President Trump was never going to show his taxes.
We knew this in 2015 when he was running for president and claimed that his taxes were being held up by an audit by the IRS. Then we learned that an audit wouldnβt stop the president from releasing his taxes. But he still wouldnβt release them. Then we learned that the president is some $400,000,000 in debt but we donβt know who he owes this money to. Since taking office the president has successfully kept his taxes secret by blocking every attempt by any official that has tried to see them.
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Tuesday was no different as the president has asked the Supreme Court to block a lower court ruling that would force him to hand over years of income tax documents to the Manhattan District Attorneyβs office, thus making Trump the Dikembe Mutombo of blocking his taxes.
From CNBC:
Trumpβs lawyers filed an emergency application with the Supreme Court asking the court to issue a stay, or suspension, of a grand jury subpoena demanding those tax returns and other financial records from his accountants.
The request is pending the presidentβs plan to formally ask the high court hear his appeal of the lower court rulings that have allowed that subpoena.
If the Supreme Court agrees to hear his appeal, it will be the second time the court has taken the case, which is related to an ongoing criminal probe of the Trump Organization, the presidentβs company, by Manhattan DA Cyrus Vance Jr.βs office.
Trumpβs lawyers in their filing Tuesday said βthere is a reasonable probability thatβ the Supreme Court will take the appeal.
In the meantime, Vance has agreed to hold off on enforcing the subpoena pending the outcome of Trumpβs efforts at the Supreme Court.
The high court has already rejected Trumpβs argument last summer that being president protected him from having to turn over eight years of his financial records from Mazars USA accounting firm. But the Supreme Court left the door open for Trump to make new arguments against the subpoena with a federal district court in Manhattan.
A lower court judge has already ruled against the president and his lawyers, who argued that the subpoena was overreaching and issued in bad faith, CNBC reports.
A federal appeals court then upheld that ruling last month.
And if you think all of this is ridiculous, thatβs because it is and thatβs just the way Trump wants it. He has no intention, nor did he ever, of showing his taxes to the American people, and heβs going to continue to keep this tied up in the courts for as long as he can.
CNBC notes that Vance isnβt looking for Trumpβs taxes just to pry; heβs reportedly looking to see how the president made hush-money payments to women who claimed to have had sex with him and how the Trump Organization accounted for the payments. But that isnβt all: βProsecutors in Vanceβs office also might be investigating possible tax crimes, as well as bank and insurance fraud,β court filings suggest, CNBC reports.
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