To: The United States Senate
Subpoena Trump's Taxes!!
We have the right to know. Congress has the power to subpoena Trump's taxes and they must do so now!
Why is this important?
Donald Trump just released financial disclosure forms, but it tells next-to-nothing about the source of his finances. The forms simply lists the names of dozens of limited liability companies that he either wholly or partially owns. This is why Trump's taxes matter.
We don’t know the truth behind payments to the LLCs because these limited liability companies are what are known as “pass-through” entities. They do not pay corporate income tax; instead, their profits simply “pass through” to the owner — i.e., to Donald Trump — who then pays individual income tax on his taxable income.
According to Senator Sherrod Brown, "President Trump's refusal to disclose his business dealings make it unclear whether he and his family may be exposed to terrorist financing, sanctions, or money laundering risks through their relationships with investors and associates from Russia and other nations." Therefore we call on the US Senate and it's appropriate committee(s) to subpoena the President's personal and corporate taxes and determine if such risks are present.
We don’t know the truth behind payments to the LLCs because these limited liability companies are what are known as “pass-through” entities. They do not pay corporate income tax; instead, their profits simply “pass through” to the owner — i.e., to Donald Trump — who then pays individual income tax on his taxable income.
According to Senator Sherrod Brown, "President Trump's refusal to disclose his business dealings make it unclear whether he and his family may be exposed to terrorist financing, sanctions, or money laundering risks through their relationships with investors and associates from Russia and other nations." Therefore we call on the US Senate and it's appropriate committee(s) to subpoena the President's personal and corporate taxes and determine if such risks are present.