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May 8, 2019
05/19
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irs. >> yes. so i think there are a number of people who have portions of trump's tax returns and other financial data, and i think some of that's going to begin to slip out, and i'm sure that suzanne and russ have more bullets that they're going to be firing in the future. it makes me wish i was not a pensioner but still at "the new york times." >> suzanne, you make the point on your sourcing that your source legally possesses these documents. was in legal possession of the documents. >> yeah. >> and david's just given us a sense of how broad that can be. i began the night, john, believing this stuff only existed inside the irs, but this is why david kay johnston's here. >> you get a tax transcript. so there are a variety of people, like, many millions of americans at some point in their life have applied for a tax transcript or given permission for someone to look at a tax transcript. the number of transactions that donald trump's been involved in, it wouldn't surprise me if there are dozens on
irs. >> yes. so i think there are a number of people who have portions of trump's tax returns and other financial data, and i think some of that's going to begin to slip out, and i'm sure that suzanne and russ have more bullets that they're going to be firing in the future. it makes me wish i was not a pensioner but still at "the new york times." >> suzanne, you make the point on your sourcing that your source legally possesses these documents. was in legal possession of...
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May 23, 2019
05/19
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have you told the irs not to respond to the request? >> again, i just said the irs independently wrote a letter concurring -- >> let me reclaim my time couple of give me a yes or no? i don't understand the question. >> okay. you won't give me a yes or no. >> it was a very simple question. did you tell the irs commissioner not to respond to chairman kneel's request for the trump tax returns whfrl the trump cabinet members are afraid of the truth in a yes or no question, they ask to repeat the question. and then they keep running away from the answer. i've shown that you before. we've seen with it the attorney general william barr. we've seen him do that. now we've seen secretary mnuchin do that. he did not say no. that leaves only one logical possibility. yes. yes, he did. tell the irs commissioner not to respond to chairman neil's demand. and that is another instance of the treasury secretary violating the law. joining us now is the tax attorney in private practice who was the trial attorney in the office of the chief counsel of the int
have you told the irs not to respond to the request? >> again, i just said the irs independently wrote a letter concurring -- >> let me reclaim my time couple of give me a yes or no? i don't understand the question. >> okay. you won't give me a yes or no. >> it was a very simple question. did you tell the irs commissioner not to respond to chairman kneel's request for the trump tax returns whfrl the trump cabinet members are afraid of the truth in a yes or no question,...
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May 9, 2019
05/19
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they can request the summary from the irs. some people may keep the tax returns and request a transcript. sometimes lenders will request a transcript. if you get a mortgage, the mortgage company wants to see what your earnings are. they may ask you to get a transcript and give it to them. >> it can show many years of tax returns rather than just a single stack of paper. >> you can get a bunch of them and put them all together. >> the accuracy of those transcripts? >> when you think about the time period in question here, it's the mid-1980s and mid-1990s. most places filed by paper in those days. they would transcribe those returns and put them in readable form. they were typically keypunched twice, either by the same person or two different people keypunching it. it was all the data on tax base so it was used for every person. >> congressman doggett, the deadline has come for chairman neal to decide which way to proceed. he has indicated he will decide soon, within the next day or two. is it most likely going to be, chairman n
they can request the summary from the irs. some people may keep the tax returns and request a transcript. sometimes lenders will request a transcript. if you get a mortgage, the mortgage company wants to see what your earnings are. they may ask you to get a transcript and give it to them. >> it can show many years of tax returns rather than just a single stack of paper. >> you can get a bunch of them and put them all together. >> the accuracy of those transcripts? >>...
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May 7, 2019
05/19
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it's what the rest of us have to do to the irs. we're not in public life like president trump is. >> to the extent you could divine a purpose to this law since it was passed in the wake of the teapot dome scandal, it was actually a law passed specifically in response to corruption, perceived coruption at the presidential administration level and so the committee actually, the chairman of the committee wanting to see anyone in the administration's tax returns for possible corrupt purposes, corrupt investigations of corruption is exactly what it was designed to do. >> correct. this is the purpose of the law. the purpose of the law is to allow congress to make sure there isn't corruption going on. it was passed in the 20s in the wake of scandals including teapot dome at the time there was a law to allow the president to obtain anyone's tax returns for any reason upon the president's request and designed to empower congress to have the co-equal power. so this is really a balance about powers between congress and the president and a res
it's what the rest of us have to do to the irs. we're not in public life like president trump is. >> to the extent you could divine a purpose to this law since it was passed in the wake of the teapot dome scandal, it was actually a law passed specifically in response to corruption, perceived coruption at the presidential administration level and so the committee actually, the chairman of the committee wanting to see anyone in the administration's tax returns for possible corrupt purposes,...
