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Trump tax returns to be released by US House panel on Friday

Trump hadn't made his tax returns public during either of his campaigns

USA-TRUMP/ Donald Trump | Reuters

The US House of Representatives Ways and Means Committee, on Tuesday, said former President Donald Trump's redacted tax returns will be made public on Friday. The Democratic-controlled committee, as part of an investigation into Trump's taxes, gained access to the returns last month after a lengthy court battle that ended with the US Supreme Court ruling in the committee's favour. 

Trump hadn't made his tax returns public during either of his campaigns in 2016 or 2020, making him the first president in decades to do so. Reportedly, the taxes weren't made public with last week's report as information sensitive and needed to be redacted before publication. The documents to be released on Friday are expected to include Trump's tax returns filed between 2015 and 2021, Reuters reported. 

Last week, the committee released a report with findings that the (Internal Revenue Service) broke its rules by not auditing Trump for three of the four years of his presidency. 

Democratic Richard Neal, the panel chairman, said, "This is about the presidency, not the president." The congressional panel released the tax figures last week, which showed Trump declared a loss from his many business holdings in 2020 and paid no income tax. 

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