Following a three-year legal struggle by the former President to keep his financial records secret, the US Supreme Court on Tuesday rejected Donald Trump’s last-ditch effort to prevent the release of his tax returns to a Congressional committee.
The Supreme Court of the United States’ ruling finally makes it possible for the Treasury Department to provide the Democratic-controlled House Ways and Means Committee, which has been requesting the documents since 2019, with six years’ worth of tax returns for President Trump and some of his businesses.
The former President’s recent public announcement made it obvious about his activities to keep the records a secret as he was opting for the election of 2024. He further appealed to the Supreme Court the previous month after being rejected by a lower court to reverse the ruling of it, ordering it to reveal the documents to Congress.
Trump was further alleged of not fully paying his taxes and also for fraud in New York as well as tax frauds in Trump organizations which Democrats believe is the cause of Trump’s inflated wealth. Indeed Trump broke the tradition and is the first president in the history of America to keep his financial and business affairs a secret. Meanwhile Trump associates claimed that Trump secured all of his business funds through loans from foreign nations, including Russia.
Even though Trump successfully played his cards well to obstruct by stonewalling and legally challenging to hide his business affairs and financial records, the ruling by the Supreme Court shattered it all. Being hidden for nearly four years, the records came to the forefront last Tuesday.