On Friday, after a long legal battle, former Republican President Donald Trump’s tax returns were made public by a US parliamentary committee. The former president, who has embarked on a new race for the White House for 2024, had not wanted to disclose his tax returns, unlike all his predecessors since the 1970s, raising many questions about their content.
In mid-December, a parliamentary commission voted in favor of publishing the billionaire’s six-year tax return between 2015 and 2020. According to the American television channel CNN, which consulted the report of the Joint Committee on the tax, Donald Trump paid $1.1 million in federal income tax in 2018 and 2019, $750 in 2017 and $0 in 2020.
These statements “just show my success once again”
The group of elected officials had been asking for documents sent to the taxman by the billionaire for three years between these years, which he refused. The Supreme Court finally ruled in their favor in late November. Donald Trump strongly denounced this decision in a press release on CBS on Friday, however, assuring that these statements “once again show my success”.
Their publication is yet another setback for the former White House tenant, who is already the subject of a myriad of inquiries into the management of his archives, as well as his financial affairs in New York.
Trump Organization found guilty of tax evasion
Donald Trump’s lack of transparency, who has made his wealth an electoral argument, has fueled speculation for years about the size of his fortune or potential conflicts of interest.
His family business, the Trump Organization, was found guilty in early December of financial and tax fraud after a trial in New York in which the former Republican president did not go to trial.
A separate parliamentary report on the US tax authorities also showed that they had not done what they should have done for most of Donald Trump’s tenure. “It is a serious failure of the American tax authorities,” denounced the head of this parliamentary commission, elected Democrat Richard Neal.
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