House Committee Releases Six Years of Trump's Tax Returns
Summary from the AllSides News Team
The Democratic-led House Ways and Means Committee released six years of former President Donald Trump’s tax returns Friday morning.
For Context: The release includes documents from 2015 to 2020, spanning Trump’s term in office and two years prior. The former president’s taxes came into the political spotlight when he refused to release them during his 2016 campaign, defying decades of precedent. The House Ways and Means Committee sought for years to uncover Trump’s tax returns, and Trump sued in 2019 to keep the documents from the committee. The committee released a report earlier this month summarizing its review of the documents and its findings. The committee also sought to investigate why the IRS, which is required to audit sitting presidents’ taxes, did not open an audit of Trump during his term until 2019.
Key Quotes: Trump criticized the committee, calling the release an “outrageous abuse of power” and saying the documents “once again show how proudly successful I have been.” Meanwhile, committee chairman Rep. Richard Neal (D-Mass.) defended the release, saying, “A president is no ordinary taxpayer. They hold power and influence unlike any other American. And with great power comes even greater responsibility.”
How the Media Covered It: Coverage was widespread and prominently featured across the spectrum. With some notable exceptions, left-rated outlets tended to attribute the release to the committee; right-rated outlets, on the other hand, tended to attribute the release to “House Democrats.”
Featured Coverage of this Story
From the Center
Trump tax returns made public after lengthy legal battleThe House Ways and Means Committee on Friday released six years of former President Donald Trump's individual income tax returns as well as filings from multiple Trump business entities.
The move wraps up a three-year court battle from Ways and Means' Democratic majority to obtain the returns and comes just days before Republicans take control of the House.
The filings (committee zip files) show that Trump and his wife, Melania, reported losses and owing $750 or less in federal income tax in most tax years from 2015 through 2020. Only in 2018 and 2019 did...
From the Left
Trump’s tax returns released, launching fresh scrutiny of his financesHouse Democrats released several years’ worth of former President Donald Trump’s tax returns on Friday, launching what is sure to be another round of intense scrutiny of his finances.
The drop marks an extraordinary step by the House’s top tax writer, Ways and Means Chair Richard Neal (D-Mass.), who had been engaged in a three-and-a-half-year legal battle over the release of Trump’s taxes until the Supreme Court ruled in his favor in November. It also adds to a growing list of political and legal challenges for Trump as he mounts his 2024...
From the Right
Trump tax returns released to public after multiyear battle by DemocratsFormer President Donald Trump's tax returns have been released in full after a multiyear quest by Democrats.
The returns, which cover six years of Trump's life, were entered into the congressional record on Friday morning. Bank account information, Social Security numbers, and other information were redacted from the returns before their public release. The release includes not only Trump's tax returns but also returns from eight business entities affiliated with the former president.
Democrats have been using the legal system to try to obtain the returns for more than three years. House Ways and Means Committee...
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