Categories for A- Trump Taxes

31,763. 12/13/2019

CONGRESS/SUPREME COURT/TRUMP TAXES: “The Supreme Court agreed on Friday [12-13-19] to decide whether President Trump can block the release of his financial records, setting the stage for a blockbuster ruling on the power of presidents to resist demands for information from prosecutors and Congress. The court’s ruling, expected by June, could  require disclosure of information the president has gone to extraordinary lengths to protect. Or the justices could rule that Mr. Trump’s financial affairs are not legitimate subjects of inquiry so long as he remains in office. Either way, the court is now poised to produce a once-in-a-generation statement on presidential accountability. The case will test the independence of the court, which is dominated by Republican appointees, including two named by Mr. Trump. In earlier Supreme Court cases in which presidents sought to avoid providing evidence, the rulings did not break along partisan lines.”

-Adam Liptak, “Supreme Court to Rule on Release of Trump’s Financial Records,” The New York Times online, December 13, 2019 

31,299. 12/6/2019

SUPREME COURT/TRUMP BUSINESS/TRUMP TAXES: “Supreme Court Justice Ruth Bader Ginsburg temporarily blocked a lower court ruling ordering two banks to release President Donald Trump’s financial records to House Democrats. Trump had asked Ginsburg to consider the emergency request earlier Friday [12-6-19]. The temporary stay sets the issue on hold pending full consideration by the high court, it does not reflect how judges will rule in the underlying case. The stay is ordered until 5 p.m. on Dec. 13, and the court ordered that a response must be filed on or before Dec. 11 by 11 a.m. The emergency filing came after a federal appeals court in New York ruled on Tuesday [12-3-19] that Deutsche Bank and Capital One should comply with subpoenas from the House Financial Services and House Intelligence committees seeking information about Trump’s finances.”

-Kellie Mejdrich, “Justice Ginsburg temporarily halts Trump financial records subpoena,” Politico, December 6, 2019 6:43 pm

31,264. 12/5/2019

SUPREME COURT/TRUMP BUSINESS/TRUMP TAXES: “President Donald Trump asked the Supreme Court Thursday [12-5-19] to block a subpoena for his financial documents, arguing that the House exceeded its authority when it ordered Trump’s longtime accounting firm Mazars USA to turn over his personal records. The justices have already put a temporary freeze on the subpoena while they consider in the coming days and weeks whether to take up the appeal. The fate of Trump’s attempts on multiple front to shield his financial records is now squarely before the highest court in the land. The justices have already said they will meet behind closed doors on December 13 to discuss a similar petition concerning a New York grand jury subpoena for Trump’s tax returns. In addition, Trump’s lawyers are likely to appeal a separate case they lost concerning a subpoena to Deutsche Bank for similar documents.”

Ariane de Vogue, “Trump asks Supreme Court to block House subpoena for financial documents and take up case,” CNN Politics, CNN.com, December 5, 2019 1:54 pm

31,253. 12/5/2019

DEMS/SUPREME COURT/TRUMP BUSINESS/TRUMP TAXES: “President Trump asked the Supreme Court on Thursday [12-5-19] to hear a second case concerning a subpoena to his accounting firm for his financial records. The new petition, objecting to a subpoena from a House committee, follows a petition filed last month about a similar subpoena from Manhattan prosecutors. Both cases are moving fast, and the court could announce as soon as Dec. 13 whether the justices will hear them. If the court agrees to weigh in, it will probably issue a decision by June, in the midst of the final months of the presidential campaign. A Supreme Court ruling in either or both cases would almost certainly produce a major statement on presidential immunity from criminal and congressional investigations. In both cases, Mr. Trump sued to stop his accounting firm, Mazars USA, from complying with subpoenas for records. Federal appeals courts ruled against Mr. Trump in both cases.”

Adam Liptak, “Trump Again Asks Supreme Court to Bar Release of His Financial Records,” The New York Times online, December 5, 2019

31,014. 11/25/2019

DEMS/SUPREME COURT/TRUMP TAXES: “The Supreme Court on Monday [11-25-19] delivered a setback to the House Democrats’ impeachment probe by blocking a lower court decision that had granted investigators immediate access to President Donald Trump’s financial records. At least five justices agreed to the unsigned, one-paragraph order putting the pause on a lower court ruling that had favored a Democratic subpoena for the materials from one of Trump’s accounting firms. No justice publicly noted any opposition to the stay. The ruling will prevent Democrats from swiftly obtaining Trump’s tax information as they start to prepare articles of impeachment against Trump. Lawmakers are expected to decide in the coming weeks whether to broaden their case beyond the swirling Ukraine scandal to include allegations that Trump abused his position for personal financial gain. Monday’s Supreme Court’s decision is only temporary.”

