The House Ways and Means Committee will release former President Donald Trump’s tax returns Friday morning. The returns will be placed into the congressional record on Friday morning during a House pro forma session. That pro forma session will occur around 9 a.m. ET on Friday. There will also be a formal announcement Friday from the committee. The highly anticipated release comes after the panel last week asserted that the IRS failed to properly audit the former president’s taxes while he was in office. Reuters has the story:
Trump tax to be released by House panel on Friday
Newslooks- (Reuters)
Former President Donald Trump’s redacted tax returns will be made public on Friday, a spokesperson for the U.S. House of Representatives Ways and Means Committee said on Tuesday.
The Democratic-controlled committee obtained the returns last month as part of an investigation into Trump’s taxes, after a lengthy court battle that ended with the U.S. Supreme Court ruling in the committee’s favor.
The committee released a report into its findings last week, which said the Internal Revenue Service (IRS) broke its own rules by not auditing Trump for three of the four years of his presidency.
The documents to be released on Friday are expected to include Trump’s tax returns filed between 2015 and 2021, the years he ran for and served as president.
A spokesperson for Trump declined to comment.
Trump’s tax returns were not released alongside last week’s report because they contained sensitive information that had to be redacted before publication, committee members said.
Democrats on the committee said making the returns public was necessary to understanding the context of its report, which also included legislation that would mandate the IRS to audit presidents.
Trump was the first presidential candidate in decades not to release his tax returns during either of his campaigns for president.
Democrats on the committee had only a few weeks to decide how to handle the returns once they got them, before Republicans retake control of the U.S. House in January after winning a narrow margin of victory in November’s midterm elections.
