New York Clears Way for Release of Trump's State Tax Returns

  |   Donald Trump

New York state on Monday cleared the way for U.S. congressional Democrats investigating President Donald Trump’s finances to obtain his state tax returns, opening a new fight in Trump’s squabbles with Democrats.

Governor Andrew Cuomo signed an amendment to a tax law that will require the commissioner of the Department of Taxation and Finance to share state income tax returns and reports when certain congressional committees request them.

“This bill gives Congress the ability to fulfill its constitutional responsibilities, strengthen our democratic system and ensure that no one is above the law,” said Cuomo, a Democrat.

The law, effective immediately, opens a new avenue for the Democratic majority in Congress to investigate Trump’s business affairs.

Trump’s tax returns have been the object of scrutiny by Democrats in Congress since he took office.

Trump has refused requests to release his tax returns, making him one of the few presidents in recent times to not reveal them.

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