U.S. House panel releases redacted version of Trump’s tax returns

Former President Donald Trump addressed a summit organized by a group of former White House officials and Cabinet members who have been crafting an agenda for a possible second Trump administration. But he spent plenty of time airing his usual grievances (PHOTO/Courtesy)

WASHINGTON, Dec. 30 (Xinhua) — The U.S. House Ways and Means Committee released a redacted version of former President Donald Trump’s tax returns on Friday.

The documents include six years of tax information for the time Trump, a Republican, served as U.S. president and campaigned for the White House, from 2015 to 2020. The House panel, led by Democrats, released a report on Trump’s taxes last week, showing that he paid little-to-no federal income taxes while claiming business losses. Trump responded to the release of his tax returns on Friday, saying that “the Democrats should have never done it.” “The radical, left Democrats have weaponized everything, but remember, that is a dangerous two-way street!” warned Trump. Trump refused to release his tax returns during his 2016 presidential campaign and four years in the White House, breaking a precedent in U.S. politics.

U.S. Congressman Don Beyer, who sits on the House Ways and Means Committee, said on Friday that Trump “abused the power of his office to block basic transparency on his finances and conflict of interest.” “Trump used questionable or poorly substantiated deductions and a number of other tax avoidance schemes as justification to pay little or no federal income tax in several of the years examined,” the Virginia Democrat added. Trump, who launched a third bid for the White House last month, has repeatedly criticized investigations related to him, calling them politically motivated.

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