How a congressional panel may have already scrutinized Trump's tax returns
by Colin Wilhelm
| March 26, 2019 12:00 AM
A congressional committee may already have seen President Trump’s tax returns, at least for one year.
Former Trump personal attorney Michael Cohen inadvertently raised the possibility that Congress reviewed some of Trump's returns when he testified before the House Committee on Oversight and Reform last month that Trump bragged to him about a $10 million tax refund around the time of the 2008 financial crisis.
As the Trump Organization struggled with the fallout and cut employee salaries, “[H]e showed me what he claimed was a $10 million IRS tax refund,†said Cohen. “And he said that he could not believe how stupid the government was for giving someone like him that much money back.â€
The Joint Committee on Taxation, a nonpartisan committee with members from both the House and Senate, by law must review tax refunds to individuals of over $2 million. The JCT does so to monitor whether tax laws operate in the ways they are intended.
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https://www.washingtonexaminer.com/policy/economy/how-a-congressional-panel-may-have-already-scrutinized-trumps-tax-returns
