us for your Tax Resolution. 26 years of Nationwide Tax Resolution Services.