Beautiful Virgin Islands

Tuesday, Jun 24, 2025

House Dems poised to release Trump’s tax secrets

House Dems poised to release Trump’s tax secrets

The move could pile on to the controversies surrounding the former president.
House Democrats will likely unmask new details about former President Donald Trump’s long-hidden taxes following a key meeting now set for next week.

That would be a highly unusual move sure to ignite another post-presidential controversy surrounding Trump, who is running again for the White House.

Ways and Means Committee Chair Richard Neal won access to Trump’s filings in November, after a long court fight, but they remain closely held, with only a handful of lawmakers and aides allowed to examine them. They’re still protected by strict privacy laws that make it a felony for anyone to divulge even basic details about Trump’s taxes.

But there is a way around those rules: Neal’s committee could vote privately to make them public, and that’s what the Massachusetts Democrat wants his colleagues to consider in a closed-door meeting now set for Tuesday at 3 p.m.

Democrats intend to release specifics from the returns, though what exactly will be unveiled is unclear. They could release Trump’s entire returns or perhaps something more limited, such as a summary.

Most of Neal’s colleagues have yet to see the filings, though he has granted access to the panel’s ranking Republican, Rep. Kevin Brady (R-Texas).

It would be extremely rare for lawmakers to forcibly release someone’s tax information, especially a former president’s, and Trump was not legally required to disclose any of his tax information while he was running for president or after he was elected.

But he defied a decades-old tradition of presidents voluntarily releasing their returns, incensing Democrats, who waged a three-and-a-half year court fight for the documents. A century-old law allows the heads of Congress’ tax committees to see anyone’s returns.

Many Democrats say the public has a right to know where the president’s earnings come from, and how much he pays in taxes. They also want to know how vigorously the IRS has been implementing a long-standing policy of automatically auditing every president.

“Nearly four years ago, the Ways and Means Committee set out to fulfill our legislative and oversight responsibilities, and evaluate the Internal Revenue Service’s mandatory audit program,” said Neal, in a statement.

“As affirmed by the Supreme Court, the law was on our side, and on Tuesday, I will update the members of the committee.”

Democrats believe the law granting Neal access to the filings only applies to the chairs of the tax panels, not their ranking members, so they’re racing to act before Republicans take over the House on Jan. 3.

Neal demanded Trump’s personal returns and filings for eight business entities from 2015 to 2020.

That overlaps with some of the records previously reported by the New York Times but also includes ones from additional years.

Trump’s real estate business was convicted earlier this month of tax fraud. He is promising an appeal.

Republicans say Democrats want to embarrass Trump, and that releasing the returns would create a bad precedent that may be used against others.

Republicans, though, released protected tax information about conservative groups during the Obama administration, as part of their investigation into whether the IRS had discriminated against groups seeking tax-exempt status.

Before that, amid a controversy over former President Richard Nixon’s taxes, experts say Congress released some of his private information alongside filings that Nixon had voluntarily disclosed.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Macron and Merz: Europe must arm itself in an unstable world
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Airlines Evaluate Flight Cancellations Amid Escalating US-Iran Tensions
Starmer Invites Innovators to Join Government Talent Scheme
UK Economy’s Strong Opening Quarter Shows Signs of Cooling
Harrods Seeks Court Order to Secure Al Fayed Estate for Victims
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
BBC Demands Perplexity AI Immediately Stop Using Its Content
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
Fed policymakers divided on timing of interest rate cuts
Trump signals imminent agreement with Harvard University
Inheritance tax referendum alarms Swiss billionaire community
Japan cancels bilateral security meeting amid US defence demands
AI skeptic Emily Bender warns that ‘the emperor has no clothes’
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
×