Thursday, April 4, 2019
Yesterday Was A Bad, Bad Day For Trump
The expectation is that corrupt demagogue and fraudster Donald "Not Exonerated" Trump will not only try to fight yesterday's order to the Internal Revenue Service by House Ways and Means Committee Chair Richard Neal to release six years of Trump's tax returns, but will shake in fear and rage at the coming dissection of his individual and business tax returns by the House. (Read Chairman Neal's letter here). Unfortunately for Trump, the law gives the chairmen of the House Ways and Means Committee and the Senate Finance Committee the absolute power to get Trump's tax returns, no subpoena necessary. That's not to say that Trump won't order them withheld, which would be a direct violation of the law. We'll see if the IRS Commissioner and plutocratic money fondler Treasury Secretary Steve Mnuchin have the stomach for it though. If not, as expected, it's going to end up in the Supreme Court. Neal's letter also jabs Trump on his claim that his taxes have been under audit, by asking the IRS for any evidence of that claim.
In a separate development yesterday, Mazars USA, the auditing and accounting firm that handles Trump's financial statements, stepped forward to say that they would release those statements going back 10 years in response to a "friendly" subpoena from the House Oversight Committee, to which Committee Chair Elijah Cummings responded that they'd do just that shortly. In the testimony of former Trump fixer Michael Cohen, he indicated that Trump often inflated or deflated his assets depending on the situation, whether to banks from which he was seeking a loan, or insurance companies, raising the potential that Trump committed bank and insurance fraud.
Added to these major developments, yesterday's allegations from some of the investigators and agents on Special Counsel Mueller's team that Trump attorney William Barr's whitewashing letter on the Mueller report excluded a lot of damaging information about Trump and his co-conspirators (likely on obstruction of justice) helped to make it a very bad day for Trump.