A fine or jail time, same as in every other contempt case. In this particular matter, Mnuchin might actually have a leg to stand on, that's why it needs to go to court.
He has no leg to stand on and he will be laughed out of court. Honestly in the same vein to the other court case going on about defying congressional subpoenas the legal theories being presented are ridiculous enough it's hard to imagine an attorney could be making them in good faith.
I mean imagine the fundamental insanity of your argument - you're saying that Congress has no legitimate purpose in attempting to figure out if someone is bribing the president.
This is a congressional fishing expedition, everyone involved knows they won't find 1099's from Putin, what they're looking for is something to use politically. Since most people have no concept of how tax law works, it's vary easy to make perfectly legal deductions appear sinister. The last bit that was released was a perfect example. It showed tremendous losses, and I only heard one single commentator explain how it was possible to have huge paper losses and still make a profit.
I don't know why you keep saying this because it's absolutely ridiculous bullshit.
1) Analysis of the tax returns of Trump's father show it is highly likely that Trump engaged in tax fraud earlier in his life.
2) You have sworn testimony before Congress that Trump was engaging in financial crime quite recently.
3) You have news stories about Trump attempting to commit bank fraud with Deutsche Bank.
It would be absolutely, jaw-droppingly insane for Congress NOT to demand to analyze Trump's tax returns with that in mind. I mean those are a LOT of crimes, no?? This not only isn't a fishing expedition, this is a blatant, flashing red light of danger to the country that the president's financial dealings must be immediately investigated for conflicts of interest, blackmail, or other things like that.
This. Is. A. National. Emergency.
While the idea that there is income from criminal activity listed on Trumps 1040 is absurd, he should release the information because he said he would. That statement makes the entire issue Trumps creation, and it's the only compelling reason to demand they be released.
I also don't know why you keep saying this, as it's comically wrong. The Democrats are asking for the entirety of Trump's tax returns, not the summary forms. The associated schedules attached to his tax returns would give them an enormous amount of information about who is paying Trump, how much they are paying him, what assets he has, etc. You look at his schedule B, where he's holding investments that are paying him interest or dividends, then you subpoena those organizations to find out what they are. You look at his schedule D to see what real estate holdings he sold and to who. Then you go find out who that person is, etc, etc.
What, did you think they were asking for his W-2 or something? haha.