Thursday, April 25, 2024

Democrats Release Trump’s Tax Returns

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The has released six years of former President 's tax returns.

The announcement marks the culmination of a years-long legal battle and offers a detailed account of the billionaire's recent financial history.

Per CNBC:

The panel voted last week to make the returns public with redactions of sensitive information after a lengthy legal battle over making the documents public. The Ways and Means Committee last month obtained Trump's personal and federal income tax returns for the years 2015 to 2020. It had sought the records since 2019, when Trump was president, and he tried to block their release in court.

The committee released a report summarizing the ex-president's returns earlier this month. The summary prepared by the Joint Committee on Taxation showed Trump declared negative income in 2015, 2016, 2017 and 2020. He paid a total of $1,500 in income for the years 2016 and 2017.

The Democratic-led panel released the returns only days before Republicans are set to take control of the House and the Ways and Means Committee.

The vast majority of House GOP lawmakers have defended Trump, who has launched another bid for the Republican presidential nomination in 2024.

American Liberty News previously reported on the Ways and Means Committee's vote to release Trump's tax returns:

The committee voted 24-11. Ranking Member Kevin Brady, R-Texas, said afterward that the decision would set a dangerous precedent.

As a presidential candidate in 2016, Trump broke with recent tradition by declining to release his tax returns.

The Joint Committee on Taxation's full report is available here.

The report includes claims of massive losses by Trump, which significantly reduced his taxable income.

According to sources close to the committee, Trump's federal tax returns will be placed in the congressional record.

This is a story. Click refresh for the latest updates.

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ALN Staff
ALN Staff
ALN Staff is a dedicated group of liberty-minded professionals available 24/7 to keep you informed on the news that matters.

10 COMMENTS

  1. Release the whole Biden criminal family’s returns as well as drunk Pelosi’s stock buying; Soros and Obama need to show the thievery they’re involved in; all Soros bought candidates, including DAs, judges, etc. Post all of these criminals’ info.

    • That was my reaction to this as well, Trump donated all of his income as President to charities, so is his tax return surprising. Let’s see Joe Biden’s and the rest of his families tax returns. Let us see the tax returns of every politician who has become a millionaire since being elected! There are so many corrupt politicians and they have the nerve to go after Trump who was wealthy before he was elected, he did not become wealthy after being elected, as so many politicians have. Oh hell, lets just make every politician make their taxes public!

    • I agree with you, Let’s face it. Most of the politicians are corrupt. Thay all have something to hide. If They can do this to Trump, why not all of them?????

  2. This is disgusting!! Lawmakers are responsible for IRS tax laws and nobody in their right mind would NOT take advantage of the loopholes; that’s what all politicians and wealthy people have always done! Releasing Trump’s returns to the public does not serve any legislative business and neither did the BS reason they gave for wanting them in the first place.

  3. I third that
    The Gall of these traitors
    This is an act of war with the MAGA right – the most dangerous of us to democracy. They don’t even know what democracy is.
    We need to expose every single solitary corruption of the left NOW!
    Trump scares the crap out of these morons – they know if he gets back in they are toast. They’re just poking the bear.

    • I hope your right.\!!!! They are nothing more than Money hungry morons with no morals, they are all hypocrites. I just can’t believe all they have done to ruin this country and make us looks like fools. AND NOTHING IS BEING DONE ABOUT IT.

  4. If the IRS didn’t go after him, what makes them think they will find anything incriminating? And as the article said, releasing a presidential candidate’s tax returns is TRADITION, not a law nor a requirement.

    The Democrats on the House Ways & Means Committee just need to feel like they are serving a real purpose. Unfortunately, most of them are just wastes of oxygen.

    If the GOP majority doesn’t do some actual cleaning up in the next 2 years, they are “toast””and, sadly, so is the country.

    • Seriously what makes you think they are going to do anything. They have all had there heads up there a&$es since this jerk and his handlers got into office. He hasn’t done one smart thing. And the dopes working with him are getting away with it.

Comments are closed.

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