Trying to block the bank from showing his records The House has the right to see everything
Not without a legitimate reason.
that reason is clear as day - to determine if trump is compromised.
The legal argument behind Mnuchin’s refusal to give Congress Trump’s tax returns
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Neal has argued that his legitimate legislative reason is this: The IRS has a policy that every year it reviews the tax returns of the president and vice president to make sure they’re not doing anything fishy and to instill public confidence that they aren’t above the law.
But Congress has no idea how thorough the IRS is with this. Does it do a full audit? A cursory check looking only for red flags? A Democratic committee aide pointed out that the IRS has appeared to go easy on a president before. Richard Nixon once received a letter from the agency saying that his taxes were a-okay, only for Congress to find out that he owed $500,000 in interest and back taxes.
This is all IRS policy, not a law written by Congress. Trump is the first president in decades not to share his taxes with the public, so Democrats argue that this is a good time to consider giving Congress more oversight into how the IRS reviews a president’s taxes. To do that, it needs to request this president’s returns.
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Democrats on this panel counter that they’re pretty sure they’re on firm legal ground. The 1924 law says the IRS “shall furnish” the tax information to Congress.
And Neal is known as someone who pins his requests on policy rather than politics. He has been expecting a legal fight, so he was very careful not to overstep his requests. He asked for only six years of Trump’s tax returns rather than, say, 10 or 20 years, because he thinks that number abides by the 1924 law. He asked for returns from only some of Trump’s businesses, such as his golf club in New Jersey. (Democrats say they requested enough to paint a picture of the “core of the president’s business empire.”)
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https://www.washingtonpost.com/poli...ve-congress-trumps-tax-returns/?noredirect=on