A report issued by the Democratic-controlled House Ways and Means Committee finds that required IRS audits of Donald Trump were delayed
ExpandHouse Ways and Means Committee Chairman Richard Neal, D-Mass., talks to the media after the House Ways & Means Committee voted on whether to publicly release years of former President Donald Trump's tax returns during a hearing on Capitol Hill in Washington, Tuesday, Dec. 20, 2022. Left is Rep. Judy Chu, D-Calif., and right is Rep. Mike Thompson, D-Calif.
The release is the culmination of a yearslong fight between Trump and Democrats that has played out everywhere from the campaign trail to the halls of Congress and the Supreme Court. Democrats on the tax-writing Ways and Means Committee argued that transparency and the rule of law were at stake by voting to issue a report that legally rests on questions about how the IRS monitors U.S. presidents.
The bill, which could be considered in the waning days of the Congress, comes as Republicans vow to cut funding for more IRS agents as the first bill they will consider taking over the House majority in the new year.As a presidential candidate in 2016, he broke decades of precedent by refusing to release his tax forms to the public.
Details about Trump's income from foreign operations and debt levels were also contained in the tax filings, which the former president derided as “fake news." The DA’s office issued the subpoena after Trump’s former personal lawyer Michael Cohen told Congress that Trump had misled tax officials, insurers and business associates about the value of his assets. Those allegations are the subject of a fraud lawsuit that New York Attorney General Letitia James filed against Trump and his company in September.
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