The GOP head of the Senate Finance Committee said Wednesday President Donald Trump “may have to give up” his tax returns in the wake of a New York Times report asserting he’d helped his parents dodge taxes in the 1990s.
In remarks to CNN, Sen. Orrin Hatch, R-Utah, said he’d be “happy to look into the president’s returns, though “right now, I don’t know enough about it.”
"He may have to give up those returns," Hatch added, though he wouldn’t say he’d be the one to ask for them. “I don't know. I've been in so many things."
"If I was him, I wouldn't want to give them up," Hatch said.
Trump has not yet produced his tax returns for public review as is customary. White House press secretary Sarah Huckabee Sanders told reporters Wednesday she’s "not aware of any plans" for Trump to release returns now, CNN reported.
According to the Times, Trump and his siblings established a fake corporation to conceal millions of dollars in taxable income they received as gifts from their parents. The Times also reported that Trump assisted his father in making inappropriate tax deductions, among other things.
Trump accused the Times of "doing a very old, boring and often told hit piece on me."
© 2024 Newsmax. All rights reserved.