Donald Trump’s statements are public – after long litigation

Six years and thousands of pages of Donald Trump’s tax returns have become public After several years of disagreement, as the former President of the United States tried to keep it secret. Now a House committee has released his remarks — before a Republican majority takes over the House on Jan. 3.

The ads apply to the years 2015 to 2020 and are released with some confidential information, such as Trump’s bank account number, the AP reports.

As long as Trump has been president, the Justice Department has failed to request the documents, but the new administration last year ordered the IRS to turn over the records.

Documents confirm that Trump paid no federal taxes in 2020, and only $750 in 2016 and 2017. However, Trump paid nearly $1 million for 2018, according to reports. BBC.

According to CNN, the documents also confirm that Trump reported millions of dollars in losses and expenses before and throughout his presidency — to reduce his tax burden. In 2017, for example, Trump claimed that the company that operates his personal helicopter made $42,965 in profits. At the same time, the company must have exactly the same amount of expenses. He gave the company no income and therefore nothing for taxes, which raises questions according to experts.

Total spending corresponding to total income is a statistical impossibility. It simply isn’t happening, Martin Schell, a former special agent with the IRS, told CNN.

According to CNN, Trump also had foreign bank accounts in, among other places, Great Britain, Ireland and China between 2015 and 2020, for example an account in China that is said to be linked to one of his companies. The account in China he has The New York Times previously reported in.

Turned to court

Trump went to court to try to keep the statements confidential but lost in several cases. In November, the Supreme Court ruled that they should be released to the Treasury Department. The congressional committee then received tax returns for Trump and some of his companies for the years 2015-2020.

Trump came under fire for a series of deals during his years as a developer in New York and was the first president in 40 years not to release his tax returns.

“It will lead to terrible things.”

After the publication, Trump reacted vigorously. He considers issuing pronouncements against the rules.

“The Democrats should never have done this, the Supreme Court should never have agreed to it, and it would do terrible things for a lot of people,” Trump said in a statement. CNN.