2020 electionElizabeth Warrengay marriageIRSPolitics

Elizabeth Warren Reintroduces Bill Allowing Gay Couples to Receive Retroactive Refunds from IRS

Senator Elizabeth Warren (D-MA) reintroduced the Refund Equality Act on Thursday. The bill would allow same-sex couples to amend past tax returns in order to receive refunds owed to them by the IRS. Said Warren in a press release: “Before the Supreme Court’s decision in Windsor, a same-sex couple, legally married under state law, could not file federal income taxes as a married couple. After Windsor, the Internal Revenue Service (IRS) published guidance that clarified the IRS’s recognition of same-sex marriages, and stated that married same-sex couples could amend previously-filed...
Donald TrumpIRSLawNewsPoliticsSteve Mnuchintax returns

Secret IRS Legal Memo Says Trump’s Tax Returns Must Be Handed Over to Congress – Mnuchin Lied and Refused

A secret internal memo written by IRS attorneys says the Commissioner must obey the law and hand over President Donald Trump’s tax returns, according to a just-published Washington Post bombshell. The Post says the only exception would be if “the president takes the rare step of asserting executive privilege,” which he has not. Treasury Secretary Steven Mnuchin falsely claimed he had not only the right but the obligation to not follow the law, saying House Ways and Means Committee Chairman had no “legislative purpose.” He falsely claimed Treasury is “not authorized”...
Donald TrumpIRSLawNewsPolitics

House Subpoenas Mnuchin and IRS Chief After Failure to Release Trump Tax Returns

The House Ways and Means Committee Chairman Ricard Neal has just sent subpoenas to Treasury Secretary Steve Mnuchin and IRS Commissioner Charles Rettig after they failed to follow a law that requires the IRS to hand over the tax returns of any U.S. individual when asked by the Committee Chair. Chairman Neal requested six years f President Donald Trump’s tax returns. Sec. Mnuchin, after dragging out his response for weeks, ultimately refused. “After reviewing the options available to me, and upon the advice of counsel, I issued a subpoena today...
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#BillionDollarLoser: Americans Scorch ‘Millionaire-at-Birth’ and ‘Grifter’ Trump for Decade of Massive Loses

The New York Times’ bombshell exposé revealing that businessman Donald Trump lost more than $1 billion over a 10-year period during Manhattan’s real estate surge of the ’80’s and ’90’s has many Americans furious, while others are choosing to mock and ridicule the President. #BillionDollarLoser is now the top trending term on Twitter. Some are also pointing to Trump’s tweets from Wednesday morning, in which he said he was “entitled to massive write offs and depreciation,” and calling the entire process a “sport.” ….you would get it by building, or even...
Donald TrumpIRSLawNewsPoliticsSteve nuchin

‘Lock Him Up!’: Calls Grow for Mnuchin to Be Jailed for Interfering With Law Requiring Release of Trump’s Taxes

The laws are clear, according to legal experts who say the IRS “shall” hand over the tax returns of any person in the U.S. if requested by the Chairman of the House Ways and Means Committee. The law also says any federal employee who does not properly execute tax laws can be jailed. The Chairman of the House Ways and Means Committee gave the IRS a deadline of Wednesday to hand over six years of President Donald Trump’s tax returns. The Secretary of the Treasury, Steve Mnuchin, intervened. His response: We’re...
Donald Trumpfederal lawIRSLawLOCK THEM UP?NewsPoliticsSteve Mnuchintax returns

Treasury Secretary Mnuchin Could Go to Jail for Interfering With Law Requiring IRS to Hand Over Trump’s Taxes

There are two laws that are very clear. And they apply to Secretary of the Treasury Steve Mnuchin. One says the IRS “shall” – not “can,” not “may” – hand over the tax returns of any person if requested by the Chairman of the House Ways and Means Committee. The second says any federal official who has anything to do with the tax laws must follow them or be removed from office snd face fines or jail – or both. Tax law and economics expert, David Cay Johnston, a Pulitzer Prize...
Donald TrumpIRSNewsPoliticstaxes

Watch: Trump Claims ‘There Is No Law’ That Can Force the Release of His Tax Returns – He’s Wrong

“I won’t do it” Trump says. He doesn’t need to – but the IRS does. President Donald Trump is fighting back hard against the release of his tax returns – something he once promised he would do if ever waged a White House run. Now, nearly four full years since the infamous day he rode down the Trump Tower escalator to declare Mexicans are rapists and he was launching a presidential bid, President Trump lied to reporters, insisting “there is no law” that can force the release of his taxes....
Donald TrumpIRSLawMichael DesmondNewsPolitics

Trump Privately Asked McConnell to Prioritize Confirmation of IRS Counsel Over Attorney General – and Now We Know Why

Did Trump Pick the New IRS Top Attorney to Protect Him From Democrats Trying to Get His Tax Returns? The New York Times is out with another bombshell report, this time describing how – and why – President Donald Trump privately asked Senate Majority Leader Mitch McConnell to make his top priority the confirmation of a new IRS Chief Counsel, even over confirming a new Attorney General. It was February, one month after the new Democratic-majority House of Representatives had been sworn in. This is a very aggressive goal-oriented group...
Donald TrumpIRSLawNewsPoliticstax returns

Powerful House Democrat Officially Requests President Trump’s Tax Returns From the IRS

The powerful Chairman of the House Ways and Means Committee, Richard Neal, has formally requested the IRS to hand over President Donald Trump’s tax returns. “In a letter to the IRS sent Wednesday and first obtained by CNN,” CNN reports, “Neal cites a little known IRS code in his request for six years of Trump’s personal tax returns from 2013 to 2018. He also requested the tax returns of eight of Trump’s business entities, a nod to escalating pressure from liberals in the caucus who have argued that Trump’s personal returns wouldn’t...
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