(11-23-2022 09:48 AM)200yrs2late Wrote:  

(11-23-2022 09:21 AM)Gamenole Wrote:  

(11-23-2022 09:11 AM)Claw Wrote:  They waited until the House was in Republican control.

Now it is up to the House leadership to shut it down.

Not quite, the 118th Congress won't convene until January 3, 2023 at noon. Until that time the GOP has no more power in the House than it has had for the past two years. Legislation is unlikely to result from this short period of time with Trump's taxes during the lame duck, but legislation was never likely anyway. And should any Presidents after Trump try this stunt, they should be smacked down much faster now that the precedent has been set.

You really think Trump's lawyers cant delay this until Jan 4th?

He doesn’t think at all

(11-23-2022 09:46 AM)Claw Wrote:  

(11-23-2022 09:21 AM)Gamenole Wrote:  

(11-23-2022 09:11 AM)Claw Wrote:  They waited until the House was in Republican control.

Now it is up to the House leadership to shut it down.

Not quite, the 118th Congress won't convene until January 3, 2023 at noon. Until that time the GOP has no more power in the House than it has had for the past two years. Legislation is unlikely to result from this short period of time with Trump's taxes during the lame duck, but legislation was never likely anyway. And should any Presidents after Trump try this stunt, they should be smacked down much faster now that the precedent has been set.

What I'm saying is Trump will "need until next year" to assemble the required documents. By then the new House will be seated. The new House will make all new committee assignments, and the new committee will no longer want Trump's tax returns.

The returns aren't to be submitted by Trump, they're to come direct from the Treasury Secretary and the IRS. The relevant statute is 26 U.S.C. § 6103(f)(1), which states that "[u]pon written request” of the chairman of one of the three congressional tax committees, the Secretary “shall furnish” the requested tax information to the Committee. Trump lost, and there is nothing more his lawyers can do now that the Supreme Court has agreed that the law means what it says in this case. So you're basically counting on Treasury Secretary Janet Yellen to comply slowly for Trump's benefit, good luck with that.

https://www.justice.gov/olc/file/1419111/download

What the eff do the idiots wanting his tax think they are going to see?

He legally sheltered himself from paying taxes ? Oh my Gerd

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(11-23-2022 10:00 AM)maximus Wrote:  What the eff do the idiots wanting his tax think they are going to see?

He legally sheltered himself from paying taxes ? Oh my Gerd

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TDS is so real

I STILL have no clue what the expect to find in the tax returns. My guess is they don't have a a clue either.

As if they haven't seen them already. Anybody that believes someone at the IRS hasn't "leaked" Trump's tax returns hasn't been paying attention for the past 6 years. All they want to do is say he isn't worth as much as he says he is, which wouldn't be on a tax return anyways. But they know their rabid supporters will believe his "taxable income" is his net worth. That's what this is all about. If something was untoward on his tax return, they would have barked from the highest tower they "got him". Now Biden on the other hand, he has some problems.

(11-23-2022 09:37 AM)Fo Shizzle Wrote:  There is nothing in the Constitution that requires this. Since 1970...Presidents have voluntarily turned over their taxes..but..it is not a requirement. Trump's or any other citizens returns are no ones business unless probable cause of criminality can be shown before a judge. That has not occurred to my knowledge.

This is not a legal matter. It's an oversight matter, which Congress has here.

And yeah, we need either a law or a Constitutional Amendment that it should be a requirement IMO.

(11-23-2022 09:37 AM)Eagleaidaholic Wrote:  Why would a House Committee need to see a former President's Tax returns? Do they think the IRS is incompetent? This will lead to a precedent for the current POTUS, or should I say "Big Guy" . Wonder if there are any "10%" line items on his TR?

You do know that every recent tax return of Joe Biden is publicly available, right?

(11-23-2022 11:12 AM)Redwingtom Wrote:  

(11-23-2022 09:37 AM)Fo Shizzle Wrote:  There is nothing in the Constitution that requires this. Since 1970...Presidents have voluntarily turned over their taxes..but..it is not a requirement. Trump's or any other citizens returns are no ones business unless probable cause of criminality can be shown before a judge. That has not occurred to my knowledge.

This is not a legal matter. It's an oversight matter, which Congress has here.

And yeah, we need either a law or a Constitutional Amendment that it should be a requirement IMO.

The law they are relying on is grotesquely broad. And it should be changed.

It literally gives the committee the power to pull in *anyone's* return, simply by asking. With no underlyiing rationale.

(11-23-2022 11:17 AM)tanqtonic Wrote:  

(11-23-2022 11:12 AM)Redwingtom Wrote:  

(11-23-2022 09:37 AM)Fo Shizzle Wrote:  There is nothing in the Constitution that requires this. Since 1970...Presidents have voluntarily turned over their taxes..but..it is not a requirement. Trump's or any other citizens returns are no ones business unless probable cause of criminality can be shown before a judge. That has not occurred to my knowledge.

This is not a legal matter. It's an oversight matter, which Congress has here.

And yeah, we need either a law or a Constitutional Amendment that it should be a requirement IMO.

The law they are relying on is grotesquely broad. And it should be changed.

It literally gives the committee the power to pull in *anyone's* return, simply by asking. With no underlyiing rationale.

Maybe, but how often are they actually using this power? I would venture it's exceedingly rare.

(11-23-2022 11:20 AM)Redwingtom Wrote:  

(11-23-2022 11:17 AM)tanqtonic Wrote:  

(11-23-2022 11:12 AM)Redwingtom Wrote:  

(11-23-2022 09:37 AM)Fo Shizzle Wrote:  There is nothing in the Constitution that requires this. Since 1970...Presidents have voluntarily turned over their taxes..but..it is not a requirement. Trump's or any other citizens returns are no ones business unless probable cause of criminality can be shown before a judge. That has not occurred to my knowledge.

