WGXC-90.7 FM
Albany legislators clear way to send Trump state tax returns to Congress
May 23, 2019 12:33 am
Jesse McKinley reports for The New York Times that legislators in Albany May 22 sent a bill to Gov. Andrew Cuomo that would allow Congress to obtain President Donald Trump’s state tax returns. When Cuomo signs the bill as expected, a president's state tax returns to the chairmen of the House Ways and Means Committee, the Senate Finance Committee, and the Joint Committee on Taxation for any “specified and legitimate legislative purpose,” but only with a written request after a request for federal returns has been made to the Treasury Department. “There are no valid constitutional arguments against this legislation,” said David Buchwald, the Assembly sponsor of the bill. “The state has the authority over the statutes when it shares tax return information.” Read the rest of this story in The New York Times.