legislators of USA voted this Tuesday in favor of publish tax returns Trumpending a multi-year legal battle by the former president to keep those documents private as his opaque financial past continues to cause controversy.
The Republican leader, who announced his intention to compete again in the race for the White House after losing the 2020 election, he broke with presidential tradition by refusing to release his records, sparking speculation about their content.
The proposal obtained 24 votes in favor and 16 against in the House Ways and Means Committeeled by the Democrats, to publish the billionaire’s tax returns from 2015 to 2020.
The Democratic Congressman Lloyd Doggett said to CNN that a summary report would be sent to the plenary session of the House of Representatives with the analysis of the Congressional Joint Committee on Taxation.
The vote comes after Committee Chairman Richard Neal was given access to the documents at the end of a lengthy legal battle that went to court. Supreme Court.
“It wasn’t about punishing, it wasn’t about being malicious, and there were no leaks from the Committee,” Neal said after the vote.
Only a small group of lawmakers have seen tax returns that were subject to privacy laws that made leaking details a felony.
The law, however, allows lawmakers with tax responsibilities to examine the returns of any US taxpayer.
Trump’s finances have always been of enormous interest to the publicdue in part to the lengths to which he has gone to keep them secret and also due to his lavish lifestyle as a real estate mogul, before he became president.
Tax returns can show how much you donate to charity, whether you have business abroad or other conflicts of interest, and how your business has been affected by your presidency and the pandemic period.
The Trump family business group was convicted of tax fraud earlier this month, in a case that Manhattan District Attorney Alvin Bragg said was “about greed and deceit.”
Trump himself was not charged, but the Trump Organization and another entity were convicted for operating a scheme to defraud and evade taxes by falsifying business records.
An investigation published in 2020 by the journal The New York Times on Trump’s finances claimed he paid little or no federal income tax for years before he came to power.
Every US president from Richard Nixon to Trump’s predecessor, Barack Obama, has released their full tax returns, except Gerald Ford, who provided a summary of them.
(With information from AFP)
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