Trump's Tax Returns , Are Handed Over , to House Committee.
Six years of Trump's tax returns have been turned over
to the House Ways and Means Committee by the IRS.
The development comes after the U.S. Supreme Court ruled it would not intervene on behalf of former President Donald Trump.
Treasury has complied with last week’s court decision, Spokesperson for the U.S. Treasury, via CNN.
The committee first requested Trump's tax returns in 2019.
Since then, Trump has prevented the release of his returns through litigation.
His tax returns will likely remain private for some time.
The head of the committee, Rep. Richard Neal (D-MA), briefly described the next step.
The next step is
to have a meeting of
the Democratic caucus, Rep. Richard Neal (D-MA), House Ways and
Means Committee Chairman, via CNN.
Trump argued that the decision to turn his tax returns over to Congress would have "far-reaching implications.".
No Congress has ever wielded its legislative powers to demand a president’s tax returns, Donald Trump, Former President, via CNN.
Trump is the first president since Gerald Ford to have withheld a portion or all of his tax returns from the public.
During his campaign for president,
he stated he was under audit by the IRS.
According to CNN, an audit does not prevent a person
from releasing their tax returns to the public.
In 2020, 'The New York Times' reported that Trump had not paid federal income tax for
10 years between 2000 and 2015