Members of the House Ways and Means Committee, which has the authority to subpoena Trump's tax returns, on Thursday called on Chair Richard Neal (D-Mass.) to move forward with demanding their release. "He brought out many situations where the tax returns are the only answer," Rep. Bill Pascrell (D-N.J.), who sits on the House Ways and Means Committee, told ABC News. "It's time,"… Read more »
Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Rep. Jimmy Gomez (D-Calif.) used their time questioning the president's former personal lawyer to uncover more details about Trump's unusual finances and tax-related claims, which some experts believe to be evidence of bank and tax fraud. Gomez homed in on Trump's claim that his tax returns are under audit by the IRS and… Read more »
During Wednesday's hearing, Rep. Jimmy Gomez, D-Calif., asked Cohen if he could provide any insight "into what the real reason is that the president has refused to release his tax returns." "The statement that he said to me," Cohen replied, "was that what he didn't want was to have an entire group of think tanks that are tax experts run through his tax return and start ripping it to… Read more »
Asked by California Rep. Jimmy Gomez (D) what Trump had told Cohen about why he didn't want to release his tax returns, Cohen offered up this answer -- which is FAR different from the White House's official line that he cannot release the returns because he is under audit. According to Cohen, Trump was worried about being under audit if his returns were released and picked through.… Read more »
Rep. Jimmy Gomez (D-Calif.) dug in with a few questions about Trump’s tax returns, which the president has infamously refused to release to the public. Trump has repeatedly claimed to be under audit and has said his financial advisers strongly recommend he not share his tax information.
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When Rep. Jimmy Gomez (D-Calif.) asked Cohen if he knew whether Trump's tax returns were actually under audit in 2016, Cohen replied, "I don't know the answer."
"I asked for a copy of the audit so that I could use it in terms of my statements to the press, and I was never able to obtain one," Cohen said during his testimony Wednesday at the House Oversight and Reform Committee.
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Soon after, Cohen told Rep. Jimmy Gomez (D-CA) he did not know whether Trump’s long-standing excuse for obscuring his tax returns (that he was under audit) was true, saying Trump told him that he didn’t want “an entire group of think tanks… ripping it to pieces and then he’ll end up in an audit. … I presume he wasn’t under audit.”
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While much of the hearing was rife with grandstanding and useless monologues from members of both parties, questions from Reps. Katie Hill (D-CA), Jackie Speier (D-CA), Raja Krishnamoorthi (D-IL), Jimmy Gomez (D-CA), and Alexandria Ocasio-Cortez (D-NY) homed in on Cohen’s long history of lying for the president, threatening perceived enemies, and alleged tax fraud and campaign finance… Read more »
Jimmy Gomez, another California Democrat, asked if Trump was even being audited on this taxes – the supposed reason why the president hasn’t released his tax returns for public scrutiny.
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Next up, another Golden State Democrat, Rep. Jimmy Gomez, who, unlike the GOP committee members, asked questions about Trump’s tax returns that Cohen could not answer.
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