Pascrell Reacts to Titanic Revelation of Trump Tax Returns

Statement

Date: Sept. 27, 2020
Location: Paterson, NJ

U.S. Rep. Bill Pascrell, Jr., Chairman of the House Ways and Means Subcommittee on Oversight, reacted to the stunning revelations of fraud and criminality revealed in a New York Times report exposing Donald Trump's tax returns. Rep. Pascrell has been leading Congress's efforts to obtain trumps tax returns since February of 2017.

"As the leader of Congress's fight to obtain Donald Trump tax returns, this blockbuster report confirms some of our worst fears," said Rep. Pascrell. "Donald Trump has spent his entire life abusing the tax system to lie, cheat, and steal on a scale that is almost unimaginable. The partial findings reveal absolutely staggering theft by Trump before and while he has been in office. To cover his losses, Trump has looted the government and made himself vulnerable to heaven knows what foreign manipulation and blackmail. And Trump's titanic financial losses confirm that while he campaigned as a so-called brilliant financial wizard, Trump is a cheat, a fraud, and perhaps the worst businessman in the world.

"This report should stun to the core our nation at Trump's unfitness and criminality. I will continue to sift through the findings, but Trump must release his tax returns as is longstanding practice and is required by law to Congress instead of grandstanding and attacking the media. Trump is the most corrupt President in our history. I will not let up on my quest to prove our case and continue to support our efforts at transparency. This is not political. No citizen is above the law."


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