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Business Daily
Trump's tax returns
Jul 10, 2020
Legal experts John Coffee and Susanne Craig discuss the implications of the Supreme Court ruling on Trump's tax returns, revealing insights into his financial affairs and potential impact on his reelection campaign. David Cay Johnston explains the lack of investigation into Trump's finances before his presidency.
18:39
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Quick takeaways
- The Supreme Court ruling emphasizes no one is above the law, requiring the president to reveal tax affairs to a US court.
- Investigative journalists uncovered tax fraud schemes revealing Trump's history of financial deceptions and dubious dealings.
Deep dives
Historic Supreme Court Ruling on Trump's Tax Affairs
The Supreme Court ruling demands that the president reveal his tax affairs to a US court, emphasizing that no one is above the law. The court clarified that legitimate investigations can explore both personal and corporate accounts, despite presidential status. Democrats perceive this as a political triumph, contrasting with the president's views of a 'witch hunt'. The verdict sets the stage for deeper scrutiny into Mr. Trump's financial records.
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