Trump tax return data could be released by congressional committee

The Democrat-controlled House Roads and Means Committee is expected to vote on Tuesday whether six years of information on former President Donald Trump’s tax returns will be made public—a move Trump has long fought against.

The committee is expected to meet at 3 p.m. to discuss whether Trump will release his 2015-2020 tax returns.

The committee learned from the Treasury Department last month after the U.S. Supreme Court rejected a request to block a court order that appears to have handed over Trump’s tax returns and other financial records to the committee.

This is the fourth time Trump has lost a supreme court appeal over his tax claims.

It is not immediately clear what important new information the committee may have on hand. Prosecutors in New York have already had access to some data, but some data the committee has may be more recent.

Former President Donald Trump announced his third run for president while speaking at Mar-a-Lago in Palm Beach, Fla., on November 15, 2022.

Rebecca Blackwell/AP

Tuesday’s anticipated vote comes a day after the January 6 committee of the House of Representatives voted to file a criminal complaint against Trump with the Justice Department.

The committee had requested a six-year return from Trump as part of what presidents and vice presidents said was an investigation into IRS audit practices.

In his petition to the Supreme Court, Trump accused the committee of collecting taxes under false pretenses.

PHOTO: Richard Neal is seen in the Cannon tunnel during a vote on November 30, 2022.

Richard Neal is seen in the Cannon tunnel during a vote on November 30, 2022.

via Getty Images Tom Williams/CQ-Roll Call, Inc, FILE

Any possible release will require a majority vote of the committee. It is unclear whether the committee will release all or some of the documents it obtained under the original subpoena.

In November, it was revealed that Trump reported nearly $1 billion in operating losses over a two-year period nearly a decade ago. to keep it private.

If the Roads and Means Committee votes to release the information on Tuesday, it’s unclear when that information will be made public, but it comes just two weeks before the House of Republicans takes majority control.

The Supreme Court did not provide any explanation for its decision, and there was no significant opposition or vote breakdown. It’s the fourth time Trump has lost a supreme court appeal over his tax claims.

D-Mass. “We knew the strength of our case, we stood on course, we followed the counsel’s advice, and our case was finally upheld by the highest court in the country,” said President Richard Neal. . “The principle of surveillance has been maintained since Magna Carta and is no different today. It goes above politics and the Committee will now carry out the oversight we have sought for the past three and a half years.”

While Trump claimed the subpoena was a politically motivated fishing trip, the committee said the documents were critical to drafting “legislation on fair tax administration, including legislation for the President’s tax compliance.”

The top Republican on the committee, Texas Representative Kevin Brady, accused Democrats of making a huge mistake by “rushing to target” Trump.

“Roads and Means Democrats are unleashing a dangerous new political weapon that reaches far beyond President Trump and jeopardizes the privacy of every American,” Brady said in a statement.

“In the future, partisans in Congress will have almost unlimited power to target political enemies by taking private tax returns and making them public to embarrass and destroy them. This is not limited to public officials, but private citizens, business and labor leaders, and Supreme Court judges.” said.

ABC News’ Aaron Katersky, Devin Dwyer, and Tal Axelrod contributed to this report.

Leave a Reply

Your email address will not be published. Required fields are marked *