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Kablooie

(18,634 posts)
Mon Jan 25, 2021, 07:01 AM Jan 2021

Will we ever learn about Trump's taxes or will they remain hidden forever?

I read the new administration hasn't decided whether they will be released or not.
My guess is they won't be. They could be explosive and take away momentum from Biden's plans.
But if they contain anything explosive that would be the very reason they should be released.

11 replies = new reply since forum marked as read
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Buckeyeblue

(5,499 posts)
1. I think the NY AG will get them
Mon Jan 25, 2021, 07:24 AM
Jan 2021

Eventually they will be out there. And the Biden administration may decide to release them. With all on their plate, I'm sure Trump's taxes are not a priority.

Mike 03

(16,616 posts)
2. I think congress and law enforcement will see them
Mon Jan 25, 2021, 07:35 AM
Jan 2021

and that the most important things in them will come to light as evidence of criminality emerges.

Most of us will need forensic accountants to fully understand the meaning of what is in those tens or hundreds of thousands of pages anyway. Just dumping them on the internet wouldn't be all that helpful. Even getting the taxes only opens the door to having to locate offshore/overseas/bogus accounts and run down suspicious transactions. Who is on the other end of those transactions? It will probably be a long process, way beyond simply getting our hands on his taxes.

The NYT did a very good job of pointing Americans in the general direction of where the suspicious activity lies. And before that, there were a number of good books like the one on Deutsche Bank (Dark Towers), and a couple of years before that Craig Unger's book House of Trump, House of Putin.

EDIT: I forgot to mention David Cay Johnson. He's shown remarkable tenacity in examining, to every extent possible, what might be gleaned from Trump's taxes.

brooklynite

(94,600 posts)
4. You don't understand: they CAN'T be released, nor should they.
Mon Jan 25, 2021, 07:54 AM
Jan 2021

Tax records are protected by privacy rules. Unless they are introduced as evidence in a trial, it would be illegal to make them public.

Now, could they be "leaked" by a member of Congress? Sure. But ask yourself if you're prepared to have Republicans leak the tax records of a Democrat you like.

 

Klaralven

(7,510 posts)
6. It would be a good thing to make the recent tax records of all politicians public
Mon Jan 25, 2021, 08:17 AM
Jan 2021

Candidates for President, the House, Senate, governor, judges, etc.

More transparency might prevent a lot of weasels from being elected.

The current financial disclosure requirements are inadequate.

 

Klaralven

(7,510 posts)
11. But we do have Federal election laws covering Presidential, House and Senate campaigns
Mon Jan 25, 2021, 12:30 PM
Jan 2021

See, for example, 256 page PDF. https://www.fec.gov/resources/cms-content/documents/feca.pdf

Governor candidate laws would have to be state laws. But there is no reason not to have a Uniform Election Code by agreement among the states, just as we have a Uniform Commercial Code of law that standardizes the state laws governing commercial transactions and contracts.

 

StarfishSaver

(18,486 posts)
9. They don't have the right to release them publicly
Mon Jan 25, 2021, 10:37 AM
Jan 2021

The issue is whether to release them to Congress. They no doubt will - they just need to go through the appropriate process.

Response to Kablooie (Original post)

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