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May 11, 2019
05/19
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the chairman of the ways and means committee in the house subpoenaed the treasury department and the irs for six years of donald trump's personal and business tax returns. chairman richard neal said while i do not take this step lightly, i believe this action gives us the best opportunity to succeed and obtain the requested material. chairman neil gave the agencies until may 17th to produce trump's tax records. he's expected to go to court after that. subpoenas are one of a growing number of tools democratic lawmakers are using or considering to force the trump administration's hands. there's the money threat, house intelligence chairman adam schiff floated a new idea for enforcing subpoenas. fine officials who ignore them. >> i think it's far more practical to consider levying individual fines on the person, not on the office until they comply. courts use that practice. i think it's quite successful. >> you're talking about a big number? >> yes, yes. well, you could fine someone $25,000 a day until they comply. >> can you do that? >> we can do that. if there's going to be this across-th
the chairman of the ways and means committee in the house subpoenaed the treasury department and the irs for six years of donald trump's personal and business tax returns. chairman richard neal said while i do not take this step lightly, i believe this action gives us the best opportunity to succeed and obtain the requested material. chairman neil gave the agencies until may 17th to produce trump's tax records. he's expected to go to court after that. subpoenas are one of a growing number of...
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May 15, 2019
05/19
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wayne lapierre is now in probably bigger trouble with the irs because according to tax law, the hundreds of thousands of dollars in clothing that wayne lapierre grabbed out of that store in beverly hills is considered regular income to wayne lapierre, $274,000 of regular income. and surely, wayne lapierre is very unlikely to declare that as income on his tax returns. so wayne lapierre is probably in very, very deep tax trouble now. then comes the law firm that has represented the nra for years. today in the "daily beast" betsy woodruff reports the nra has been paying an outside law firm $100,000 a day. none of the legal experts who have studied the billing can understand it. $100,000 a day. that's just off the charts, said deborah rhode, a legal ethics expert from stanford law school. the law firm sells itself as a multitasking law firm and includes in its list of skills crisis management and now the nra's law firm's outrageous billing has delivered a new crisis to the nra which no one can manage. the new york state attorney general is investigating all of this for violations of new york
wayne lapierre is now in probably bigger trouble with the irs because according to tax law, the hundreds of thousands of dollars in clothing that wayne lapierre grabbed out of that store in beverly hills is considered regular income to wayne lapierre, $274,000 of regular income. and surely, wayne lapierre is very unlikely to declare that as income on his tax returns. so wayne lapierre is probably in very, very deep tax trouble now. then comes the law firm that has represented the nra for years....
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May 4, 2019
05/19
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monday's deadlines, it's the irs deadline. that's a statutory deadline. there's the contempt deadline. there's cohen turning up to primp, the original deadline for the deutsche bank subpoenas. all of this stuff is coming through. don mcgahn's document subpoena is due on tuesday. >> and it's michael cope's day that he has to report. so much going on on monday. you make a good point. it feels like the democrats are playing to one guy named john roberts. if any of this ends up in the supreme court, they may want to have shown we dotted every i and t. we weren't out to get this guy. we had no choice. >> i think that's exactly right. and you have to balance that at some point. clearly, what the president is doing, which is just exactly what nixon was doing in '74 is playing for time. try to delay, try to delay, try to delay. hope some other eventuality pops up that makes the delay worth it. the democrats are allowing those delays to happen. at some point those two interests diverge and the democrats will decide to finally drop the hammer. >> as somebody that i
monday's deadlines, it's the irs deadline. that's a statutory deadline. there's the contempt deadline. there's cohen turning up to primp, the original deadline for the deutsche bank subpoenas. all of this stuff is coming through. don mcgahn's document subpoena is due on tuesday. >> and it's michael cope's day that he has to report. so much going on on monday. you make a good point. it feels like the democrats are playing to one guy named john roberts. if any of this ends up in the supreme...
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May 18, 2019
05/19
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redding at the irs. the question is, what we're going to do about it. the situation hasn't changed since the republicans covered up the tax returns for two years despite my efforts to get them. it hasn't changed since i talked with mr. mnuchin in march on the 14th. what we really got was the message from mick mulvaney that never would we receive these returns. my concern is we move promptly and expeditiously. this white house will only understand a credible deterrent. i believe that credible deterrent and you talked about it very effectively earlier this week in your program is the use of inherent contempt that without doing that, we're going to a court seeking civil could be tempt and they know this will wind through the courts even if we get an expedited hearing. this white house will resist unless it faces the kind of thing that you've mentioned that sam irvin said back in 1973 that if they didn't show up, they would find themselves in jail. i think jail or fines are what need to be used against an administration so determined to wall off any public
redding at the irs. the question is, what we're going to do about it. the situation hasn't changed since the republicans covered up the tax returns for two years despite my efforts to get them. it hasn't changed since i talked with mr. mnuchin in march on the 14th. what we really got was the message from mick mulvaney that never would we receive these returns. my concern is we move promptly and expeditiously. this white house will only understand a credible deterrent. i believe that credible...
