Except thatās not a requirement for Presidentā¦itās a requirement for Presidential Candidateā¦a minor difference, but a difference all the sameā¦just like the Constitution doesnāt require registering in states to run in primaries, but candidates have to do it all the same.
The original bill had already been cleared in a cloture vote. Reconciliation is one of the āfew exceptionsā since it only modifies a bill that has already passed through the normal process.
When Nixon faced subpoenas during Watergate, the Supreme Court expedited the cases. Nixon was unable to tie the matter up for years.
Since Trump is a hugely successful and honest businessman, only being attacked by sufferers from TDS, why wouldnāt he settle the whole matter by releasing his tax returns. Theyāll be fine and everyone will move on.
Trump is chasing to drag this out. Can anyone think of a reason why? Help me out here.
So youāll be required to release tax returns in order to be make the statement āVote for me for presidentā (1st amendment issues?)
Or, is that different from being a āpresidential candidateā? What exactly is this āpresidential candidateā status that congress is trying to regulate. What are the current requirements (and benefits) from having that status?
(f) Disclosure to Committees of Congress (1) Committee on Ways and Means, Committee on Finance, and Joint Committee on Taxation Upon written request from the chairman of the Committee on Ways and Means of the House of Representatives, the chairman of the Committee on Finance of the Senate, or the chairman of the Joint Committee on Taxation, the Secretary shall furnish such committee with any return or return information specified in such request, except that any return or return information which can be associated with, or otherwise identify, directly or indirectly, a particular taxpayer shall be furnished to such committee only when sitting in closed executive session unless such taxpayer otherwise consents in writing to such disclosure.
(2) Chief of Staff of Joint Committee on Taxation Upon written request by the Chief of Staff of the Joint Committee on Taxation, the Secretary shall furnish him with any return or return information specified in such request. Such Chief of Staff may submit such return or return information to any committee described in paragraph (1), except that any return or return information which can be associated with, or otherwise identify, directly or indirectly, a particular taxpayer shall be furnished to such committee only when sitting in closed executive session unless such taxpayer otherwise consents in writing to such disclosure.
The law is very, very clear and has been used numerous times since 1924 to get tax returns from many different types of taxpayersā¦