The Hill article BETHESDA, Md.
— A Republican lawmaker wants President Donald Trump to declassify tax returns for his business empire to show how his family finances his businesses and the Trump Organization.
In a letter to the IRS Commissioner, Rep. Joe Walsh (R-Mo.) said Trump has been withholding the information for years.
“The IRS is required to release the full returns, including any business transactions, tax deductions, and assets and liabilities,” the congressman wrote in the letter obtained by The Hill.
“You have been consistent in refusing to comply.”
In a statement, the White House said Trump will release the returns “if and when appropriate.”
Walsh’s letter follows a similar request last week from a member of Congress.
“I believe that Mr. Trump has complied with the law by withholding the returns for more than 30 years,” Rep. John Conyers (D-Mich.) said in a statement.
“It’s time for the president to put his business holdings in the public domain and release his tax returns to make clear how he funds his family businesses.” “
The IRS has not yet released Trump’s personal tax returns. “
It’s time for the president to put his business holdings in the public domain and release his tax returns to make clear how he funds his family businesses.”
The IRS has not yet released Trump’s personal tax returns.
The White House released a statement last week saying the president would release them “in the future, based on the IRS’s longstanding policy not to release any tax information to the press.”
The White Senate has yet to respond to the congressman’s request.
But the president’s tax filings are now public, which means that even if the IRS refuses to release them, Walsh can force the agency to do so.
The Hill reported in April that Walsh is seeking to force the IRS to release records on Trump’s business empire, which includes real estate, real estate investments, hotels, golf courses, hotels and a spa in Palm Beach, Fla.
In April, the Trump administration announced that the Trump International Hotel and Tower in Miami would be sold to a Chinese company, which would then sell the property to the Trump family.
The administration’s tax returns are now available on the WhiteHouse.gov website.
In the letter, Walsh said the administration “should not be allowed to withhold this information from the public because it does not pose a threat to the nation.”
“Instead, the American people should be given access to this information, which should not only provide more transparency and accountability for the administration but also provide more insight into the President’s financial interests and investments,” Walsh said.
“With this information released, the public can now compare this President to others who have made large financial gains while hiding their assets and finances, thereby helping to put the President in the position to benefit from his Presidency while benefiting his family business.”
Walsh noted that Trump owns three golf courses in Palm Springs, Fla., and five hotels in Miami, which he says have been “the source of his personal wealth.”
“We must be vigilant that these records are released in a timely fashion, as required by law,” he said.