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Trump’s tax returns are made public. As president, he also had a bank account in China

Trump’s tax returns are made public.  As president, he also had a bank account in China

The fate of the 6,000-page document, hitherto closely guarded, was sealed on Friday, when the US House of Representatives Budget Committee released the tax returns of Donald Trump, the former president of the United States, and his wife. Between 2015 and 2020.

This ended a years-long legal dispute, as Trump used all means to keep his tax affairs secret for a long time, while this was unprecedented under previous presidents.

Case report Guardian highlights, That although Donald Trump stated in the 2020 presidential debate that, according to his memory, he closed his Chinese bank account in 2015, this does not correspond to reality, which is also evident from the documents. An important detail is that Trump has been able to use many tax refund and tax avoidance methods over the years.

the Summary from Reuters He adds that Trump’s income and tax liabilities have fluctuated wildly in the years under review, during his first presidential run and then his term in office. During these years, he and his wife, Melania Trump, paid little or no taxes.

All of this also means that the former president posted huge business losses, which seriously calls into question the credibility of the successful outreach associated with Trump’s image, which he also used in his 2016 campaign.

Trump’s response to the release of his tax returns was that the Democrats should never have taken that step, the Supreme Court should never have approved it, and what happened will lead to horrible things for many.

Not long ago, we wrote in a detailed article about Donald Trump’s efforts to recover after his defeat in the 2020 elections, his new presidential ambitions, and his responsibility for the siege of the Capitol last year and the actions against him.

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