The ex-Presoident’s efforts to keep them from the public went to highest court in the land and failed…..
Once they where turned over to the House Ways and Means Committee , that writes the tax code, we ALL knew they would be released to the public in the end ….With the Republican House majority in 3 weeks, Trump’s info would NOT be released….
Trump will now have joined every moderm day President in having his tax returns revealed to the American public to see….
Some of the tax returns data has already been gone over in the media already….
A House committee is expected to vote on Tuesday on whether to make public six years of former President Donald J. Trump’s tax records, in what would be a significant act of transparency in the waning days of Democratic control of the House.
The Ways and Means Committee gave notice on Friday that it would meet behind closed doors at 3 p.m. on Tuesday for what is expected to be a vote on whether to release some data from Mr. Trump’s tax returns from 2015 to 2020, including the possibility of sharing the filings. The panel obtained the information from the Treasury Department last month.
Such a vote, which Republicans are likely to oppose, would be the culmination of a nearly four-year battle stemming from Mr. Trump’s decision to break with modern precedent and refuse to disclose his personal financial information as a presidential candidate and then as a sitting president.
For now, lawmakers remain constrained by law about what they can say about the matter. Representative Richard E. Neal, Democrat of Massachusetts, who as the chairman of the Ways and Means Committee requested Mr. Trump’s tax returns from the Treasury Department, said it concerned “documents protected under Internal Revenue Code Section 6103.”….
The New York Times has also investigated Mr. Trump’s taxes, including obtaining tax-return data in 2020 that covered more than two decades. He paid no federal income taxes in 11 of 18 years that The Times examined; he also reduced his tax bill with questionable measures, including a $72.9 million tax refund that, as of 2020, was the subject of an I.R.S. audit.
Still, the returns the committee has obtained contain more recent data.
The statute known as Section 6103 gives the Ways and Means Committee the authority to request that the I.R.S. turn over any taxpayer’s returns. By law, the committee generally must keep that information confidential, but if the panel votes to report the information to the full House, it would become lawful to make it public, too…..
What’s the story with the $75 Million refund Trump got that has been under audit for years?
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