Tom Reed: Release of Donald Trump’s tax returns ‘is going to have to be litigated’
Rep. Tom Reed said Wednesday that if House Democrats want access to six years of President Trump’s tax returns, then they will likely have to go to court.
“I do believe this is going to have to be litigated. The Democratic chairman of the Ways and Means Committee is going down this political path of weaponizing the tax code for political purposes,” the New York Republican said in an interview with CNN’s “New Day” show.
Mr. Reed said the tax code allows the Ways and Means committee to view tax return for tax administration and not for “political purposes.”
“That is very clear under the law. ... There is a lot of people who disagree with that assessment, but if you are using this 6103 provisional law for political purposes, it’s clear to me that’s not what the intent to Congress was.”
Ways and Means Committee Chairman Rep. Richard Neal requested last Wednesday for the IRS to release Mr. Trump’s tax returns from 2013 to 2018.
The letter read, “Under the Internal Revenue Manual, individual income tax returns of a President are subject to mandatory examination, but this practice is IRS policy and not codified in the Federal tax laws.”
When asked about the request, Mr. Trump said he’s “always under audit, it seems,” and added, “Until such time as I’m not under audit, I would not be inclined to do that.”