President Trump's personal tax records could soon be made public

New York Gov. Andrew Cuomo speaks at the Lesbian Gay Bisexual & Transgender Community Center on June 10 in New York

Andrew Cuomo on Monday signed legislation requiring state officials to hand over President Donald Trump's tax returns upon request from congressional committees, providing House Democrats another avenue to obtain financial information the White House has refused to release.

The law, which takes effect Monday, requires the state's tax commissioner to provide NY state tax returns to Congress upon request from the House Ways and Means Committee, the Senate Finance Committee, or the Joint Committee on Taxation and mandates the removal of any federal tax information that might appear on state returns.

Cuomo said the bill would help Congress to "fulfill its Constitutional responsibilities, strengthen our democratic system and ensure that no one is above the law".

Democrats have been seeking to obtain six years of the president's personal and business tax returns since April, but the administration has blocked repeated requests using a federal law, which the NY measure mimics, and subpoenas.

Created to give Congress a way around the Republican president's refusal to release his returns, the new law is expected to face legal challenges.

The new law went into effect immediately.

California congressman Eric Swalwell withdraws from 2020 presidential race
Swalwell's polling numbers never broke out from the crowded field of more than 20 candidates. Swalwell, however, wasn't able to break through in the crowded primary.

The new law allows House Ways and Means Committee Chairman Richard Neal of MA to request Trump's NY tax returns as he continues to fight for the president's federal tax returns in court. Trump has claimed that ongoing IRS audits have stopped him from making his tax returns public, even though audits don't prevent individuals from releasing tax returns. "Consistent with this tradition, New York State now stands ready to assist Congress, including as it challenges the Trump administration's refusal to provide the president's tax returns", said David Buchwald, a state assemblyman who spearheaded the new law. And it's unclear whether Congress will request access to Trump's state returns, which tax experts say would include numerous same details as his federal return.

"We don't have jurisdiction over NY taxes", Neal told Bloomberg in June.

If Congress does request and obtain Trump's state tax returns, that doesn't mean the public gets to see them.

"I don't want to head into 2020 without Americans and New Yorkers. knowing more about Trump's secret business dealings", Hoylman said. Neal is already pursuing Trump's federal returns and has threatened to go to court in order to get the administration to comply.

"We will respond to this as appropriate", he said in a statement.

New York's state legislature has had a Democratic majority in both the House and the Senate since Democrats won control of the Senate in 2018.

Related News:



Most liked

Dollar Regains Footing as Bets on Aggressive U.S. Rate Cuts Fade
Morgan Stanley cut its rating on equities to "underweight", based on an assessment of the pluses and minuses of a rate cut. President Donald Trump's recent statement about an upcoming executive order that would lower prescription drug prices.

Serena Williams sends ominous warning to her Wimbledon rivals
However, she added that every match is super hard. "I can't tell you how much better I feel. that's a victory in itself". Suarez Navarro slipped trying to retrieve the ball to go match-point down, then mis-hit a backhand to concede defeat.

CannTrust broke rules, grew in unlicensed rooms
CannTrust stock dropped nearly 17 per cent at $5.38 in Canadian trade this morning. Health Canada said the company has 10 days to respond to the inspection report.

Eye drops, ointments sold at Walgreens recalled amid sterility concerns
The complete list of all products that have been recalled can be found here . Several Perrigo prescription ointments were also recalled.

New Trump Attack on Media Has Surprise Target
That's his way of saying he's responsible for the network's success and they should thank him with fawning coverage. Trump also went after Fox News in a three-tweet barrage-or at least the network's weekend crew.

Microsoft’s Windows 1.11 is an Upside Down mess
While the product page of the new Windows 1 .11 is live, the app will be available for download starting July 8. It started with a tweet that announced Windows 1.0 " with MS-Dos Executive, Clock, and more! " .

Iran open to diplomacy to save deal, but has 'no hope'
The agency said the inspectors would report to its headquarters in Vienna "as soon as they verify the announced development". US President Donald Trump warned Iran on Sunday (July 7) over its imminent breach of a uranium enrichment cap.

See Sophie Turner's Wedding Ring
Sophie Turner has treated the world to the first glimpse of her wedding band - and it's as sparkly as her engagement ring . The "Game of Thrones" star had a v-neck, lace sleeves, cut-out back gown with a matching veil.

Ecstatic with where I'm at with my cricket, reveals Jason Roy
England will qualify for their first World Cup final since 1992 if they can overcome the defending champions at Edgbaston on Thursday, live on Sky Sports Cricket .

Workers Plan Strike On "Prime Day"
The Shakopee Amazon warehouse has about 1,500 full-time employees and about 30 per cent of them are East African. European Amazon warehouse workers went on strike during Prime Day 2018 with similar demands.

Black Music Fest Halts Double-Price Tickets for Whites After Uproar
Meanwhile, Tiny Jag says she's down with equality but she doesn't agree with the festival's method. But on Sunday, they reversed it, citing safety concerns over "threats from white supremacists".

Google is reportedly testing a play/pause button for the Chrome browser toolbar
If you wish to test the Global Media Controls feature, you can enable it by going to chrome://flags and searching for global . Means: you can control the playback of media right from there without having to switch to the video tab first.

Disney releases first teaser for Mulan's live-action reboot
Now isn't the time for live-action Disney fatigue, since the teaser for 2020's Mulan is here to stir up your excitement once more. As depicted in the original 1998 animated Disney film, Hua Mulan took the place of her father and brother in the Chinese army.

Airbus and Mobile-built jet benefit from first Boeing 737 Max defection
It was reconsidering the order after two MAX aircraft fatally crashed in Ethiopia in March and Indonesia in October. Moreover, 737 Max 8 jet flies approximately 50 nautical miles, which is significantly more than A320 Neo.

Horse race bet with William Hill
How to place a bet To place your wager/bet, all you need is to provide the appropriate information to the ticket writer. Simply you just have to pay £1horse bet and you can easily watch the live horse racing broadcast on your device.