Supreme Court Denies Trump’s Request to Keep Taxes From Congress

On Tuesday, the U.S. Supreme Court denied an application from former President Donald Trump for a stay of a lower court’s ruling earlier this fall regarding the release of his tax records to the House Ways and Means Committee. Trump had sought to block the ruling, issued in October, that ordered the Treasury Department to hand over his tax records to the committee. The Court’s action this week means that the Treasury Department will likely transfer six years’ worth of Trump’s taxes to the committee within the coming days. “The application for stay of the mandate presented to The Chief…

Trump Invokes Fifth Amendment in Deposition for New York Civil Investigation

At a Wednesday deposition for a New York state civil investigation into the Trump Organization’s assets, former President Donald Trump said he would refuse to answer any questions from state Attorney General Letitia James. The investigation into Trump’s business is examining whether he, his family and/or his company inappropriately adjusted the values of his assets in order to suit their needs — including inflating their worth in order to obtain positive bank loan outcomes and deflating their worth in order to avoid taxes. The inquiry is a civil one, which means Trump and his family members won’t face any criminal…

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