President Donald Trump has been under a lot of pressure to release his tax returns and for simply standing on his legal rights not to do so.
To shed light on the issue, on Sunday President Trump did an ABC News interview. Eventually, he says, his tax records will go public and he may even be the one to turn them over.
The Senate is after his financial statement, the president noted, “at some point I hope they get it.” When asked if he would personally disclose the information, Trump replied, “At some point, I might, it’s a fantastic financial statement.”
Washington, D.C. is its own little world inside a bubble where anybody upsetting the apple-cart will get ruined. Government workers fight to keep that power at any cost.
The people elected a non-politician because conservatives are fed up with politicians and Trump has been flipping over a lot of apple-carts.
Those in power are desperate to find any tidbit of irregularity that might be blown up into far more than it is. Or maybe, something will just be made up. It’s happened before, it will happen again. No President has ever needed to turn over financial statements.
Of course, just continuously harassing President Trump for just about anything is good in Democrat eyes.
President Trump has often explained he’s under audit and will turn everything over when it’s done. There may be other innocent legal reasons Trump does not wish to release records.
The real issue is it provides a chance for Democrats and network media to make noise that he “isn’t complying.”
Trump seems damned if he does, damned if he doesn’t. If he made a loss, he can’t be trusted with money. Making a profit brings scrutiny as well, because he must have had to run over somebody to have gained anything.
To Democrats, Donald Trump couldn’t possibly have made money honestly, since he’s not a non-profit. A non-profit is today a much more politically acceptable enterprise to run. Just ask the Clinton’s
Constitutionally, the President doesn’t have to release returns. It’s not a requirement without a legislative purpose. A memorandum prepared by Assistant Attorney General Steven Engel, who heads the Office of Legal Counsel, should lay the question to rest. OLC sides with the Treasury Department.
“While the Executive Branch should accord due deference and respect to congressional requests, Treasury was not obliged to accept the committee’s stated purpose without question, and based on all the facts and circumstances, we agreed that the committee lacked a legitimate legislative purpose for its request.”
That means that the true aim of the Committees attempts to seize Trump’s tax records was only a pretext and definitely not a legitimate legislative purpose.
— CBS News (@CBSNews) June 14, 2019