What we know about Donald Trump’s tax returns
Donald Trump’s tax returns have been released to the public, drawing attention to the former president’s financial and business practices as he faces calls for criminal charges in connection with the Jan. 6 Capitol riots.
The partially redacted returns for 2015 to 2020 comprise nearly 6,000 pages.
A report by the committee pointed to a pattern of dubious claims about the use of professional expenses, trust deductions, “gifts in disguise” to his adult children and real estate rebates in New York.
Mr Trump was also revealed to have offshore bank accounts in China, the UK, Ireland and St Maarten and paid more tax abroad than in the US in his first year in office.
The former president has reacted angrily to the release of a statement warning that such a precedent could lead to “terrible things for many people” and make divisions in America “worse.”
Follow our coverage of what we know so far
Did Trump break the law to pay so little tax?
The sheer complexity of the former property mogul’s business empire means it takes time to sift through the nearly 6,000 pages of statistics, but what’s immediately clear is that he aggressively pursued legal but creative accounting strategies to ensure his federal tax contributions. As little as possible.
Oliver O’Connell31 December 2022 10:30
Debate clip resurfaces where Trump says he paid ‘millions’ in federal income taxes.
Oliver O’Connell31 December 2022 08:30
ICYMI: Trump’s tax returns were made public after years of court battles
A Democratic-controlled House committee released six years of President Donald Trump’s tax returns in an unusual move days before Republicans take control of the chamber.
The House Ways and Means Committee released the revised versions publicly Mr. TrumpCommercial and personal Tax return 2015 – when he announced his candidacy for the presidency in the 2016 election – until 2020, the last full year of his term.
Andrew Feinberg Washington, DC
Oliver O’Connell31 December 2022 06:30
Alyssa Farah says Kayleigh McEnany is ‘a liar and an opportunist’
A collection of deposition transcripts Made available by the House Select Committee to Investigate Capital Riots, including statements from Mrs. Farrah Griffin.
Craig Graziosi has the story.
Oliver O’Connell31 December 2022 04:30
Ginny Thomas admitted she knew of no evidence of voter fraud
In an interview House Committee Investigates Attack on US CapitolIn a transcript released Friday, Ms. Thomas said she was “not very deep” in her knowledge of specific voter fraud allegations during her campaign, but instead “based on what I believed in people. A message that was credible and that I believed in.”
Richard Hall reports on his testimony.
Oliver O’Connell31 December 2022 03:30
Trump aide reveals how long it took to shoot looters
It took a White House aide five hours to convince the then-president Donald Trump Dramatically, his infamous tweet calling for the shooting of looters during racial justice protests is back. January 6 Interview transcripts.
There is the story of Rachel Sharp.
Oliver O’Connell31 December 2022 02:30
Trump made millions from his father’s inheritance while losing his own assets
Donald TrumpWynn’s business empire relies heavily on public image and social favoritism — and the cost of promoting those trends is evident in the second year of his presidency, writes John Bowden.
Oliver O’Connell31 December 2022 01:30
Ginny Thomas says she’s sorry for the post-election Meadows news
Oliver O’Connell31 December 2022 01:00
Trump held offshore bank accounts in China, the UK and Ireland while in office
Donald Trump He held offshore bank accounts in China, England, Ireland and St. Maarten during his presidency, and he paid more foreign taxes than the United States during his first year in the White House, his returns show.
In 2017, Trump’s foreign financial interests were still apparently very strong; He paid more than $1m in taxes to other countries that year. But at the same time, his domestic efforts to save himself from taxes were in full swing, and he paid less than $1,000 a year in federal income taxes.
John Bowden has the details.
Oliver O’Connell31 December 2022 00:30
Meadows will not face voter fraud charges in North Carolina
Mark Meadows, Ex White House Chief of Staff to the President Donald TrumpHe will not face voter fraud charges related to his 2020 registration and failure to vote North CarolinaThe advocate general of the state government announced on Friday.
Meadows, a former congressman from western North Carolina, worked with Trump in his final months The Oval Office, who openly supports the former president’s baseless claims that the 2020 presidential election was stolen from him. Meadows drew the attention of government prosecutors when details surfaced that he was simultaneously registered to vote in North Carolina and two other states.
Oliver O’Connell31 December 2022 00:00