Reply to 8 Years of Trump Tax Returns Are Subpoenaed by Manhattan D.A.

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[quote=Anonymous][quote=Anonymous]I know it was just custom and not law that we see the taxes of candidates, but is it law that we see the taxes of Presidents (*)?[/quote]
It’s understandably confusing because there are so many different things going on with his taxes.

This thread involves a subpoena by the Manhattan district attorney who wants to see Trump’s taxes because they’ve been investigating and think there are illegal things going on in them. I think there is also a similar, separate investigation going on by the New York State Attorney General.

You are correct that it’s only tradition that calls for presidential candidates to release their tax returns, not a law.

There is a federal law, however, that if the head of the House’s Ways & Means committee asks to see someone’s - anyone’s - tax returns, the IRS shall turn them over. Rep. Neal has requested them and Mnuchin said no. There is separate litigation going on over that.

There is also a federal law that says that the tax returns of the president and vice president need to be audited by the IRS. There is a whistleblower in the IRS who has come forward with a complaint to the Treasury IG that says that someone in the IRS is interfering in that process.

There is also a tradition, not a law AFAIK, that current presidents release their tax returns, once audited, for the years when they are in office. That obviously is not happening.

Hope this helps![/quote]

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