The Longest Witch Hunt Goes on… Democrats Release Trump’s Tax Returns Before Losing Power; Trump Reacts

Democrats in control of the U.S. House Ways and Means Committee released six years of former President Donald Trump’s tax returns on Friday, an unprecedented intrusion that revealed nothing in particular.

The release marked the first time Congress had ever obtained and published the tax returns of any individual.

The six years of newly-released returns, covering the years 2015 through 2020, show that Trump paid a total of $4.4 million in federal income taxes over that period, with an adjusted gross income of -$53.2 million. “The Trumps paid some form of federal taxes every year, but they reported income-tax liability of $750 or less in three of the six years,” the Wall Street Journal noted. Democrats point to some potential problems. They claim that Trump’s tax returns as president were not properly audited by the IRS (a claim the IRS disputes). They also complained about charitable deductions and whether loans to his children should have been taxed as income. . .

However, there appeared to be few bombshells. In a statement on Truth Social, his social media platform, the former president said the returns showed “how proudly successful I have been” and warned that “the Democrats should never have done it.”

Republicans echoed the latter sentiment, saying the release of the tax returns seemed to have a purely political motive, and opened the door for Republicans to do the same in future. (Read more from “The Longest Witch Hunt Goes on… Democrats Release Trump’s Tax Returns Before Losing Power; Trump Reacts” HERE)

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