On Wednesday, Sen. Chuck Grassley raised concern regarding how NYT was able to get hold of Donald Trump’s tax data which is to be kept confidential. The Senate Finance Committee also said on a conference call including Iowa reporters that whoever did this has violated the law.
The New York Times in the news declared on Sunday night stated its journalists had collected and examined income tax return information of Trump as well as his businesses for over two decades. It also said that would give more details about the same in the next report, but so far it shows that the president of the US is going through a lot of losses and it shows small tax bills.
Donald Trump had denied earlier to publish his tax returns saying it is under audit and he has also declined the New York Times article as fake news. However, still, he has not shown any indication of releasing his actual ones to support his statement.
Sen. Chuck Grassley on September 30 guided to section 6103 of the Internal Revenue Code, which administers the disclosure and confidentiality of tax returns and all the information related to return by the Internal Revenue Service. He would like to know how the information leaked and was available to the Times.
The senator also stated that Donald Trump’s statements show “millions of dollars” paid in income taxes than the indicated amount as $750 per year in 2016 as well as 2017 in the New York Times.
“If you owe taxes, you’re going to pay those taxes,” he said. “Because there’s nothing more certain — as you’ve heard many times — in this world than death and taxes.”
The New York Times has not published the tax records themselves. Dean Baquet, the Executive Editor, said in a note that the NYT would not be publishing the papers because it does not want to imperil its sources.