Treasury Secretary Steven Mnuchin on Wednesday dismissed an internal IRS memo concluding it is "mandatory" for the IRS to turn over President Donald Trump's tax returns to Congress unless the president invokes executive privilege.
The Washington Post reported Tuesday that the draft IRS memo concluded that the Treasury secretary’s “obligation to disclose return and return information would not be affected by the failure of a tax writing committee” to give a reason for the request. The “’only basis [for] the agency’s refusal to comply with a committee’s subpoena would be the invocation of the doctrine of executive privilege.”
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This is such a criminal enterprise.
Lol dismissing the law. Can we all do this now?
dismiss him
Lock him up!
Cuff him Danno.
Jail him maybe his Daddy can visit him with his poodle
And lied to Congress about it
Sorry but the Treasury is NOT a Legislative Nor Judicial body. They neither Make Nor Interpret law. Justice and Treasury are part of Admin. Admin does the mundane day to day work.
How could executive privilege work ? There’s no policy debate about his tax returns .
'Even worse,' says one disgruntled IRS employee, 'When he walks into the office he makes us all sing 'We Welcome You to Mnuchin Land.' I'd have spoken out before but he threatened to revoke my membership in The Lollipop Guild.'
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IRS memo says Trump taxes must be given to Congress: WaPoRachel Maddow shares a new report from the Washington Post of a confidential draft IRS memo that says the law requires that Donald Trump's taxes be given to Congress, and the broader context of the Trump administration's obstruction of oversight by Congress, particular of Trump's finances. maddow MSDNC trying to grasp smoke. maddow Democrats are putting all their eggs in one basket. 2020 will be more devastating than 2016 if you keep up this nonsense. WALKAWAY maddow 'rare'
Source: MSNBC - 🏆 469. / 51 Read more »
IRS: Trump has basically no choice but to hand over his taxes.According to the Washington Post, a confidential IRS legal memo says tax returns must be given to Congress unless the president takes the rare step of asserting executive privilege. Watch chrislhayes with more analysis. chrislhayes tax returns-issue is dead election-issue. we the voters had decided. dems request is abuse of power n unconstitutional: all americans have inalienable n fundamental constitutional right to tax returns-privacy. let our courts be check n balance against dems' abuse. chrislhayes Yes, he does. It just upsets you that he isn't complying. chrislhayes Trump is thumbing his nose and showing his behind to lady justice and the rule of law.
Source: MSNBC - 🏆 469. / 51 Read more »
Treasury Secretary Steven Mnuchin and IRS chief expected to ignore subpoena deadline for Trump's tax returns, setting up court fightHouse Ways and Means Committee Chairman Richard Neal, D-Mass., made a formal request for six years of Trump's personal and business tax returns last month. But Mnuchin has refused to release the president's returns to Congress. Most of us are ignoring the Democrats at this point. It's like these subpoena are becoming laughing stock that anyone can just ignore. I thought the NYT already received stolen returns? 🤷♂️
Source: CNBC - 🏆 12. / 72 Read more »
Mnuchin Defies Subpoena for President Trump’s Tax ReturnsTreasury Secretary Steven Mnuchin and IRS Commissioner Charles Rettig defied congressional subpoenas by missing a Friday deadline to hand over six years of President Trump’s tax returns. since he's breaking the law I think enforcement, fines and if necessary jail are in order They won’t get it. Because the Democrats are losers who can’t get things done. Is there a difference between Mnuchin and Chelsea Manning?
Source: WSJ - 🏆 98. / 63 Read more »
IRS Memo Says President's Tax Returns Must Be Given to CongressThe memo said that the only way out of complying with the request from House Ways and Means Chairman Richard Neal is for the president to take the rare step of executive privilege. The Internal Revenue Service also said the memo was never forwarded to Treasury. A Treasury spokesman said that no one Only should happen if Congress shows probable cause. Oversight doesn't mean obstruction. The same IRS that President Obama weaponized to attack Tea Party groups? Wow, he corrupted everything he touched. Not going to happen
Source: YahooNews - 🏆 380. / 59 Read more »
IRS Audit Rate On The Rich CollapsesThe audit rate for $10-million-plus folks dropped precipitously, while rates for other high-income groups are down a lot too. President Trump included 😂😂😂😂😂😂😂😂😂😂😂 srvgy bist Frankfurt Neckermann Area, 240k m2 land area, 90k m2 office and 220k m2 storage area. 72% owner , Servet REIT, market cap is just 26M€
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Mnuchin rejects Democrats’ subpoena for President Trump’s tax returnsMnuchin and IRS Commissioner Charles Rettig were given until 5pm on Friday to respond to House Democrats' demands. It’s spelled Munchkin Lock him up 'The most transparent administration in history' is rejecting the House Judiciary committee's request to turn over documents on a broad range of topics. Can some of you Trumptards explain how it can be both and why?
Source: washingtonpost - 🏆 95. / 72 Read more »
The next big venture-capital gold rush may be in Opportunity Zones, dubbed the 'emerging markets of the United States'Following the latest round of regulatory updates from the IRS, venture capital firms are raising funds or rejiggering existing ones to take advantage of the Opportunity Zone tax break.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Confidential draft IRS memo says tax returns must be given to Congress unless president invokes executive privilegeThe memo, written last fall by an Internal Revenue Service attorney, contradicts the Trump administration’s justification for denying the president’s tax returns to lawmakers. 1. Why was it confidential? 2. What could possibly be privileged about a tax return that was filed before he was president? He will and make a dumbass excuse why he can’t release them
Source: washingtonpost - 🏆 95. / 72 Read more »
Washington Post: Draft memo said IRS must turn over tax returns if Congress asks -- unless executive privilege invokedA draft confidential memo from the Internal Revenue Service last fall determined that tax returns must be surrendered to Congress unless the president opts to invoke executive privilege, The Washington Post reported. EP invoked tomorrow in a tweet..he will just run out clock..we as a nation now have a dictator. That’s NOT the law. “Shall provide” is not ambiguous. Executive criminality is more like it! Degenerate!!!
Source: CNN - 🏆 4. / 95 Read more »