From Jon Perr at PERRspectives:
…Republicans already set the precedent five years ago when they released the returns of 50 “social welfare” organizations supposedly targeted by the IRS. (The mythical “IRS bias scandal” evaporated in October 2017 when an inspector general’s report revealed that during a 10-year span, the agency had applied similar scrutiny to nonprofits across the political spectrum.) Regardless, there’s little doubt that the House Ways and Means Committee, as Chairman Neal wrote, “has a responsibility to conduct oversight of our voluntary Federal tax system and determine how Americans – including those elected to our highest office – are complying with those laws.”
But in the case of Donald Trump, just as important as determining whether the president of the United States is breaking the law is understanding how he benefits even when he follows it. After all, President Trump wasn’t merely lying when he repeatedly promised his 2017 tax law would “cost me a fortune.” As it turns out, the $400 billion, eight-year tax-cut windfall for so-called pass-through businesses will doubtless pass through hundreds of millions of dollars to his own businesses.