Neal Jabs Trump For Having ‘Gamed Tax Code To His Advantage’ After NYT Report

SPRINGFIELD, MA - AUGUST 26: Congressman Richard Neal campaigns in Springfield, MA on Aug. 26, 2020. Congressman Richard Neal campaigns at a ribbon-cutting ceremony at gas station convenience store opening on State S... SPRINGFIELD, MA - AUGUST 26: Congressman Richard Neal campaigns in Springfield, MA on Aug. 26, 2020. Congressman Richard Neal campaigns at a ribbon-cutting ceremony at gas station convenience store opening on State Street. (Photo by Lane Turner/The Boston Globe via Getty Images) MORE LESS

Rep. Richard Neal (D-MA), chairman of the House Ways and Means Committee, took aim at President Trump late Sunday shortly after the New York Times dropped its bombshell report on Trump’s decades-long history of tax avoidance.

In a statement released Sunday night, Neal wrote that the Times’ report “shines a stark light on the vastly different experience people with power and influence have” compared to the average American taxpayer when dealing with the IRS.

Neal then slammed Trump for having “gamed the tax code to his advantage” and accused the President of using legal fights as a tool to delay or avoid paying the taxes he owes.

Neal pointed to the Times’ reporting that the President has been roiled in a “lengthy audit battle with the IRS” that could potentially result in him owing the federal government $100 million, before arguing that Trump is “the boss of the agency he considers an adversary.”

Neal urged that the IRS’s presidential audit program remain independent, and that the Times’ report “underscores the importance” of the Ways and Means Committee’s ongoing lawsuit to access Trump’s tax returns.

“I remain confident that the law is on the Committee’s side, and that our request meets the standard the Supreme Court set with its July 2020 rulings,” Neal wrote. “Our case is very strong, and we will ultimately prevail.”

During a press conference at the White House on Sunday shortly after the Times released its report on his tax avoidance, the President dismissed the report as “fake news” and griped that the IRS treats him “very badly” while acknowledging that he’s been under IRS audit for “a long time.”

Dear Reader,

When we asked recently what makes TPM different from other outlets, readers cited factors like honesty, curiosity, transparency, and our vibrant community. They also pointed to our ability to report on important stories and trends long before they are picked up by mainstream outlets; our ability to contextualize information within the arc of history; and our focus on the real-world consequences of the news.

Our unique approach to reporting and presenting the news, however, wouldn’t be possible without our readers’ support. That’s not just marketing speak, it’s true: our work would literally not be possible without readers deciding to become members. Not only does member support account for more than 80% of TPM’s revenue, our members have helped us build an engaged and informed community. Many of our best stories were born from reader tips and valuable member feedback.

We do what other news outlets can’t or won’t do because our members’ support gives us real independence.

If you enjoy reading TPM and value what we do, become a member today.

Latest News
Comments
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Investigations Desk:
Reporters:
Newswriters:
Director of Audience:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: