October 25, 2021

The Queens County Citizen

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Donald Trump’s tax returns must go to Congress

Donald Trump's tax returns must go to Congress

The U.S. Justice Department on Friday ordered that tax returns of former President Donald Trump, always refusing to disclose them, must be sent to a congressional committee.

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In a memorandum, the ministry estimated that the House of Representatives’ Committee on Budget Questions provided “sufficient grounds to request the former President’s financial data and that the Treasury provide him with this information.”

Unlike all of his predecessors since the 1970s, Donald Trump, who has made his fortune a publicity stunt, has refused to publish his tax returns. Its lack of transparency fuels speculation over the extent of its wealth or potential interest conflicts.

To try to find out more, three committees of the House of Representatives controlled by the Democrats asked the accounting firm Mazar‌s in 2019, but the banks also asked Deutsche Bank and Capital One, the entire range of financial documents related to the business. Donald Trump and his relatives between 2010 and 2018.

The “Ways and Paths” Commission on the Ministry’s memorandum called for six-year tax declarations specifically as part of its power to audit tax services.

At the same time, Manhattan prosecutor Cyrus Vance also cited Donald Trump’s financial records as part of an investigation into violations of New York laws.

Arguing about his presidential immunity and separation of powers, Donald Trump fought all of these issues, twice going to the Supreme Court, which, in February, authorized the transmission of certain documents to the new legal system. Yorker. As the investigation is taking place behind closed doors, this information will be kept confidential.

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He may appeal again to oppose the Justice Ministry order but his intentions were not known on Friday.

Without waiting to find out about them, the Democratic president hailed the House of Representatives Nancy Pelosi as a “victory for the law”.

“Americans deserve to know the facts about his presidency, his disturbing conflicts of interest that have undermined our security and our democracy,” she said in a statement.

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