The US Supreme Court gives the green light to release Trump’s tax returns – VG

After eight years of fighting for transparency, Trump’s tax returns are open to scrutiny.

The US Supreme Court gives the green light to release Trump’s tax returns to Congress, several Americans said average. A House of Representatives committee has called for the release of tax returns in connection with an investigation into Trump’s finances.

Trump has already said he intends to run for president in 2024.

It occurs before the Republican majority

Thus, they gain access to the documents before the House of Representatives again gets a Republican majority after the recent election.

Trump has been trying to prevent the request ever since it came from Democrat Richard Neal in 2019, who has since asked for the president’s tax returns for the past six years.

According to the plan, the Ministry of Finance will transmit its tax returns.

They get six years of documents, the decision reads.

Long shot

The battle for access to scrutiny of former President Donald Trump’s tax returns has been going on for several years in the American legal system.

Already in 2019 ordered New York Attorney General Trump to file his eight-year tax return. The ruling was appealed and contested multiple times.

Among other things, Trump argued that an incumbent president has immunity with regards to criminal investigations, therefore that extradition is a violation of privacy and an attempt by Democrats to frame him.

Democrats have been demanding to receive Trump’s tax returns for several years. During the 2016 election campaign, Trump said he would release the documents, but that did not happen.

Tax alerts The New York Times got hold of it, shows Trump paid $750 in federal income taxes in 2016, the year he won the presidential election. This corresponds to approximately NOK 7,500 at today’s dollar exchange rate. He did the same the following year.

The main reason Trump was not paying more income taxes at the time was, according to the paper, that he reported losing more money than he was making.