Report: IRS Chief Earns Over $100k A Year From Trump Property While In Office
Salon’s Igor Derysh reported Wednesday that “IRS Commissioner Charles Rettig has earned at least $100,000 per year renting out properties at a Trump-branded resort in Hawaii, according to his financial disclosure.”
- President Trump appointed Rettig in 2018, and over the last two years, he has earned “between $100,000 and $200,000 per year from his 50% ownership in two units at the Trump International Waikiki,” as detailed in an analysis by government watchdog group Citizens for Ethics and Responsibility in Washington (CREW).
- Derysh reported that “Rettig has held a stake in the units since 2006, three years before the property opened,” and “did not disclose the link to the Trump-branded property in the financial disclosure, simply listing them as 'Residential Real Estate' and 'Residential Real Estate (2)' in Honolulu.”
- Since taking his current position, Rettig “has since drawn scrutiny for failing to turn over Trump's tax returns to Congress,” the report noted.
Federal law requires the Treasury secretary to turn over anyone's tax returns if they are requested by the House Ways and Means Committee. The committee formally requested Trump's tax returns in April 2019. Rettig told Congress last year that he would make the decision under the supervision of Treasury Secretary Steven Mnuchin on whether to comply with the request.
CREW communications director Jordan Libowitz linked the refusal to Rettig's latest financial disclosure, arguing that it means "the IRS commissioner has a vested interest in the success of the Trump brand — and of preventing anything that could damage it."