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Pelosi says House Democrats will start seeking Trump tax returns

Expected House leader plans to ‘take first steps’ in January

By ALAN FRAM, Associated Press
Published: December 13, 2018, 9:55pm

WASHINGTON — Democrats controlling the House next year will start trying to obtain President Donald Trump’s income tax returns from the Internal Revenue Service, the likely next speaker said Thursday.

But Nancy Pelosi, D-Calif., expected to lead the House when the new Congress starts in January, said she believes the White House will fight the request, “so the question is where do we go from there.”

Pelosi’s comments reflected Democrats’ struggle to balance liberal voters’ antipathy and suspicions of Trump against the likelihood of a long legal struggle and uncertain political gains.

Trump, a wealthy real estate baron, shunned decades of tradition by presidential candidates and refused to release his tax returns during his 2016 campaign. He said he was being audited, even though IRS officials have said taxpayers under audit are free to release their returns.

The law says the chairs of three congressional committees can request tax returns and the Treasury secretary “shall furnish” them for panel members to review privately.

Pelosi told reporters that the House Ways and Means Committee “will take the first steps” toward obtaining the documents.

Democrats would love to explore numerous questions about Trump’s personal financial webs.

Those questions include whether there are conflicts of interest between his companies and his presidential actions, whether he’s properly paid taxes and whether he benefited from last year’s mammoth, Republican-written tax bill.

Even so, a court battle over the request could take years to resolve.

Democrats have said the first bill they introduce next year will include language requiring presidents to release their tax returns.

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