Lawmakers urge support for legislation enabling release of President Trump’s state tax return
May 10, 2019 06:58 PM
New York state lawmakers are considering legislation that would enable Congress to access the president's New York state returns.
The Senate already passed a related bill this week. It's called the "Trust Act." Now, the Assembly needs to also pass it in order for things to move forward.
Some local lawmakers rallied at the Capitol on Friday to get their colleagues to agree immediately. The event included some local assemblymembers and community action groups urging their colleagues to pass the "Trust Act" as soon as possible.
The legislation will allow the state to release any state tax returns requested by Congress. It also allows state prosecutors to bring charges against some people who have received presidential pardons.
The president has refused to release his tax returns to the public, despite pressure from Democrats in Congress.
The New York Times reports Donald Trump's businesses lost more than $1 billion from 1985 to 1994.
The Times reports he lost so much money he didn't have to pay income taxes for eight of those 10 years.
The president disputes those claims but has not released any returns.
Local Assemblywoman Pat Fahy says the president is not above the law. She added that it's unprecedented to have a president not disclose their returns.
"For two years or more now, we've heard about audits. I think we're now coming to the realization that this is not about being audited. It is about a president who is refusing to comply with the requests from Congress."
NewsChannel 13 also reached out to Assembly Minority Leader Republican Brian Kolb, he says:
"We have enough homegrown problems to focus on before we waste one second on more political grandstanding. New York has some of the highest, most oppressive taxes in America and people are leaving in droves because of it," said Kolb.
Created: May 10, 2019 06:58 PM
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