Tack Returns News Today

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Congress is one step closer to getting former president trumps taxes. the department of justice telling the irs friday it must hand over the taxes to the house ways and means committee. the committee has been after the tack returns for the last two years. trump will get 72 hours notice before his tack information is handed over. and elie honig is joining us now, a former assistant u.s. attorney for the southern district of new york and also the author of "hatchetman". i got to get your reaction ...

Work through the massive internal revenue code, they are complex. that in the end of the day, many of these ceos and others, sign the tack returns and hope they -- tax returns and dont they -- they hopethey are correct. it is particularly to focus on that. >> i think it is funny, you recounted an example where cy vance said i cannot be held responsible for what a june or r prosecutor did in my office, i did not even know about it yet that and they are looking into. mark: the son, to pressure to ...

Work through the massive internal revenue code, they are complex. that in the end of the day, many of these ceos and others, sign the tack returns and hope they -- tax returns and dont they -- they hopethey are correct. it is particularly to focus on that. >> i think it is funny, you recounted an example where cy vance said i cannot be held responsible for what a june or r prosecutor did in my office, i did not even know about it yet that and they are looking into. mark: the son, to pressure to ...

Era, we do know that the president at least is im into unfrom criminal process and he is especially immune from criminal process from the lowly states as opposed to the federal government, and thats because of the supremacy clause. >> ashley, his financial records have yet to be seen by those looking to see them. is it likely that we will see them before the 2020 election? because the presidents accounting firm, they say that they would comply with legal obligations. how long of a process is thi...

Of these investigations, these committees investigating his finances, what it will come down to. tomorrow marks the first hearing where congress will cross that red line in terms of investigating his finances. if you look at what adam schiff said today, its not just the tack returns. the words that he used were money laundering. some of the indications here, the different tentacles here, include not just russia and the money laundering, trump ta taj mahal was fine a few years ago. so this will b...

Has he gotten away with not turning over the tack returns. and she said and is free to have her opinions, but this gets back to a sore point that maybe, we saw echoed again on the part of the senator gillibrand. what is fair and right and a perception of bias and how will people treat that. for example, how will invests treat that and where all of this goes? i thought it would be a worthy topic to explore with our financial pros here, but, dan, one of the things that came to my mind on this is y...

Illegal ways of paying taxes. quote, controversial tack returns reveal mr. trump received the equivalent today of at least $413 million from his fathers real estate empire starting when he was a toddler and continuing to this day. the report goes on to say, quoting again, much of his money came to mr. trump because he helped his parents dodge taxes. he and his siblings set up sham corporations to disguise millions of dollars in gifts from their parents. paper says much of the giving was set to a...

President unveiled when he unveiled his tax plan. >> our framework our exclusive commitment. not the wealthy and well connectedment they can call me all they wantel its want going to help. im doing the right thing and its not good for me, believe me. >> its not good for me, believe me, he said. keeping him honest the burp is frankly on him. after all we have no way of knowing for the simple fact we dont know what tax the president pays. in fact hes only president in modern history not to release...

This posturing over weapons, the great totalitarian spectacle we saw taking place in pyongyang, this is all familiar to anybody who has been watching north korea for some time. this is the language by which the regime there asserts itself on the world stage, and all these repeated missile tests and even the five nuclear tests theyve done in the past. this is part of their ability to exercise themselves in the world stage and extract concessions from both china, south korea and the u.s. and other...