The House of Representatives United States, has given the green light to release Donald Trump’s 2015-2020 tax returns after years of fighting. Thousands of pages, the entire documentation of the former USA President’s complex and diverse galaxy of business, real estate and corporate investments. Just ten days ago, the House Ways and Means Committee released two dossiers on the house’s former tenant’s taxes White House, which has shed much information about Trump’s relationship with the Treasury official during his years as President. Not only. The report also questions the work ofirthe United States tax collection agency, for failing to investigate and properly monitor Trump’s income and wealth situation during his tenure and through 2019. The documents already viewed showed that Trump paid for the first three years of his presidency $1.1 million in federal income taxes, but he paid no taxes in 2020 as his income declined and losses mounted. Trump even paid off in his first year as president 750 dollars of federal tax with losses of approx 13 million dollars. One of the questions that the published documents can now answer is whether – and how much – Donald Trump has benefited from the fiscal policy he himself undertook. Beginning with the Tax Cuts and Jobs Act of 2017, which provided a range of tax breaks and cuts for businesses and wealthy people.
The Former President’s Anger and the Accounts in China
“The Democrats shouldn’t have done that, la Supreme Court he shouldn’t have approved it,” Donald Trump said furiously at the release of his tax returns. “It could lead to terrible things for a lot of people,” added the former president, “the far-left Democrats are arming everything.” According to Trump, who is running for the White House again in the 2024 election, the documents prove him right: “They prove that I was successful and with a few tax deductions I was able to create thousands of jobs.” 2020 had bank current accounts abroad, including one in Germany China from 2015 to 2017.
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