“Our concern is that, if taken, this committee action will set a terrible precedent that unleashes a dangerous new political weapon that reaches far beyond the former president and overturns decades of privacy protections for average Americans that have existed since the Watergate reforms.” “Our concern is not whether the president should have made his tax returns public, as is traditional, nor about the accuracy of his tax returns,” Brady said. Kevin Brady of Texas, the committee’s top Republican, called any release of Trump’s tax records a “dangerous new political weapon” that “even Democrats will come to regret.” Republicans have railed against the potential release, arguing that it would set a dangerous precedent.īefore Tuesday’s meeting, Rep. politics despite losing reelection in 2020. With just two weeks left until Republicans formally take control of the House, Tuesday’s meeting was an opportunity for Democrats to disclose whatever information they have gleaned on a figure who still shapes U.S. The committee received six years of tax returns for Trump and some of his businesses.ĭemocrats are under pressure to act aggressively. The report comes after a yearslong battle that ultimately resulted in the Supreme Court clearing the way last month for the Treasury Department to send the returns to Congress. The report could provide a fuller look into Trump’s personal and business finances, possibly revealing how much money he paid in taxes, what income he derived from foreign operations and whether his income was as large as the reputed multibillionaire has suggested. READ MORE: Supreme Court clears way for handover of Trump tax returns to Congress Kevin Brady, the committee’s top Republican, raised concerns about privacy as the documents could contain information such as Social Security numbers. Trump, who was indicted in New York for allegedly falsifying business records to cover up hush money payments to a porn star and faces federal criminal charges in Florida for his handling of classified documents upon leaving office in 2021, has criticized Hunter Biden’s deal with prosecutors as a mere "traffic ticket.WASHINGTON (AP) - The Democratic-controlled House Ways and Means Committee voted along party lines Tuesday to publicly release a report on Donald Trump’s tax returns, which the former president has long tried to shield.Ĭommittee Chairman Richard Neal, D-Mass., said supporting materials will be released along with the report. He has publicly discussed his struggles with addiction, including alcoholism and crack cocaine use. Hunter Biden has worked as a lobbyist, lawyer, consultant, investment banker and artist. Weiss has also said he faced no interference. Attorney General Merrick Garland has denied allegations of special treatment and said Weiss was given full autonomy to investigate Hunter Biden. White House spokesperson Karine Jeane-Pierre said the president supported his son, adding, "Hunter Biden is a private citizen and this was a personal matter for him." Weiss was present in court on Wednesday but did not speak. Those allegations spurred the criminal investigation by Weiss, who in a departure from typical practice was allowed to remain in office to continue the probe after Biden defeated Trump in the 2020 election. News of the plea deal in June sparked accusations of favorable treatment for the president’s son from Trump and his Republican allies, who have for years accused the younger Biden of influence-peddling abroad, among other things.
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