You’ve probably tuned out by now. Democrats want to force the publication of President Trump’s tax returns, while Trump resists at every turn. Lawyers are getting rich, while voters learn nothing new.
Immediately after that ruling, an appeals court reversed the finding, granting the accounting firm a temporary reprieve. So Trump’s returns aren’t coming just yet. More court action is likely and it could very well be the Supreme Court that decides. Yet Trump’s defenses are weakening, with the federal judge who ordered the returns released chastising Trump for putting himself above the law. A House committee is also suing to get Trump’s tax returns.
Story continuesIt’s easy to demagogue a politician like Trump for being a tax evader, even if Trump uses legal loopholes to lower his tax bill. Unlike the Trump Russia investigation or the Ukraine whistleblower complaint, taxes are intuitive to voters and easy to understand. If Trump, who boasts frequently about his wealth, pays a lower tax rate than typical middle-class workers, he’d be more vulnerable to charges of benefiting from a rigged tax system skewed to benefit the wealthy.
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