New York Clears Way for Release of Trump’s State Tax Returns

REUTERS/Joshua Roberts

New York state on Monday cleared the way for U.S. congressional Democrats investigating President Donald Trump’s finances to obtain his state tax returns, opening a new fight in Trump’s squabbles with Democrats.

Governor Andrew Cuomo signed an amendment to a tax law that will require the commissioner of the Department of Taxation and Finance to share state income tax returns and reports when certain congressional committees request them.

“This bill gives Congress the ability to fulfill its constitutional responsibilities, strengthen our democratic system and ensure that no one is above the law,” said Cuomo, a Democrat.

The law, effective immediately, opens a new avenue for the Democratic majority in Congress to investigate Trump’s business affairs.

Trump’s tax returns have been the object of scrutiny by Democrats in Congress since he took office. In May, Treasury Secretary Steven Mnuchin denied the House Ways and Means committee’s request that the Internal Revenue Service turn over six years’ of Trump’s federal tax returns, citing his belief that the committee did not have a legitimate legislative reason for the request.

The Committee sued Mnuchin and the Treasury Department last week to appeal Mnuchin’s decision.

(Reporting by Gabriella Borter; Editing by Scott Malone and Dan Grebler)

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Adina Rivera
Guest
Adina Rivera

We need to see what trump is hiding. Why is he so adamant about releasing them. Money laundering? Tax evasion? Release them!

Patti Harrison
Member

New York State, you’re hereby asked to leave this United States and join the Communist Nation as you certainly care little for the rights of private citizens! You have opened up a can of worms that cannot be put back into the jar!!! No wonder businesses are leaving states like yours and California!!!

S.H.
Member

YEEHAW – I cannot wait to see the Orange Blob’s tax returns – the entire USA will finally know a big fat orange blob of amoral goo sitting in the oval office has paid NO income tax for over ten years. Also – the state of New York will finally get to see the Douche Bank illegal money laundering activities of the Orange Blob and his evil side-kick Jared Kushner. The Orange Blob is a self-admitted serial sex offender, but it might be the Orange Blob’s illegal financial activities that finally put him in a jail cell next to Manafort… Read more »

Joey
Guest
Joey

Than means if any citizens disagrees with the policies of the politicians in New York they can be targeted by the politician through their tax returns. More communism coming out of New York.

John
Guest
John

That means any private citizen can have their tax returns released if this committee wants them? the Constitution does not endorse this type of behavior and the Supreme Court should step in and stop this farce. Gov. Cuomo, you have just given businesses a reason to leave New York state.

Allen Zabel
Member

Another reason, not to go to or visit New York.
They are Communist and will stomp on your rights to privacy.

Cherl
Member

Show them; don’t show them. I voted for him without caring and I still don’t.

Charles
Member

Poor loser Democrats trying to effect a coup. Isn’t it strange that they never cared about his tax records until he beat the HIllarrhoid. I guess his crime was that he became President. Now they just have to find something they can twist. Their witch hunt with Mueller didn’t work. What we need is another revolution and throw out the Democrats.

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