President Donald Trump’s lawyers have told the Senate that he does not plan to submit his tax returns to Congress, a senior White House official said Thursday, the latest in a series of moves that would further undermine the legitimacy of his presidency.
Trump has repeatedly insisted that he will release his tax return, but Senate Republicans have been reluctant to even give the president his first-ever look at his tax records, saying it would give the public an unfair look at Trump’s finances.
Trump’s lawyers told the panel that he did not intend to submit tax returns during the first 100 days of his administration, a move that would put pressure on Democrats and possibly push the White House to delay releasing the documents for more than a year.
White House spokesman Sarah Sanders declined to answer whether the president would be releasing his tax information by the end of the month.
Trump, who is expected to face reelection in 2020, is expected on Thursday to unveil a plan to overhaul the tax code, including lowering rates, eliminating deductions, and eliminating the estate tax.
Republicans and Democrats have argued that the Trump plan would add trillions to the national debt over the next decade, and that it would benefit wealthy people and corporations.