Trump did not pay taxes in 2020, his income statement released by Congress reveals

A US congressional committee today released former President Donald Trump’s tax returns (2017-2021) for six years, including those of his term. The House Ways and Means Committee, controlled by the Democratic Party, published his tax returns from 2015 to 2020, closing a long dispute with Trump, who had tried to judicially block the publication.

The documents reveal the Republican paid $642,000 in 2015 when he began his presidential run; but only $750 in both 2016 and 2017, his first year as a White House tenant. In 2018 he paid almost a million dollars, in 2019 it was more than 133 thousand dollars, but he paid zero dollars in 2020, the year in which he lost to Democrat Joe Biden.

The highest court approved the release of the income documents

Trump, who aspires to run again in 2024, had asked the Supreme Court that his statements be kept secret, but on November 22 the highest US judicial body rejected his request.

In addition, it was learned last week that the Treasury Department (IRS) did not audit Trump’s taxes during his first two years in office, 2017 and 2018, although it was required to do so, and did not begin reviewing them until Congress asked him to. this information in 2019.

“A president is not an ordinary taxpayer. He has power and influence unlike any other American. And with great power comes even greater responsibility,” Legislative Committee Chairman Richard Neal, Democrat, said in a statement Friday.

Trump says paying less tax is proof of ‘success’

The Republican argued that the few taxes he’s paid over the years show just how “successful” he’s been at using “tax deductions” and creating “thousands of jobs.”

The battle over those statements dates back to 2019, when the Ways and Means committee issued a legal subpoena to access that information as part of its investigation into possible tax violations by Trump.

He based the petition on a 1924 law that allows leaders of certain congressional committees, including Ways and Means, to ask the Treasury and the U.S. Secretary of the Treasury to release any taxpayer’s tax returns.

Trump was the first US president since Gerald Ford (1974-1977) not to publish his tax returns each year, a tradition his predecessors considered part of their duty of transparency and accountability to the people.

The U.S. House of Representatives last week passed a bill in favor of annually auditing presidents’ tax returns after it was learned that Trump’s were not audited by the Treasury in his first two years in office.

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