This is not a legal matter. It's an oversight matter, which Congress has here.

And yeah, we need either a law or a Constitutional Amendment that it should be a requirement IMO.

The law they are relying on is grotesquely broad. And it should be changed.

It literally gives the committee the power to pull in *anyone's* return, simply by asking. With no underlyiing rationale.

Maybe, but how often are they actually using this power? I would venture it's exceedingly rare.

From your friends at American Progress:

"Congress invokes Section 6103(f) routinely to allow the JCT staff and Government Accountability Office to obtain tax data in bulk for the purpose of analyzing proposed tax legislation and performing audits of the IRS, respectively."

https://www.americanprogress.org/article...-congress/

(11-23-2022 11:27 AM)tanqtonic Wrote:  

(11-23-2022 11:20 AM)Redwingtom Wrote:  

(11-23-2022 11:17 AM)tanqtonic Wrote:  

(11-23-2022 11:12 AM)Redwingtom Wrote:  

(11-23-2022 09:37 AM)Fo Shizzle Wrote:  There is nothing in the Constitution that requires this. Since 1970...Presidents have voluntarily turned over their taxes..but..it is not a requirement. Trump's or any other citizens returns are no ones business unless probable cause of criminality can be shown before a judge. That has not occurred to my knowledge.

This is not a legal matter. It's an oversight matter, which Congress has here.

And yeah, we need either a law or a Constitutional Amendment that it should be a requirement IMO.

The law they are relying on is grotesquely broad. And it should be changed.

It literally gives the committee the power to pull in *anyone's* return, simply by asking. With no underlyiing rationale.

Maybe, but how often are they actually using this power? I would venture it's exceedingly rare.

From your friends at American Progress:

"Congress invokes Section 6103(f) routinely to allow the JCT staff and Government Accountability Office to obtain tax data in bulk for the purpose of analyzing proposed tax legislation and performing audits of the IRS, respectively."

https://www.americanprogress.org/article...-congress/

Didn't know they were MY friends...lol...but I would imagine the "in bulk" refers to tax data like how many people claimed an EIC, etc. and not the tax returns of every person who claimed an EIC.

The same clowns clamoring for tax returns have nothing to say in the FTX thread.

So if Trumps taxes are public knowledge, then Biden's taxes are also for public view and scrutiny.

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(11-01-2022 01:12 PM)EverRespect Wrote:  Are the dems expecting to see a "Bribe from Putin" line item on his income statement?

This saga might be the dumbest of all of them.

It'll be in secret code.. like "Russian Caviar Expenditures"...

(11-23-2022 11:44 AM)hburg Wrote:  So if Trumps taxes are public knowledge, then Biden's taxes are also for public view and scrutiny.

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The transmittal to the committee cannot involve public release.

Second, iirc Biden has released his returns voluntarily for the last large number of years

(11-01-2022 12:04 PM)UofMstateU Wrote:  womp womp

(11-01-2022 01:25 PM)UofMstateU Wrote:  

(11-01-2022 12:37 PM)tanqtonic Wrote:  That is just a "wo".

It is a stay pending SCOTUS looking at whether even to take the case.

The Trump lawyers are getting pretty used to blowing everything up to emergency stay petitions at the SCOTUS. Maybe they will get a frequent "filer" points soon.

I know this chaps your ass but unless you get a hearing and ruling within weeks, it aint ever going to happen.

Mr. Sad Trombone seems to have lost all interest in this thread he started with such certainty just 22 days ago...I wonder what happened?

Probably said this already, but Trump drags his feet till the new Congress sits and the new committee will not exist or not ask for the returns.

As to what they want to find? They want to find more Trump business partners to investigate, charge, and try to "turn" against Trump. We've seen that for six years. That's the game. The tax returns just give them a better list to people to target.

(11-23-2022 11:12 AM)Redwingtom Wrote:  

(11-23-2022 09:37 AM)Fo Shizzle Wrote:  There is nothing in the Constitution that requires this. Since 1970...Presidents have voluntarily turned over their taxes..but..it is not a requirement. Trump's or any other citizens returns are no ones business unless probable cause of criminality can be shown before a judge. That has not occurred to my knowledge.

This is not a legal matter. It's an oversight matter, which Congress has here.

And yeah, we need either a law or a Constitutional Amendment that it should be a requirement IMO.

So..Before 1970 it was no problem. Now it is? Trump should tell them to go F themselves. It's not a requirement and this is an overreach of power. Im not a fan of DJT and Im sure he has use the tax code to his benefit..like most wealthy people do but this is nothing but a fishing expedition. It's so obvious that it's embarrassing.

(11-23-2022 12:36 PM)Claw Wrote:  Probably said this already, but Trump drags his feet till the new Congress sits and the new committee will not exist or not ask for the returns.

As to what they want to find? They want to find more Trump business partners to investigate, charge, and try to "turn" against Trump. We've seen that for six years. That's the game. The tax returns just give them a better list to people to target.

Again Claw, Trump has nothing to do with this now -

The returns aren't to be submitted by Trump, they're to come direct from the Treasury Secretary and the IRS. The relevant statute is 26 U.S.C. § 6103(f)(1), which states that "[u]pon written request” of the chairman of one of the three congressional tax committees, the Secretary “shall furnish” the requested tax information to the Committee. Trump lost, and there is nothing more his lawyers can do now that the Supreme Court has agreed that the law means what it says in this case. So you're basically counting on Treasury Secretary Janet Yellen to comply slowly for Trump's benefit, good luck with that.

https://www.justice.gov/olc/file/1419111/download