Mark O Everson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mark, i'll get to you in a second. go ahead, elie. >> i'm sorry. >> here's the problem, i think it's a legitimate point and legitimate problem to point out that donald trump's taxes were not audited as they should have been during his first two years in the office. the disconnect is why would congress need to see donald trump's individual tax returns, his specific assets, his specific liabilities in order to figure that out and in order to legislate around it. it goes back to fairly flimsy pretext that the ways and means committee has been using all along to get their hands on these returns. >...

For office. we just lost mark there. elie, we'll go to you. what is the significance of the committee releasing the former tax returns. >> i think when woe see them which should happen in a few days we will know much more about donald trump's true financial situation, was he profitable or not? the answer appears to be not. most importantly where are his debts? where did he owe people? could those people possibly have used those debts as leverage over him? this was something even routine level executive department employees like i once was have to disclose. so we'll get a lot more transparency ...

Financial holdings and whether there were any conflicts of interest that donald trump had as he was signing bills into law and dealing with other policy issues. they said that audits actually occurred in apriof 2019 when richard neal, the chairman of the committee, the democrat sent a letter to the irs asking about those presidential audits. that's when they took place and we also learned some information on donald trump's wealth. he incurred a number of losses and shielded tax liability. paid a lot of taxes but also cut down those taxes and paid zero in federal taxes in 2020. pamela. >> all r...