In this video, I discuss Trump Tax Return. The video is based on the NY Times press report in October 2020 about Trump Tax returns.
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On Sunday, the New York Times published a bombshell report that President Donald Trump paid only $750 in federal income taxes in his first year in office. While this and other details from the president’s taxes were stunning, so too was the source that brought them to light: the New York Times. This is not only because the president has sought to shield his tax returns from the public eye since he first declared his candidacy in 2015, but also because Congress has been seeking these and other financial records for nearly two years. As of this publication, however, none of that subpoenaed financial information has been turned over to Congress.
Why did the New York Times get Trump’s tax returns before Congress did? The answer is that the federal courts have enabled Trump’s efforts to delay the litigation concerning the House’s subpoenas until at least after the 2020 election, despite the time-sensitive nature of these cases. The success of Trump’s efforts to delay these cases—and the judiciary’s acquiescence—offers important lessons to future congresses that wish to engage in legitimate investigations of a president.
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