|
Post by Admin on Oct 14, 2020 19:52:42 GMT
President Trump has filed an emergency request with the Supreme Court to block the release of his tax returns. The request comes as the Senate is holding confirmation hearings for Judge Amy Coney Barrett, the president's nominee to the Supreme Court.
Last week, a federal appeals court ruled Manhattan District Attorney Cyrus Vance can enforce a subpoena for Mr. Trump's business records and tax returns, a blow to the president as he tries to keep those returns from a grand jury. The president's attorneys are asking the Supreme Court to grant a stay, to hear the case and overturn the lower court's decision.
"The president should have a fair chance to develop his serious overbreadth and bad-faith claims before his records are disclosed," the president's attorneys write. "The court should preserve the status quo in order to afford the president that opportunity."
The New York Times has obtained years' worth of the president's tax returns, showing he only paid $750 in U.S. taxes during 2016 and 2017.
The president claimed before the 2016 election that he would release his tax returns, but has never done so, claiming his returns are still under audit.
|
|
|
Post by Admin on Feb 23, 2021 22:34:22 GMT
The Supreme Court declined Monday to block a New York grand jury from getting former President Donald Trump's personal and corporate tax returns, a decisive defeat in his long legal battle to keep his tax records out of investigators' hands. The ruling doesn't mean the returns will become public any time soon, and they might never be publicly released. Under New York state law, materials turned over to a grand jury must be kept secret. But Manhattan District Attorney Cyrus Vance can now require Trump's accountants to turn over the records that Trump has steadfastly refused to surrender to prosecutors or Congress. "The work continues," Vance said in response to the order. Trump issued a long statement decrying the order as the continuation of a politically motivated hunt, and he vowed to "fight on." "The Supreme Court never should have let this 'fishing expedition' happen, but they did," the statement said. "This is something which has never happened to a President before, it is all Democrat-inspired in a totally Democrat location, New York City and State, completely controlled and dominated by a heavily reported enemy of mine, Governor Andrew Cuomo." Vance is seeking tax returns covering eight years for a grand jury investigation of hush money payments and other financial transactions. The investigation began after it was disclosed that former Trump lawyer Michael Cohen paid Stormy Daniels $130,000 to keep quiet about her claim that she had an affair with Trump, an allegation he has denied.
|
|