Tuesday, February 23, 2021

Tax defeat for Trump in the US Supreme Court


The US Supreme Court on Monday rejected Trump’s request to prevent the New York prosecutor from disclosing his tax documents. For Trump, the decision is a heavy defeat in a long-running legal battle that reached the Supreme Court in the summer.

The Supreme Court had denied Trump, who was still in office at the time, “absolute immunity” in the dispute in July and granted the district attorney in Manhattan the right to inspect Trump’s financial records. The dispute then went back to lower instances and dragged on there.

Trump has long tried to prevent his accounting firm Mazars and the credit institutions Deutsche Bank and Capitol One from disclosing his financial and tax records. Critics therefore speculate that he has something to hide. The US has a long history of issuing financial and tax records to high officials. Trump has always refused to do this.

The Manhattan prosecutors want to view Trump and his companies’ tax records over a period of eight years. Prosecutor Cyrus Vance had requested documents from the Mazars accountancy firm under threat of punishment.

The investigation also concerns alleged hush money payments that Trump’s ex-attorney Michael Cohen allegedly paid to porn star Stormy Daniels and former playmate Karen McDougal. Both women claim to have had affairs with Trump, which Trump denies.

Vance just commented on the Supreme Court’s decision on Monday by saying, “The work continues.” Trump, on the other hand, responded with an angry written statement in which he criticized the New York prosecution’s actions as a “political witch hunt”. It is a new phenomenon that law enforcement officers and prosecutors are trying to get rid of their political opponents through legal channels. This is a threat to freedom in the United States. “This is what is done in third world countries,” the Republican ranted. That is fascism, not justice. Trump also renewed his unsubstantiated claim that he actually won the presidential election in November and declared: “I will continue to fight.” And: “We will win.”

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#Tax #defeat #Trump #Supreme #Court

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