News Staff
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December 20, 2022 -
Business -
Taxes
Donald Trump
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Does he have something to hide? Now details from Donald Trump's tax documents are coming to the public
DLNews Staff:
EX-PRESIDENT THREATENS NEW TROUBLE
After years of litigation with the former US President, a US Congressional Committee has spoken a word of power: Donald Trump (76) must disclose his tax returns from 2015 to 2020!
Trump had firmly refused to release the documents to the Congressional Finance Committee. He had raged and sued but failed in the Supreme Court in November. Finally, the IRS released the filings to the committee in early December, where they were analyzed behind closed doors on Tuesday.
After reviewing the documents, 24 members of the Democrat-controlled Finance Committee voted in favor of publication on Tuesday evening and 16 members against it. Means: In the next few days, a summary report, including tax returns, should be sent to the House of Representatives.
The House Ways and Means Committee met in Washington and discussed Trump's tax documents.
Trump threatens the further loss of face.
A bitter defeat for the controversial real estate entrepreneur and ex-president! Although the documents are to be partially blacked out, they should nevertheless soon be made public. Instead, Trump threatens – another – loss of face!
Contrary to US practice, Trump did not publish his tax returns either as a presidential candidate or after moving into the White House. He was the first president since Richard Nixon (1969-1974) to refuse disclosure. As a result, critics have long claimed that the Republican has something to hide.
By passing it on to the House of Representatives, the Democrats want to investigate whether Trump used illegal tricks to save taxes. In addition, it should be clarified whether there were any conflicts of interest during his tenure as President. Trump saw the decision as a ploy by political opponents. He announced in November that he would run for the Republican presidential nomination in 2024.
The otherwise brash Donald Trump still needs to comment on the publication of his tax returns. But, a spokesman told CNN, "If this injustice can happen to President Trump, it can happen to all Americans for no reason."
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