A committee of the United States Congress released, this Friday (30), the income statements of Donald Trump, following a long legal battle by the former president to keep his finances confidential.
Trump, who is preparing to run for the White House once more in 2024, has refused to release his income statements, unlike all his predecessors since the 1970s, which has raised many questions regarding their content.
In mid-December, a congressional committee voted to publish the Republican billionaire’s IRS tax returns between 2015 and 2020.
Three years ago, this group of legislators demanded the documents sent by Trump to the US Internal Revenue Service during this period, which the former president refused to do. Finally, the Supreme Court ruled in his favor at the end of November.
Trump, 76, strongly denounced that decision in a written statement sent to CBS on Friday.
“‘Trump’s’ tax returns show once once more how proudly successful I have been and how I have been able to use depreciation and other tax deductions as an incentive to create thousands of jobs and magnificent structures and businesses,” he wrote.
The publication represents a new setback for the former president, who is already the target of numerous investigations into the management of the White House archives, as well as his financial affairs in New York.
Trump’s lack of transparency, which made his wealth a campaign argument, has fueled speculation for years regarding the extent of his wealth and potential conflicts of interest.
His family’s company, the Trump Organization, was convicted in early December of financial and tax fraud following a New York trial. The former Republican president was not prosecuted in the case.
Another congressional report on the US tax agency found that it failed to do what it was supposed to do during most of Trump’s term.
“This is a major failure by the US tax authorities,” said the committee’s chairman, Democrat Richard Neal.
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