Democrats are planning to conduct a thorough investigation of President Donald Trump's finances when they take over the House of Representatives next year -- and they have a plan in place to obtain decades' worth of the president's tax returns.
In an interview with the Washington Post, Rep. Bill Pascrell Jr. (D-NJ) says that he wants to get several years' worth of Trump's taxes to have a truly comprehensive picture of his finances.
Specifically, Pascrell says that he'd "like to go back 15 to 20 years, and I don’t say that haphazardly, because we want to know how involved he was" in certain shady business deals.
According to the Post, Democrats plan on using "a little-known 1924 provision in the Internal Revenue Code" that requires the treasury secretary to deliver the tax returns of any individual if requested by the chairman of the Ways and Means Committee, the Senate Finance Committee or the Joint Committee on Taxation.
The Trump administration would likely challenge this in court and demand that Congress deliver a legal justification for what would essentially be a subpoena of the president's taxes.
However, Pascrell says that Democrats have their bases covered there as well, as they plan to cite "potential conflicts of interest" posed by the president's foreign business dealings, as well as concerns that transactions that foreign governments have with his businesses could violate the Constitution's emoluments clause.
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