After a long struggle, the US House released the Trump tax returns

A committee of the House of Representatives to us This Friday, the 30th, six years of tax returns from the former president were released to the public Donald TrumpIn an unusual move just days before Republicans captured the House majority.

The release of the documents between 2015 and 2020 ends a nearly four-year battle between the former president and Democratic lawmakers, which was settled last month in the nation’s Supreme Court.

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It’s the latest blow to Trump, who faces a series of legal problems that could derail his bid to run for president in 2024. Earlier this month, a House committee investigating the January 6, 2021 attack on the Capitol had already asked federal prosecutors. He will be charged with four counts of sedition and sedition for his role in the rebellion.

“Democrats should never have done this, the Supreme Court should never have approved this, and it will lead to terrible things for many people. The far-left Democrats set it all up, but remember, this is a dangerous two-way street,” Trump said in a statement following Friday’s announcement.

Yet according to him, the documents show once again how he was successful and was able to use tax deductions to create thousands of jobs in his companies.

Richard Neal, chairman of the House Ways and Means Committee, requested the declarations in 2019, arguing that Congress needs them to determine whether the president’s tax return legislation is warranted.

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In addition to the former president, Republicans also said the move could lead to political use of tax revenue and warned that the same could happen to related Democratic names now that they have control of the House. .

Trump is the first presidential candidate in US history not to release his taxes and has waged a legal battle during his four years in office. However, the Supreme Court ruled last month that he must hand over the documents to representatives.

In a report last week, the committee accused the IRS of violating its rules by failing to audit Trump during his tenure as president. At Neal’s request, the agency did not begin an investigation until more than two years after he became president.

The disclosed details indicate that Trump paid no income taxes in 2020, his last full year in office, despite earning millions of dollars from his vast business empire.

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The records also show that Trump’s income and tax liabilities changed dramatically from 2015 to 2020, with him and his wife, Melania, claiming large deductions and losses and paying little or no income tax during many of those years.