New York Gov. Andrew Cuomo (D) signed a bill on Monday that would allow New York’s tax authority to hand over state tax returns to the U.S. Congress.
Now here’s someone that gets it. He needed his legislature to move on something and he’s making it happen.
If NY can release the State Tax returns, it’s only the beginning of the end for Trump and his cabal.
Ruh Roh
First the Raygun/Toadglans and now this?
I think TPM is reading my posts and then forming them into their own posts.
How do I contact that weird-ass bot thing to demand a cut?
…if it weren’t for those meddling kids!
War with Iran anybody?
I’m hearing the music from Jaws as the shark gets closer to its prey.
except that the bill was passed in May, and Cuomo is just now signing it.
And Cuomo still hasn’t signed the “no double jeopardy” law that was passed around the same time.
ETA: Not to mention the fact that Neal said last June that he wasn’t planning on asking for the NY State returns — as if being able to compare state and federal returns is irrelevant to whether the IRS is doing a good job auditing federal returns.
All the trouble various different state governments and congress have gone to just to possibly make tRump’s taxes available. What road block will be put up for this one from NY State?
One might think, with all the stonewalling, that someone has something to hide.
Ellen Brody: “I believe there is a term for it—…”
Brody: “DROWNING”
Oh Tay, Spanky!!
I’m more curious about where Trump will try to put up roadblocks, and how he intends to do it.
Best guess is that he’ll go the state court route first, then switch over to the Federal courts once he loses in the State courts. (it would be funny if New York State attached his returns to any public pleading in the case as an exhibit)
Big question – if Neal does ask for the returns, does the request have to be made public prior to its being fulfllled?
Okay House Dems — requests Don the Con’s New York tax returns today. No stalling. Make the request in private. Do it.
Now if he could sign another bill enabling us to find out how he really did at Fordham before he transferred to UPenn, which he just claimed getting into makes him a “genius” because it’s the “hardest school to get into”…as opposed to, oh, say, Harvard, Yale, MIT, CalTech…
Maroon!
Trump has zero to hide, so he’ll preempt NY by releasing his state tax returns right away.
Problem is, they’re not in session. Don’t think they’re back till the 15th. That’s one of the problems with 2 weeks on, 1 week off, or something like that.
At this point in time, does the state of New York actually have possession of genuine verifiable copies of the full tax documents?
and … if the world knows this … and Donald Trump knows this … it only take a little bit of contemplation to recognize that Trump is potentially only a few computer key strokes / one surreptitiously passed thumb-drive away from having his entire detailed financial picture scrolling on the Jumbotron in Times Square - and readily search-able on about 1000 different sites.
… whether it gets released or leaked - may not matter as much as the very thought that it could be - and the impact of that ever-present potential weight on Trump’s paranoid brain every second of every hour of every day … Trump is already wound excessively tight - way too tight - knowing that his demise could come at any second - and is entirely beyond his control … well - this will fry his circuits
committee business can, and does, go on when the House proper is not in session.
And the law in question requires only action by the committee chair, which AFAIK can be taken unilaterally since all the NY law requires is a request.
no. These are New York State returns. They will have some information that appears on the Fed returns (like federal taxes paid) but hrump does not submit his federal returns with his state income tax returns.
Below is a part of the information required (page 2 of IT-201)
1 Wages, salaries, tips, etc. … 1 .00
2 Taxable interest income … 2 .00
3 Ordinary dividends … 3 .00
4 Taxable refunds, credits, or offsets of state and local income taxes (also enter on line 25) … 4 .00
5 Alimony received … 5 .00
6 Business income or loss (submit a copy of federal Schedule C or C-EZ, Form 1040) … 6 .00
7 Capital gain or loss (if required, submit a copy of federal Schedule D, Form 1040) … 7 .00
8 Other gains or losses (submit a copy of federal Form 4797) … 8 .00
9 Taxable amount of IRA distributions. If received as a beneficiary, mark an X in the box … 9 .00
10 Taxable amount of pensions and annuities. If received as a beneficiary, mark an X in the box 10 .00
11 Rental real estate, royalties, partnerships, S corporations, trusts, etc. (submit copy of federal Schedule E, Form 1040) 11 .00
Federal income and adjustments (see page 16) Whole dollars only
Your social security number
New York subtractions (see page 18)
Standard deduction or itemized deduction (see page 21)
34 Enter your standard deduction (table on page 21) or your itemized deduction (from Form IT-196)
Mark an X in the appropriate box: Standard - or - Itemized 34 .00
35 Subtract line 34 from line 33 (if line 34 is more than line 33, leave blank) … 35 .00
36 Dependent exemptions (enter the number of dependents listed in item H; see page 21) … 36 000.00
37 Taxable income (subtract line 36 from line 35) … 37 .00
12 Rental real estate included in line 11 … 12 .00
13 Farm income or loss (submit a copy of federal Schedule F, Form 1040) … 13 .00
14 Unemployment compensation … 14 .00
15 Taxable amount of social security benefits (also enter on line 27) … 15 .00
16 Other income (see page 16) Identify: 16 .00
17 Add lines 1 through 11 and 13 through 16 … 17 .00
18 Total federal adjustments to income (see page 16) Identify: 18 .00
19 Federal adjusted gross income (subtract line 18 from line 17) …