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And the House just received Pres. Trump’s magnificent tax returns from the US Treasury
Posted by: Speedy
Date: November 30, 2022 05:53PM
The U.S. Treasury has handed over former president Donald Trump’s tax returns to the House Ways and Means Committee, a department spokesperson told The Washington Post on Wednesday.

This action comes after numerous judges ruled that the U.S. House has the power to request Trump’s returns from the Internal Revenue Service. Last week, the Supreme Court cleared the way for Trump’s tax returns to be handed to Congress denying without comment the former president’s last-ditch effort to block such a move.

“Treasury has complied with last week’s court decision,” a Treasury spokesperson said on Wednesday.

The Supreme Court’s brief order last week meant that the Treasury Department had to quickly hand over six years of tax records from Trump and some of his companies to the House Ways and Means Committee.

An aide said the committee’s Democratic members will meet Thursday and be briefed on the status of the case.

Trump has long attempted to keep these documents from Congress, arguing that Democratic lawmakers are on a fishing expedition designed to embarrass him politically.

The Supreme Court generally has been unreceptive to assertions from Trump that he should be allowed to keep records private and that he was immune to investigation while in office. The justices in 2020 upheld Congress’s right to subpoena that information as long as certain conditions were met.

Democrats began the legal battle to get the tax returns after taking the House majority in 2019. It is unlikely that the records will be made public — generally, it is unlawful for the government to release tax documents about an individual taxpayer.



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Edited 1 time(s). Last edit at 11/30/2022 05:54PM by Speedy.
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Re: And the House just received Pres. Trump’s magnificent tax returns from the US Treasury
Posted by: mrbigstuff
Date: November 30, 2022 07:39PM
Wow.



Hurts like a bastid...
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Re: And the House just received Pres. Trump’s magnificent tax returns from the US Treasury
Posted by: Tiangou
Date: November 30, 2022 08:06PM
Quote
Speedy
Democrats began the legal battle to get the tax returns after taking the House majority in 2019. It is unlikely that the records will be made public — generally, it is unlawful for the government to release tax documents about an individual taxpayer.

But they can release a bullet-point summary, and they can introduce portions into the House floor-records which ARE public records.



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Re: And the House just received Pres. Trump’s magnificent tax returns from the US Treasury
Posted by: Ombligo
Date: November 30, 2022 08:12PM
it was the first return they ever saw filled out with a sharpie.



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Re: And the House just received Pres. Trump’s magnificent tax returns from the US Treasury
Posted by: RgrF
Date: November 30, 2022 08:31PM
Don't be surprised if they find a way to confirm that the NYT Trump tax disclosures were all true.
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Re: And the House just received Pres. Trump’s magnificent tax returns from the US Treasury
Posted by: N-OS X-tasy!
Date: December 01, 2022 12:35AM
Quote
Ombligo
it was the first return they ever saw filled out with a sharpie.

I would have guessed crayon.



It is what it is.
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Re: And the House just received Pres. Trump’s magnificent tax returns from the US Treasury
Posted by: Bill in NC
Date: December 01, 2022 08:31AM
So should we start a poll on how long until they're leaked in their entirety?
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Re: And the House just received Pres. Trump’s magnificent tax returns from the US Treasury
Posted by: pdq
Date: December 01, 2022 08:35AM
Well, they already were leaked in their entirety, to the NYT. Trump and minions claimed it was all fake news.

It seems to me that all the House has to do is say after examination of the returns, there have found nothing different than what has already been released in the press.
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Re: And the House just received Pres. Trump’s magnificent tax returns from the US Treasury
Posted by: samintx
Date: December 01, 2022 11:22AM
Well he said he would release AFTER the audits. I guess the audit is over???? A man of his word.
smiley-shocked003
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Re: And the House just received Pres. Trump’s magnificent tax returns from the US Treasury
Posted by: vision63
Date: December 01, 2022 01:09PM
There's some little contractor guy that got stiffed on a job in Atlantic City cursing Trump right now.
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Re: And the House just received Pres. Trump’s magnificent tax returns from the US Treasury
Posted by: davester
Date: December 01, 2022 08:14PM
Quote
pdq
Well, they already were leaked in their entirety, to the NYT. Trump and minions claimed it was all fake news.

It seems to me that all the House has to do is say after examination of the returns, there have found nothing different than what has already been released in the press.

Not quite that simple. The NYT didn't release the tax returns because they didn't want to expose their source. All we have from them is their analysis, which probably doesn't cover everything the investigation is aimed at.



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Re: And the House just received Pres. Trump’s magnificent tax returns from the US Treasury
Posted by: RAMd®d
Date: December 01, 2022 10:36PM
Holy moly!

I tried getting through Trump’s Taxes Show Chronic Losses and Years of Income Tax Avoidance and only made it through about 40% before my eyes glazed over and a severe headache slammed me.

This needs to be a 10-part documentary with experts explaining it like I'm a six-year old, as that's how I feel trying to navigate the labyrinth of profits and losses, payments and refunds.

Or maybe it's a shell game.

Of course, if the returns are responsible for serving up some actual jail time, then I'll takes some Excedrin and sleep like a baby.






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