The former US president, now officially a candidate in the 2024 presidential election, will have to submit his tax returns to Congress. Donald Trump was defeated on Tuesday in his latest appeal to the US Supreme Court.
The House Committee, which was in the hands of the Democrats until January, has been demanding for three years the documents submitted to the tax authorities by the billionaire between 2015 and 2020. But unlike all White House residents since the 1970s, Donald Trump has consistently refused to release his tax returns and fought furiously in the courts to block Congress’s request.
After many episodes, in late October, a federal appeals court authorized the tax authorities to submit these documents to a committee of the House of Representatives. The real estate mogul then filed an urgent appeal with the U.S. Supreme Court to block the transfer. This one suspended the transmission of documents on 1 November, pending the elements’ decision on the merits. After receiving arguments from both sides, she finally rejected Donald Trump’s request on Tuesday. In accordance with his practice, he did not explain his motives.
Speculation around his fortune
Although it was extensively revised by the former president, the High Court made several setbacks in this matter and, in particular, authorized the transfer of financial documents to the New York judge who is investigating him in 2020. Justice also scheduled Tuesday, October 2, 2023, a civil trial against Donald Trump and his three children accused of tax fraud within the Trump Organization.
The opacity of Donald Trump, who made his wealth a campaign argument, has fueled speculation for years about the size of his fortune or potential conflicts of interest. However, there is no certainty that the transfer of his tax records to Congress will lift the veil on the affairs of a seventy-year-old man.
The commission that called for these tax returns to make ethical rules in the affairs of presidents should not make them public. In January, the Republicans will take it back under their control and will probably give up this job.
Source: Le Parisien
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