Democrats in Congress have released six years’ worth of former President Donald Trump’s tax returns.
Former President Donald Trump arrives to speak at an event at Mar-a-Lago, Nov. 18, 2022, in Palm Beach, Fla.
The release, just days before Trump’s fellow Republicans retake control of the House from the Democrats, raises the potential of new revelations about Trump’s finances, which have been shrouded in mystery and intrigue since his days as an up-and-coming Manhattan real estate developer in the 1980s. The returns could take on added significance now that Trump has launched a campaign for the White House in 2024.
A second series in 2020 showed that Trump paid just $750 in federal income taxes in 2017 and 2018, as well as no income taxes at all in 10 of the past 15 years because he generally lost more money than he made. A report from Congress’ nonpartisan Joint Committee on Taxation raised multiple red flags about aspects of Trump’s tax filings, including his carryover losses, deductions tied to conservation and charitable donations, and loans to his children that could be taxable gifts.
Republicans have argued that Democrats will regret the move once Republicans take power next week, and they warn that the committee’s new GOP chair will be under pressure to seek and make public the tax returns of other prominent people.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Immigration activists look ahead to GOP House as overhaul fails this CongressLawmakers working on an immigration reform and border security deal failed to gain traction before the start of a new Congress, in which Republicans are set to take control of the House, making their path even more perilous.
Lire la suite »
House Committee: Donald Trump's Taxes Go Public FridayFormer President Donald Trump’s taxes are set to go public Friday, the Democrat-controlled House Ways and Means Committee stated Tuesday.
Lire la suite »
As Buffalo begins to thaw, police check for victims house to housePolice and National Guard members were going door-to-door Wednesday to check on residents of some Buffalo neighborhoods following the deadly Christmas blizzard that dropped about 55 inches of snow (140 cm) on New York's second largest city.
Lire la suite »