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May 21, 2019
05/19
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you don't need to be a lawyer to read that law and the law says that the irs shall with no conditions no ways out shall provide this. by the way, we can have a debate whether that's a smart law or not. that's what a democracy does. today the law says shall and so it's just another example of the administration using process, using the courts which are designed to protect the innocent and to make sure our liberties aren't stamped on to in this case protect a president whose behavior has been corrupt. we will win in the end but make no mistake, the strategy of the white house here is to draw this out for as long as possible to keep as much averse information from eamericaing before the 2020 election. >> jill wine-banks, the judge cited your work in the watergate investigation today and other investigations and it -- if this ruling holds, the trump delay by blocking every subpoena strategy collapses. >> it does. and it's about time because i think he's really gone way too far now with the total stonewalling. it's one thing to stonewall on the mueller investigation. but now he's stonewall
you don't need to be a lawyer to read that law and the law says that the irs shall with no conditions no ways out shall provide this. by the way, we can have a debate whether that's a smart law or not. that's what a democracy does. today the law says shall and so it's just another example of the administration using process, using the courts which are designed to protect the innocent and to make sure our liberties aren't stamped on to in this case protect a president whose behavior has been...
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May 2, 2019
05/19
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you're listening could you please get donald trump's tax returns and then china responds by hacking the irs and getting material and distributing it and the candidate says thank you, i love china for doing that. it is -- it's a very disconce disconcerting thing she's laying out. >> it was the most perfect illustration of where we are and what william barr is willing to accept in the new standards. >> honestly, what the congress and particularly republicans in congress are willing to accept as behavior that wasn't charged for whatever reason and is therefore okay. i mean, if the result of the mueller report is that all of the criminal and wrong and distressing behavior described in it is all validated and in some cases celebrated because it wasn't criminally charged, then what secretary clinton just described in terms of that public overture to chooz hackers is absolutely what we should not only expect but people seeing candidates you know, contend with one another, compete with one another in order to get their first. that's a salient point. it's important both for barr and for mueller but
you're listening could you please get donald trump's tax returns and then china responds by hacking the irs and getting material and distributing it and the candidate says thank you, i love china for doing that. it is -- it's a very disconce disconcerting thing she's laying out. >> it was the most perfect illustration of where we are and what william barr is willing to accept in the new standards. >> honestly, what the congress and particularly republicans in congress are willing to...
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May 28, 2019
05/19
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. >> you need more irs personnel. >> we need generally. but the ultrawealthy on this tax, remember, this is just the 75,000 richest families in america. says for those folks, there's going to be a stepped up audit procedure. you just keep collecting it on a regular basis. you had this much last year and saying you don't have this much this year, what happened. but remember on this, yeah, it's going to take a little paperwork. it's going to take getting people to do the valuations. but at the end of the day, it's about saying we've got to be more equitable in the distribution of what it takes to run this country and how this country builds opportunity and all throw in one more. about how we think about democracy. you know, part of what i keep talking about a lot is washington works great if you're rich. look at the tax code. washington works great if you already can hire an army of lobbyists and an army of lawyers and an army of bought and paid for experts. it's just not working for anyone else. we can't give up on that. we've got to say, w
. >> you need more irs personnel. >> we need generally. but the ultrawealthy on this tax, remember, this is just the 75,000 richest families in america. says for those folks, there's going to be a stepped up audit procedure. you just keep collecting it on a regular basis. you had this much last year and saying you don't have this much this year, what happened. but remember on this, yeah, it's going to take a little paperwork. it's going to take getting people to do the valuations....
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May 17, 2019
05/19
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the irs and treasury said no, they won't hand over the taxes. the subpoena deadline 5:00 p.m. eastern tomorrow. we'll see what happens. i'm honestly looking forward to seeing what happenses in responseing to this court order from judge emmitt sullivan today ordering is portions of the unredacted mueller report be made public. i'm really looking forward to see the white house freak over that. that does it for us tonight. we'll see you again tomorrow. now it's time for "the last word with lawrence o'donnell." >> it was unredacted day a little bit. i mean, and really powerfully interesting new information to put it mildly that was unredacted in that court filing. > yeah, the flynn stuff about what flynn cooperated on and then just like the follow-up rulings from the judge oh, and by the way, i want the recordings of the intimidating phone call from the president's lawyer when he called you in the middle of the night and told you not to cooperate and the phone call of you talking to the russians and i'm ordering the justice department tote publicly release an unredacted mueller re
the irs and treasury said no, they won't hand over the taxes. the subpoena deadline 5:00 p.m. eastern tomorrow. we'll see what happens. i'm honestly looking forward to seeing what happenses in responseing to this court order from judge emmitt sullivan today ordering is portions of the unredacted mueller report be made public. i'm really looking forward to see the white house freak over that. that does it for us tonight. we'll see you again tomorrow. now it's time for "the last word with...