The House Ways and Means Committee, which managed to obtain Trump’s financial records after years of fighting, is said to be preparing to release them on December 30.
Anonymous sources told media outlets including The Associated Press and CNN that there will be a pro forma House meeting on Friday, during which the records will be released.
It was suggested that Trump’s tax returns could be released on Dec. 27, but now a redacted version of the record will be released just four days before Republicans take control of the House on Jan. 3. is set.
The release will cap off an already busy 2022 for Trump.
Not only is President Trump the first president to be criminally indicted for related actions on Jan. 6, but the FBI also raided his home in Mar-a-Lago, Fla., as part of a federal investigation into alleged misclassification. I was allowed to. Materials taken from the White House have since attempted to thwart attempts to retrieve them.
There have also been important updates in a number of other criminal and civil cases involving the former president.
These include a grand jury subpoenaed in Georgia to hear evidence about his criminal attempts to overturn the 2020 election. New York Attorney General Letitia James has also sued Trump for $250 million, alleging he mistakenly inflated his net worth by billions to get better results. . Loans and Other Financial Benefits.
Trump’s reputation within the Republican Party has also taken a big hit in 2022. It was widely accused of failing to regain control of the Senate and only winning a majority in the House. Many of his candidates, who supported his false claims that the 2020 presidential election was rigged, lost in the midterms.
It remains to be seen how much the release of Trump’s tax returns will hurt the former president, who has spent years trying to hide financial details.
Member of the Methods and Means Committee Rep. Don Beyer [D-VA] Already tweeted a major revelation from the documents that the Internal Revenue Service failed to audit Trump during his first two years as president, and began doing so after commission chair Rep. Richard Neal. [D-Mass] It was asking the agency for information related to Trump’s tax returns.
Some of Trump’s tax returns during his presidency were also previously leaked to the media.
September 2020, new york times It was revealed that Trump only paid $750 in federal income taxes in 2016 and 2017 and did not pay any income taxes in other years.
Newsweek I asked Trump for comment.