Trump accountants must turn over certain tax files to House panel, federal judge says



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A federal judge has ruled that several tax files belonging to former President Donald Trump must be turned over to Congress.

U.S. District Court Judge Amit Mehta on Wednesday approved a subpoena from the House Oversight and Government Reform Committee and said Trump’s 2017-18 tax records, currently in the hands of accounting firm Mazars , were to be delivered to Congress, Fox News confirmed.

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Mehta declined the panel’s request for other tax cases dating back to 2011.

Trump’s lawyers are expected to appeal the ruling, and the House panel may also challenge aspects of the ruling.

“Due to its broad and intrusive nature, the subpoena poses a significant risk to the separation of powers,” Mehta, an Obama-appointed judge, wrote in the 53-page decision. “In today’s polarized political climate, it’s not hard to imagine the incentives a Congress would have to threaten or influence a sitting president with an equally robust subpoena, issued after he leaves office. functions, in order to “grow at the expense of the president” (…) In the opinion of the Court, this not insignificant risk for the institution of the presidency outweighs the progressive legislative need of the Committee for the material summoned from Mazars. “

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Democratic politicians and investigators across the country have attempted to delve into the former president’s tax returns dating back to 2015, citing allegations of improprieties and potentially illegal actions, while Trump maintained that an audit the IRS prevented him from disclosing many of his records.

Last year, Trump referred to a New York Times article claiming that he had not paid federal income tax for 10 of the past 15 years as being “totally made up.”

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“It’s fake news, it’s totally made up”, Trump noted at the time. “Everything was wrong, they are so bad.”

Trump added: “I paid a lot and I also paid a lot in income taxes,” he said.

Earlier this year, Forbes reported that Trump’s net worth is around $ 2.5 billion.

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