The Democratic-controlled House Ways and Means Committee is expected to vote on whether to publicly release years of Donald Trump's tax returns, which the former president has long tried to shield.
The Pulitzer Prize-winning 2018 articles showed how Trump received a modern equivalent of at least $413 million from his father's real estate holdings, with much of that money coming from what the Times called “tax dodges” in the 1990s. Trump sued the Times and his niece, Mary Trump, in 2021 for providing the records to the newspaper.
At the time of the 2020 articles, Neal said he saw an ethical problem in Trump overseeing a federal agency that he has also battled with legal filings. The office, then led by District Attorney Cyrus Vance Jr., had subpoenaed Trump’s accounting firm in 2019, seeking access to eight years of Trump’s tax returns and related documents.
President Trump calls the New York Times reporting that he paid just $750 in federal income taxes in 2016 and avoided taxes all together in many of the previous years "fake news." The current Manhattan district attorney, Alvin Bragg, told The Associated Press in an interview last week that his office’s investigation into Trump and his businesses continues.Trump, who refused to release his returns during his 2016 presidential campaign and his four years in the White House while claiming that he was under IRS audit, has argued there is little to be gleaned from the tax returns even as he has fought to keep them private.
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