Time was running out. In a few days, the Republicans will take over the House of Representatives, which the Democrats have controlled since Joe Biden became president. Trump (76) is the only president in American history who has not disclosed this information voluntarily. Now the document, which shows Trump’s self-reports from 2015 to 2020, is available to the public. During his first three years as president, Trump paid $1.1 million in federal income taxes, according to the New York Times. In 2020, he will not have paid any tax whatsoever, as a result of declining income and the loss of large sums of money. Staff in the investigation committee transport boxes of documents after a meeting about the self-reports. Photo: JONATHAN ERNST / Reuters Trump reported a monetary loss of 4.8 million dollars this year, and no income tax at all, while the country was ravaged by the corona pandemic. In contrast, he reported $24.3 million in gross income and paid nearly $1 million in federal taxes two years earlier, in 2018. This increase in income came largely from the sale of $22 million in property and investments. Trump: – A terrible abuse of power In a campaign video last Friday on the Truth Social platform, Trump responded to the committee’s decision. He called it a “terrible abuse of power” and “completely contrary to the constitution”. – There is no legitimate basis for their actions. If you look at what they have done, it is so sad for our country, he said further. – There is nothing other than a mindless political witch hunt that has been going on since the day I got off the elevator in Trump Tower. Trump also claimed that the Democrats had obtained access to these documents illegally, and then leaked them to the public. This is not true. Republican Kevin Brady, who is also a member of the committee, is also critical of the publication. According to NBC, he calls the publication of the document an act “unprecedented”, and says it will “put at stake the right of each and every American to protect themselves against targeted political attacks from Congress”. Some personal information has been edited out of the original, such as Trump’s social security number, reports NBC. Not checked for two years The battle over self-reports has been going on in the American legal system for several years, and was taken as far as the Supreme Court. There it was decided that the committee was allowed to publish the document, if they agreed on it. Ten days ago, the committee published two reports dealing with Trump’s finances. The committee in the House of Representatives has also published two reports on the lack of control of the former president by the IRS. Photo: Jon Elswick / AP They had discovered that Trump was not investigated by the US Internal Revenue Service (IRS), as all US presidents must, in the first two years of his presidency. The Internal Revenue Service also did not start with this until the Democrats demanded access to the self-reports in 2019. – Our results turned out to be simple – the IRS did not start the mandated control of the former president until I submitted my original request, says representative Richard E. Neal from Massachusetts, who heads the committee. It was therefore one year after this money was claimed that Trump did not pay any income tax.
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Paid no income tax in 2020 – news Norway – Overview of news from different parts of the country
