Tuesday, February 23, 2021

Trump Lost His Last Chance To Keep His Taxes Hidden

When he was running for president in 2016, Trump promised to release his tax returns. He was LYING!Since being elected, he has done his best to keep his taxes a secret. He not only did not release his returns, but went to court to keep those returns from being released to a New York City Grand Jury (who was investigating both tax and insurance fraud).

When the District Attorney issued a subpoena for 8 years of Trump's taxes, Trump claimed that he was immune to subpoenas because he was president. That worked its way to the Supreme Court, where it was ruled that he was NOT immune.

Trump then claimed the subpoena was too broad and should be denied by a court. Lower courts ruled that was not the case, and it once again went to the Supreme Court.

On Monday, the Supreme Court, in a one-line opinion without any dissent, said it would not take the case. That allowed lower court rulings to stay in place, and now Trump's taxes must be turned over to the Grand Jury.

This does not immediately make those returns public, because Grand Jury proceedings are secret by law. But if charges are filed for Tax or insurance evasion, the returns would likely be used as evidence in court -- and that would make the returns public knowledge.

Trump gambled he would be able to keep his tax returns a secret, and even appointed Supreme Court justices that he hoped would back him on that. He lost that gamble.

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