The Democratic-controlled House Ways and Means Committee voted along party lines Tuesday to publicly release a report on Donald Trump's tax returns, which the former president has long tried to shield.
The Democratic-controlled House Ways and Means Committee voted along party lines Tuesday to publicly release a report on Donald Trump's tax returns, which the former president has long tried to shield.
Democrats are under pressure to act aggressively. With just two weeks left until Republicans formally take control of the House, Tuesday's meeting was an opportunity for Democrats to disclose whatever information they have gleaned on a figure who still shapes U.S. politics despite losing reelection in 2020.
Tax records would have been a useful metric for judging his success in business. The image of a savvy businessman was key to a political brand honed during his years as a tabloid magnet and star of"The Apprentice" television show. They also could reveal any financial obligations — including foreign debts — that could influence how he governed.
The articles exposed deep inequities in the U.S. tax code as Trump, a reputed multi-billionaire, paid little in federal income taxes. IRS figures indicate that the average tax filer paid roughly $12,200 in 2017, about 16 times more than the former president paid. The Manhattan district attorney's office also obtained copies of Trump's tax records in February 2021 after a protracted legal fight that included two trips to the Supreme Court.
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