New York Senate votes to grant access to Trump's taxes

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NEW YORK: The New York Senate adopted a bill on Wednesday (May 8) to grant the US Congress access to Donald Trump's state tax returns, after the ...

NEW YORK: The New York Senate adopted a bill on Wednesday to grant the US Congress access to Donald Trump's state tax returns, after the US president blocked attempts by congressional committees to review his past filings.

Introduced by Democratic-Senator Brad Hoylman, the bill authorises the state's fiscal authorities to share tax declarations with three congressional committees in Washington. On Tuesday, the US Treasury refused a demand by Congress to hand over Trump's federal tax returns, which it was demanding as part of the wide-ranging investigation into Russian interference in the 2016 US elections.The submission of the former real-estate mogul's New York state tax returns could offer a first, if partial, insight into the current financial situation of the president, who has declared himself to be a multi-billionaire.

 

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