The House Ways and Means Committee on Friday released six years of Donald Trump’s taxes, ending several years’ worth of protracted court battles over releasing the former president’s financial documents.
The committee’s decision to release Trump’s taxes comes as Democrats are slated to cede control of the House next week. Republicans, who took the majority on Nov. 8, are scheduled to take over House committees.
Last week, the Democrat-led Ways and Means panel voted to release the tax returns before releasing two reports, with one saying that the Internal Revenue Service (IRS) did not audit the former president for the first two years he was in office. The Joint Committee on Taxation stated Trump paid no federal income tax in 2020 during the final year of his presidency, paid $750 in income taxes in 2017, and paid about $1.1 million in net federal income taxes in 2018 and 2019….