On Monday the new York Gov Andrew Cuomo had signed a new law that state tax officials release certain federal officials’ tax returns if the House Ways and Means Committee, Senate Finance Committee, or Joint Committee on Taxation ask for them.
New York’s new law directs the state tax commissioner to provide congressional committees any private tax information they request, so long as they have already asked for federal returns like Neal did for Trump’s taxes in April.
Federal law gives the chairs of congressional tax committees the right to ask the Internal Revenue Service for anyone’s tax information, but the Trump administration has refused Neal’s request, claiming it would violate the president’s privacy and describing it as an abuse of power. It’s the first time an administration has ever refused to comply with the tax disclosure law, which Congress enacted in 1924 to expose executive corruption.
Hoylman described New York’s new law as “a constitutional safety hatch to immediately obtain Donald Trump’s state taxes” before the next presidential election.
“I don’t want to head into 2020 without Americans and New Yorkers … knowing more about Trump’s secret business dealings,” Hoylman said.
Trump is the first president in more than 40 years to refuse to disclose private tax information, and also the first not to put his business assets in a blind trust.