The New York prosecutor will now be able to see the tax returns and other financial statements of 45 US President Donald Trump. The Supreme Court, as it became known on February 22, made just such a decision.
Trump must file tax returns with the prosecutor’s office as part of a criminal investigation into alleged financial abuse.
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Trump must show declarations: court decision
Donald Trump asked to suspend the decision of the lower court of October 7. Then the accounting firm of the Republican Mazars USA decided to transfer the financial documents to the District Attorney of Manhattan Cyrus Vance.
- The Supreme Court, however, rejected Trump’s request, without comment.
Why the issue of Trump’s declarations is acute in the United States
The fact is that almost all of Trump’s predecessors as president made their tax returns public. But Trump, during his four years at the helm of the White House, flatly refused to show his financial documents.
He was often asked by journalists what this meant. And he almost always replied that he had paid millions of dollars in taxes, not a few thousand (as his opponents accused him). And also – that will show the documents when the time comes.
- Probably now that the court of last resort has ordered Trump to show his declarations, the time has come.
What exactly about Trump is being investigated by the New York prosecutor’s office
Prosecutors would like to see the real wealth of Donald Trump, and learn more about the activities of his family real estate company Trump Organization. The investigation, which has been going on for more than 2 years, suspects that:
- Trump’s organization has made a lot of hidden money payments (for example, porn actress Stormy Daniels and Playboy exmodel Karen McDougall, who allegedly had sexual intercourse with Trump).
- And in the work of the Trump Organization there are signs of banking, tax and insurance fraud and falsification of business documents.
Note that Trump’s declarations are unlikely to be made public. But providing them to the prosecutor’s office will be able to summon 45 US presidents to court in cases of financial fraud, which he successfully avoided for many years.
Many Americans are interested in the development of the case, because Trump has a lot of supporters, and is still considering whether to run in the 2024 presidential election.
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