He tried to prevent it with a long legal battle, but now former President Donald Trump’s tax returns are being made public. This is what a commission of the US parliament decided yesterday evening.
As a result, the minutes with the tax returns will probably be forwarded to the House of Representatives in the next few days. It concerns Trump’s statements from 2015 to 2020. Republicans on the committee voted against the decision, but they were in the minority.
Trump was the first president in four decades to refuse to share data on his tax affairs. He declined to disclose details of his assets and business activities. Critics speculate that he has something to hide.
Commission members conclude, among other things, that Trump’s completed statements contain few details. “I think you’d be surprised how little there is,” said Democratic Rep. Lloyd Doggett Cnn. The American news channel has already released the first economic accounts released.
According to previous reports, Trump has reported heavy losses from his businesses for several years, resulting in very low tax payments. Parliament wants to know if this has been properly controlled and if new rules are needed.