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HomeNewsDemocrats Set to Vote on Making Trump's Tax Records Public

Democrats Set to Vote on Making Trump’s Tax Records Public

Former President Donald Trump’s six-year tax returns could soon be made public after a years-long legal battle.

The Democratic-led House Ways and Means Committee will meet Tuesday afternoon to separately review the returns of Trump, 76, and some of his businesses from 2013 to 2018 after the Court The Supreme Court ruled last month that they would be given to the council.

Committee members can then vote to include the information in a report to Congress, which will be made public. Democrats are under pressure to speed up the release of the records before Republicans take control of the House on January 3. The high court returned the reports to the Ways and Means Committee after agreeing that the panel needed them to evaluate the required audits of the IRS president and vice president.

The Democratic-led House Ways and Means Committee will meet to review the tax returns of Trump and some of his companies separately from 2013 to 2018.

“As the Supreme Court has said, the law is on our side, and on Tuesday I will notify the Committee members,” Neal promised.

“Nearly four years ago, the Ways and Means Committee began carrying out our legislative and oversight responsibilities and reviewing the Internal Revenue Service’s mandatory audit program,” said the committee’s chairman, Richard Neal (D-Mass.) said in a press conference. announced last week.

Trump went on to attack ahead of the expected disclosure, writing on his TruthSocial platform on Sunday that his company is ‘very high on deductions and write-offs’

Committee Chairman Richard Neal said in a statement that he would update committee members on December 21. 20.

“You will soon see these numbers, but not all, on my tax returns, which show relatively little,” the 45th president wrote. Trump also claims that it is illegal to release tax returns without his permission, but the tax code allows ways and means for the commission to include personal information in a public report. declare.

Earlier this month in Manhattan, the Trump Organization was found guilty of 17 counts of tax evasion, falsifying business records, conspiracy and other charges for helping its leaders mislead the IRS. The former president was not directly involved in the decision, but his longtime accountant, Donald Bender, testified that Trump reported losses on his tax returns for 10 consecutive years and nearly 700 million. dollars in 2009 and 200 million dollars in 2009.

Manhattan District Attorney Alvin Bragg said last month his office was investigating Trump’s personal finances after his predecessor Cyrus Vance Jr. summoned accounting firm Mazars USA in 2019 to claim documents for 8 years.

News Summary:

  • Democrats Set to Vote on Making Trump’s Tax Records Public
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