JUST IN: House panel votes along party lines to release report on Trump's tax returns in coming days
Committee Chairman Richard Neal, D-Mass., said supporting materials will be released along with the report. Texas Rep. Kevin Brady, the committee's top Republican, raised concerns about privacy as the documents could contain information such as Social Security numbers.
Committee Chairman Richard Neal, D-Mass., has kept a close hold on the actions of the panel, which planned to vote on the release in a closed session that could span several hours. And if lawmakers move forward with plans to release the returns, it's unclear how quickly that would happen. "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. "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.
The 2020 articles showed that Trump paid just $750 in federal income taxes in 2017 and 2018. Trump paid no income taxes at all in 10 of the past 15 years because he generally lost more money than he made. "Now, Donald Trump is the boss of the agency he considers an adversary," Neal said in 2020. "It is essential that the IRS's presidential audit program remain free of interference."
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