Six Years of Donald Trump’s Tax Returns Handed to House Democrats

A years-long court fight has ended. Much to former President Donald Trump’s dismay, the House of Representatives Ways and Means Committee managed to obtain six years’ worth of his tax returns.

The committee has been seeking to obtain these finances spanning 2015 through 2020 for quite a while now. With Republicans well on their way to taking the House majority in January, they’ll definitely have their work cut out for them.

Ways and Means Committee obtains Trump’s tax returns

It was explained that Democrats required the documents to gain insight into whether the IRS is properly auditing the presidential tax returns. This is in order to decide whether additional legislation on the matter is needed.

Despite fighting tooth and nail for the documents not to be released, Trump, who started his third consecutive run for office on the 15th of November, lost the court battle, leading many to believe the timing was politically motivated.

However, Trump would be the first president in almost 40 years not to release his tax returns to the public…with his motive being preserving the privacy of his wealth, as well as the activity of his real estate company, that being the Trump Organization.

What’s often ignored is the fact it’s never been mandatory for presidents to reveal this information. Although it had been customary, meaning Trump had the full right not to provide the Ways and Means Committee with his tax returns.

Fake news strike again

According to several left-leaning media outlets, Trump spent years reporting heavy losses from his global business enterprises, all of it in an attempt to offset millions of dollars of income, with all of this information being questionable, of course.

The fact that the majority of billionaires in the US manage to get away with this doesn’t mean it automatically applies to Trump; one bad apple CAN corrupt the whole bunch, but it doesn’t necessarily have to.

Of course, the big question here is this: what will happen to these tax returns once the Republicans take control of the House in January, especially seeing as the committee will now have to do years of work in little over a month?

This is where the Senate Finance Committee stepped in.

Democrats on it said they were considering their options in regard to the aforementioned tax returns, as Democrats managed to retain their majority in Senate in the November elections.

Even though the odds may be stacked against him, even more so now that Democrats are pulling every trick in the book to put him down, Trump is not yet out of the 2024 presidential election.

There may be some pushback from within the GOP itself, considering that a massive amount of alternative candidates popped up, with the only real threat being Florida Governor Ron DeSantis.

DeSantis has yet to announce whether he’s even interested in a presidential bid or not.