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Former President Trump’s Tax returns released on 30th Dec 2022

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Friday brings Donald Trump’s redacted 2015-2021 tax returns. The US House Ways and Means Committee spokeswoman confirmed 30 December.

After a lengthy court battle, the Democratic-controlled committee received the returns last month to investigate the former Republican president’s taxes.

Last Monday, the committee reported that the IRS disregarded its own regulations by not auditing Trump for three of his four years in office.

The findings cast doubt on Trump’s claim that he could not reveal his tax returns, as past presidents have done, because they were under IRS investigation. The committee also condemned the IRS for auditing poor people more than wealthier ones

On November 15, 2022, former President Donald Trump announces his third presidential run at Mar-a-Lago in Palm Beach, Florida. After three years, the Supreme Court allowed a congressional committee to get former President Donald Trump’s tax returns. The Democratic-controlled House Ways and Means Committee requested Trump and certain of his businesses’ 2015–2020 tax returns. The court’s Nov. 22 order removes any legal hurdles. File/AP

Trump was the only presidential candidate in decades to not reveal his tax returns during either campaign.

Trump’s spokeswoman declined to comment.

Committee members claimed Trump’s tax returns were not provided with last week’s report because they contained sensitive material that had to be redacted.

Democrats on the committee said making the returns public was crucial to understand its report, which included legislation requiring the IRS to audit presidents.

After receiving the returns, committee Democrats had only a few weeks to decide how to handle them before Republicans retook control of the US House in January after a narrow midterm election victory.

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