Yesterday, the US Supreme Court paved the way for the release of former President Donald Trump’s tax records before a parliamentary committee. The court denied Trump’s lawyer’s request to block the transfer of the tax documents.
Trump has been fighting a legal battle for years to prevent the release of his tax documents. But now he has been proven wrong at the highest level.
Six year returns
Chief important Ways and meansIn 2019, the House Committee of Representatives requested Trump’s tax returns for the previous six years. It was opposed by the US Treasury Department, under then-President Trump. But after Joe Biden became president, the department gave her permission to do so. The IRS has been ordered by the federal tax agency to turn over the documents to the commission. But Trump appealed.
In August, a federal court in Washington, D.C., ruled that the documents must indeed be submitted to the parliamentary committee. But according to Trump, the judges made several mistakes, after which he went to the appeals court. It decided in October that it would not accept the document transfer order Catch will put. Then Trump moved to the highest level of his career.
The first president to refuse in four decades
In the United States, it is customary for presidential candidates to publish their tax returns. But Trump has been vehemently opposed to this throughout his campaign and term. The Republican was the first president in four decades to refuse to release the documents because he wanted to keep his wealth and his company’s activities secret.
This has led to years of battle between Republicans and Democrats, who accuse him of cheating and therefore want to see his financial statements, especially his tax returns. Trump sees the Democratic-led committee’s investigation into his financial past as politically motivated.
Faster
The parliamentary committee should hurry up. Because of the recent election, Trump Republicans will regain power in the House of Representatives starting in January.
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