Dems Use NYT Report On Trump's Business Losses As An Excuse To See President's Tax Returns Dems Use NYT Report On Trump's Business Losses As An Excuse To See President's Tax Returns ( IF YOU READ WHAT THE DEMOCRATS ARE SAYING, THEY MADE ANOTHER EXCUSE TO SEE TRUMP'S TAXES ) THE DEMOCRAT PARTY HAS NOTHING AT ALL SO THEY MAKE UP SHIT TO AND IMPEACH TRUMP IT'S REALLY EVIDENT THE DEMOCRATS KNOW THEY HAVE ALREADY LOST THE 2020 ELECTION https://thehill.com/sites/default/files/styles/thumb_small_article/public/trumpdonald_041819gn14_lead.jpg?itok=7C69GBOf Congressional Democrats are seizing on a New York Times article published Tuesday that found President Trump reported more than $1 billion in business losses from 1985 to 1994, saying the report enhances the need for the Trump administration to comply with their request for Trump's recent tax returns. "It does tell us … that it would be useful to see his tax returns," Speaker Nancy Pelosi (D-Calif.) said at an event on Wednesday hosted by The Washington Post. Pelosi noted that the statute under which Democrats requested Trump's tax returns states that the Treasury Secretary "shall" provide requested returns. "It doesn't say 'may,' 'should,' 'could' [or] 'under certain circumstances,'" she said.   The Times obtained copies on Trump's IRS tax transcripts for 10 years in the 1980s and 1990s, which showed business losses of $1.17 billion. The news outlet reported in its article that Trump appeared to have lost more money in that time period than nearly any other American, and that the president only paid income taxes in two of the 10 years. Trump responded to the article on Twitter Wednesday morning, saying that real-estate developers in the 1980s and 1990s, "were entitled to massive write offs and depreciation which would, if one was actively building, show losses and tax losses in almost all cases." He also called the article a "highly inaccurate Fake News hit job!" The Times article was published one day after Treasury Secretary Steven Mnuchin rejected a request from House Ways and Means Committee Chairman Richard Neal (D-Mass.) for Trump's personal and business tax returns from 2013 to 2018.  Neal has said that he expects to decide his next steps by the end of the week, and has signaled that he may go straight to filing a lawsuit rather than first issuing a subpoena for the documents. He told reporters Wednesday that the Times article is "not related to the legality of the case." Rep. Dan Kildee (D-Mich.), a Ways and Means Committee member, said that it seems that during the period of time covered by the Times article, Trump has done "everything he can in his power to avoid paying taxes." "It makes us question whether or not he's continued that practice, and that's one of the reasons we're interested [in his tax returns]," Kildee told The Hill. Rep. Bill Pascrell (D-N.J.), another Ways and Means Committee member, also said that the article shows that Congress needs to see Trump's more recent tax returns. "We now have another part of the truth," Pascrell tweeted shortly after the article was published Tuesday evening. "We need a lot more." Rep. Brad Sherman (D-Calif.), a certified public accountant, said the article raises questions about whether Trump is supporting tax policies that personally benefits him. "It raises the question, is Trump helping guide us toward tax justice, or does he believe it's tax justice that he should pay zero income tax," he told The Hill. Senate Finance Committee ranking member Ron Wyden (D-Ore.) said that the article demonstrates why presidents should be required to release their tax returns. Wyden has offered legislation that would require presidents to do so, and the House passed a wide-ranging ethics bill earlier this year that would require presidents to release 10 years of personal and business tax returns. “Releasing one’s tax returns is the lowest ethical bar for presidential candidates," he said in a statement. Congressional Republicans have opposed Democrats' request for the president's tax returns. The top Republican on the Ways and Means Committee, Kevin Brady (R-Texas), said on Wednesday that the Times story hasn't changed his opinion that Democrats' request for Trump's returns is inappropriate. "It gives [Democrats] no ammunition at all," he said. "I still think this is all part of this rush to impeachment." Democrats also said that the Times report shows that the image that Trump presented during his 2016 presidential campaign of being a successful businessman was a lie. "It certainly, I think, blows up the entire foundation of his career and his image. It should anyway," House Budget Committee Chairman John Yarmuth (D-Ky.) told reporters. ( LINK BELOW ) https://thehill.com/policy/finance/442796-dems-say-new-york-times-article-boosts-need-to-see-trumps-tax-returns