Saturday, February 4, 2023

US Congress publishes Trump’s tax returns

A committee of the United States Congress has published the tax returns of former presidents this Friday Donald Trump of the past six years, including his four terms (2017 – 2021), thus setting off a long feud with Republicans who aspire to be their party’s presidential nominee in 2024.

Trump had requested the Supreme Court that his statements be kept secret, but the United States Supreme Court rejected his request on 22 November.

“A president is not an ordinary taxpayer. He has power and influence unlike any other American. And with great power comes great responsibility,” the committee’s chairman, Congressman Richard Neal, said in a statement.

According to a review by local media, Published documents, with hundreds of pages, will reveal the former president paid little in taxes On income during the years in which he was in Govt.

Trump did not publish his statements when he was President

The fight on those statements is of 2019.That’s when the Ways and Means Committee issued a subpoena seeking access to that information as part of its investigation into possible tax violations by Trump.

They based the petition on a 1924 law that allows the leaders of certain congressional committees, including Ways and Means, to demand that the Secretary of the Treasury and the US Treasury publish any taxpayer’s tax return. Huh.

Donald Trump’s own signature on his tax return Associated Press Associated Press

Trump was the first US president since Gerald Ford (1974–1977) not to publish his tax returns every year.A tradition that his predecessors followed as part of their duty of transparency and accountability to the people.

“You can’t get much out of a tax return, but it’s illegal to issue one if it’s not yours,” Trump said last week.

The former Republican president has alleged in the past that his statements were subject to an audit by the US Internal Revenue Service (Treasury), although several legal experts assured him that no rules prevented him from disclosing them if he wanted to.

Nation World News Desk
Nation World News Desk
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