Wondering About Trump’s Sources Of Income? Don’t Expect To See His Post-Presidency Tax Returns Soon.

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Jonathan Nicholson covers Capitol Hill and campaigns for HuffPost. His Twitter is @JNicholsonInDC.

Former President Donald Trump, facing mounting legal bills, has lately taken to hawking various items other presidential candidates would have turned their noses up at, like

“This is a matter, in some instances, of national security in terms of the ability of other countries and wealthy interests have to potentially make a financially struggling candidate whole. It is also something that has been a bipartisan agreement for decades up to Trump’s running for office.”earlier this month, his lawyers said it would have been nearly impossible for him to post a bond of almost that amount in his New York fraud case.

Under Section 6103 of the Internal Revenue Code, the chairs of the tax-writing committees in the House and Senate are allowed to ask for tax return information, including that of individual taxpayers, as long as there is a “legislative purpose”. “It certainly is a long and arduous process to go through. The patience that I think we demonstrated was really important. Whether or not that patience can be embraced again, I don’t know, in the Senate.”

Wyden would seek a Senate floor vote on the bill, Finance spokesman Ryan Carey told HuffPost, if Trump has not disclosed his returns 15 days after this summer’s GOP convention, “which it’s safe to assume he will not”.“Separate from Trump’s tax returns, Senator Wyden believes Trump should also disclose any loans he’s received from foreign entities, and Congress should investigate if he fails to do so,” Carey continued.

 

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