ICYMI: The IRS didn’t audit Trump's tax returns during his first two years in office, despite an agency program that mandates scrutiny of every president’s tax information, a House committee said yesterday.
House Ways and Means Chair Richard Neal gavels after the committee takes a vote on whether to release years of former President Donald Trump's tax returns during a hearing on Capitol Hill. | Andrew Harnik/AP PhotoThe IRS didn’t audit the personal tax returns filed by former President Donald Trump during his first two years in office, despite an agency program that mandates scrutiny of every president’s tax information, a House committee said Tuesday.
Only one such examination — that of the former president’s 2016 return — was flagged as a mandatory president audit. And three personal tax returns that Trump filed while in office for tax years 2017, 2018 and 2019 weren’t selected for scrutiny until after he left the White House. “We have no other assurance that the president is following the same laws that the rest of us follow when it comes to paying our taxes and being good fiscal citizens,” Thorndike said. “And if the IRS can’t be relied upon to do this to follow their own rules, I think that is extremely disappointing.”
Following a Supreme Court decision that blocked Trump’s bid to prevent Congress from receiving the information, the committee voted Tuesday evening to release six years of his personal returns and the returns for eight of his affiliated businesses.
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