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Trump Tax Returns to be relesed Friday.


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The House Ways and Means Committee plans to release Donald Trump’s tax returns on Friday, a spokesperson for the Committee said Tuesday.

The committee had voted to make the returns public in a party-line vote last week and initially planned to release the documents as early as last Wednesday, but the disclosure has been delayed as staffers are still redacting sensitive personal information like Social Security numbers from the documents.

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42 minutes ago, bamnutsak said:

Interesting that Obama, Biden, Comey and McCabe were audited. Obama and Biden because it is required by law, while the latter two were targeted as "enemies". But trump, oh no, we don't have enough staff.

 

 

I don't know the details, but with Trump and all his businesses they probably need 10 or 100 times the amount of people compared to the others. That is no reason not to audit him, but it will be considerably more work.

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Expect the tax returns will draw attention to prosecutors. There are interesting revelations in the summaries of the House Ways and Means Committee's analysis that will trouble the former President. Just one report point to a glaring institutional failure by IRS to undertake mandated audits of his returns. Did Trump and his cohorts ran roughshod over institutional checks and balances? The no tax that he paid, tax deductions will also be of interest to prosecutors. I don't think Trump will sleep well when the tax returns are released. 

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21 hours ago, OneMoreFarang said:

And what will it change?

Will any of his supporters read it or even listen to a 1-minute summary and then change their mind about him?

If he cheated and paid no taxes, they will call it "smart". 

Why would anything change? If he had committed tax fraud the IRS would have indicted him by now.

Don't all rich people pay experts to minimize their tax ?

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