Trump's tax returns to be discussed by congressional panel

Trump's tax returns to be discussed by congressional panel

SeattlePI.com

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WASHINGTON (AP) — The Democratic-controlled House Ways and Means Committee is expected to vote Tuesday on whether to publicly release years of Donald Trump ’s tax returns, which the former president has long tried to shield.

Committee Chairman Richard Neal, D-Mass., has kept a close hold on the panel's actions, including whether the panel will meet in a public or private session. And if lawmakers move forward with plans to release the returns, it's unclear how quickly that would happen.

But after a yearslong battle that ultimately resulted in the Supreme Court clearing the way last month for the Treasury Department to send the returns to Congress, Democrats are under pressure to act aggressively. The committee received six years of tax returns for Trump and some of his businesses. And with just two weeks left until Republicans formally take control of the House, Tuesday's meeting could be the last opportunity for Democrats to disclose whatever information they have gleaned.

Trump has long had a complicated relationship with his personal income taxes.

As a presidential candidate in 2016, he broke decades of precedent by refusing to release his tax forms to the public. He bragged during a presidential debate that year that he was “smart” because he paid no federal taxes and later claimed he wouldn't personally benefit from the 2017 tax cuts he signed into law that favored people with extreme wealth, asking Americans to simply take him at his word.

Tax records would have been a useful metric for judging his success in business. The image of a savvy businessman was key to a political brand honed during his years as a tabloid magnet and star of “The Apprentice” television show. They also could reveal any financial obligations — including foreign debts — that could...

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