Home News House Releases Trump Tax Records

House Releases Trump Tax Records

1133
13
Donald Trump via Gage Skidmore Flickr

The House Ways and Means Committee released a partially redacted version of former President Donald Trump’s taxes on Friday.

The committee voted 24 to 16 along party lines to release Trump’s tax returns late Tuesday evening. 

The House Ways and Means Committee released six years’ worth of Trump’s tax returns totaling 46 individual documents with hundreds of pages and more than a gigabyte’s worth of data.

According to Fox News, the financial documents cover six years of Trump’s individual returns filed jointly with his wife, Melania, including his time in the White House. The document dump also includes tax forms for several of Trump’s business entities that were investigated by Ways and Means Democrats, a report from the Democratic majority, and a response by Republicans on the committee. 

Ways and Means Committee Democrats released a report on Trump’s taxes last week that showed the former president paid little to no federal income taxes on his multimillion-dollar income from 2015 to 2022, as he claimed millions in business losses.

The analysis within the reports conclude that any lack of proper taxation on Trump’s earnings appears to have been ultimately a failing of the IRS and not the result of pressure or obfuscation from the White House.

Trump’s family of enterprises used reported losses, foreign tax credits, deductions, charitable donations and many other financial maneuvers to great effect in offsetting taxation on profits.

These business tactics frequently shrank his otherwise sizable tax requirements down to miniscule amounts — sometimes under $1,000, according to the committee.

This story is breaking. Stay with Great America News Desk for the latest updates.

13 COMMENTS

  1. I’ll bet the politically biased D’s they never disclose the “tax laws” that underpin the legalities/so-called loopholes used in filing his returns!

  2. WE NEED Nasty & gay Paul Piglousy’s tax returns- NOW. Those will show really INTERESTING, if not criminal, insider trades, plus foreign dealings. Note: Paul Jr is the equivalent of Hunter, if not more corrupt, foreign dealer in China, etc. He tagged along with Piglousy, on the taxpayer’s dime, making huge deals along the way. The new committee seated in Jan. can demand them and the IRS cannot refuse now that it has released the Trump’s returns. After all, turnabout is fair play.

  3. Anyone who’s really interested Trump’s taxes should check out “How Congress Cut Trump’s Taxes – WSJ”
    Sorry, Dems – there’s no GOTCHA there.

  4. I agree with Carolyn, lets look at Joe and especially Hunters tax returns and the “Clinton Foundation” and see how the Obama’s were able to buy multi million dollar properties. What’s good for the goose, as they say!

  5. I want obama , Clinton’s, bushes, no delay A SAP immediately right know by Monday no way to hide their criminal behavior Biden and his entire administration congress senate lets get them all if illegal proven arrested immediately no exceptions no excuses no plea deals cease assets and property around the world time to clean this infestation out of Washington then start on state employees governor on down

  6. Demonrats conveniently leave out the fact that they crafted the very “loopholes” that Trump’s accountants used for his returns in order to benefit their numerous mega donors. Hypocrisy on steroids.

  7. They pick on Trump who didn’t collect pay while president filed tax returns with legal deductions and all along they the accusers are the thieves stealing a American people of their freedom in the process of gutting our country financially and morally…..
    Sick people.

  8. Not only did they release private records, they pissed all over the fourth amendment for political gain, as did you double standards of justice Supreme Court!

LEAVE A REPLY

Please enter your comment!
Please enter your name here