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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Testifying before the House oversight committee on Wednesday, however, Cohen offered a very different explanation. He told Rep. Jimmy Gomez (D-Calif.) that he had asked Trump for copies of the audit to help him talk to reporters about it, but was never able to get them.
“Can you give us any insight into the real reason the president has refused to release his tax returns?” Gomez… Read more »
If Cohen was the undisputed star of the blockbuster hearing, Californians played important supporting roles. The more than 40-member committee also includes Bay Area Democrats Mark DeSaulnier and Ro Khanna as well as Southern Californians Jimmy Gomez and Harley Rouda.
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Cohen also described how Trump repeatedly devalued his business holdings — such as his golf courses — by millions of dollars in order to pay less tax on them. He also said that the reason Trump has refused to turn over his financial records, as all presidents have before him, was because he didn't want "think-tanks that are tax experts" to go through them and "start ripping them to… Read more »
“This is a perfect issue for our committee to look into,” California Rep. Jimmy Gomez, who also sits on the oversight committee, told BuzzFeed News in an interview. “We have a long list of issues, but this one is at the intersection of privacy, civil liberties, oversight, and the scope of this committee.”
Four members of Congress on the House Oversight Committee that BuzzFeed News… Read more »
