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” The case against Renaissance was initiated before Koskinen became commissioner.It’s illegal for the IRS to discuss ongoing tax cases, and the agency declines to comment about Renaissance.In a phone interview, Fitton said “the conservative movement is united in its belief there need to be changes at the IRS,” but he voiced frustration “that the Trump administration seems to be of two minds on whether or not to replace” Koskinen before his term expires.
The panel estimated that Renaissance’s back tax bill dating to the earliest IRS audit would be at least .8 billion.
Trump has the legal authority to replace Koskinen and the IRS’s chief counsel, the other agency position requiring Senate confirmation.
The latter post is occupied by an acting chief counsel.
John Coffee, a law professor at Columbia University who monitors the behavior of Wall Street firms, said the Mercers might win Koskinen’s ouster, but he doubts they could undermine the case.
“I don’t know they’re going to get their candidate in,” he said, “and I’m not sure many candidates are going to try to reverse the staff on something that’s already deeply advanced in either litigation or negotiation.” Dennis Ventry, an expert in tax law policy from the University of California at Davis School of Law, said he was unaware of any instance in which a president had intervened to stop a tax audit or prosecution.
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Is the president of the United States going to succumb to that or is he not?