Darren Samuelsohn, “Supreme Court blocks Trump’s financial records from immediate release,” Politico, November 25, 2019 8:05 pm

30,926. 11/22/2019

JUSTICE DEPARTMENT/LEGAL/NEW YORK/SUPREME COURT/TRUMP AS PRESIDENT/TRUMP TAXES: “The U.S. Justice Department on Friday [11-22-19] backed President Donald Trump in his fight at the Supreme Court to prevent his tax returns from being disclosed to a New York prosecutor. The court filing by Solicitor General Noel Francisco comes a week after Trump filed an appeal in his individual capacity seeking to reverse a lower court ruling that directed his longtime accounting firm, Mazars LLP, to hand over eight years of his tax returns to Manhattan prosecutor Cyrus Vance. Trump appealed a Nov. 4 ruling by the New York-based 2nd U.S. Circuit Court of Appeals that said prosecutors can enforce a subpoena demanding his personal and corporate tax returns from 2011 to 2018 that would allow the material to be viewed by a grand jury.”

Lawrence Hurley, “Justice Department backs Trump in Supreme Court fight over his tax returns,” Reuters, November 22, 2019 4:34 pm

30,877. 11/21/2019

DEMS/LEGAL/NEW YORK/SUPREME COURT/TRUMP TAXES: “House Democrats and Manhattan’s top prosecutor told the Supreme Court Thursday [11-21-19] that President Donald Trump’s arguments to shield his tax returns and financial records are weak, and not deserving of the justices’ intervention. The Democrats said they should be allowed to enforce their demands for Trump’s financial records from his accounting firm immediately. The House’s plea to allow enforcement of its subpoena comes a few days after Chief Justice John Roberts imposed an indefinite delay to give the court time to figure out how to handle the case. Trump made an emergency appeal to the court to block the subpoena from being enforced in the meantime after an appeals court in Washington, DC, ruled against him. A similar fight also has reached the high court from New York, where the Manhattan district attorney wants Trump’s tax returns for a criminal investigation.”

Associated Press Staff, “House Urges Court to Lift Hold on Subpoena for Trump Records,” The New York Times online, November 21, 2019

30,874. 11/21/2019

ELECTION/INVESTIGATIONS/LAWSUIT/TRUMP TAXES: “President Donald Trump, facing lawsuits and political demands to release his U.S. tax returns and other financial information, said on Thursday [11-21-19] he will release a statement on his finances before the presidential election, and asserted that it was his call on providing the information…Trump also said Special Counsel Robert Mueller’s two-year investigation into Russian interference in elections, which most recently led to the criminal conviction of Trump’s former adviser Roger Stone, showed that his finances were in order. Mueller ‘went over all of my financials, & my taxes, and found nothing. Now the Witch Hunt continues with local New York Democrat prosecutors going over every financial deal I have ever done. This has never happened to President before. What they are doing is not legal,’ Trump wrote.”

Reuters Staff, “Trump Says He Will Release ‘Financial Statement’ Before 2020 Election: Tweet,” The New York Times online, November 21, 2019

30,863. 11/21/2019

ELECTION/JOBS/TRUMP TAXES “…..President before. What they are doing is not legal. But I’m clean, and when I release my financial statement (my decision) sometime prior to Election, it will only show one thing – that I am much richer than people even thought – And that is a good thing. Jobs, Jobs, Jobs!”

Donald Trump, Twitter.com, November 21, 2019 7:58 am

30,862. 11/21/2019

DEMS/NEW YORK/ROBERT MUELLER/TRUMP TAXES: “Bob Mueller, after spending two years and 45 million dollars, went over all of my financials, & my taxes, and found nothing. Now the Witch Hunt continues with local New York Democrat prosecutors going over every financial deal I have ever done. This has never happened to a…..” 

Donald Trump, Twitter.com, November 21, 2019 7:58 am

30,618. 11/14/2019

DEMS/SUPREME COURT/TRUMP TAXES: “President Donald Trump’s lawyers took the fight over access to his tax returns to the Supreme Court on Thursday [11-14-19] in a last-ditch bid to keep his financial records secret while simultaneously fighting Democrats over impeachment. It’s the president’s first tax-related petition to the Supreme Court in a case that revolves around a decision by a New York-based federal appeals court last week requiring Trump to turn over his tax returns to a grand jury in Manhattan overseen by District Attorney Cyrus Vance Jr…Sekulow also said he planned to file a separate request to the Supreme Court on Friday asking the justices to issue a stay on a ruling on a similar matter by the U.S. Court of Appeals for the D.C. Circuit. On Wednesday [11-13-19] evening the court declined to grant Trump a full-bench hearing on a 2-1 decision a panel of that court issued upholding a subpoena from the House Oversight and Government Reform Committee demanding a broad set of Trump’s financial records.”

Darren Samuelsohn and Josh Gerstein. “Trump lawyers take fight over tax returns to Supreme Court,” Politico, November 14, 2019 6:01 pm

30,481. 11/11/2019

CONGRESS/LEGAL/NEW YORK/TRUMP TAXES: “A Trump-appointed federal judge decided Monday [11-11-19] that President Donald Trump can’t sue New York state officials in a Washington, DC, court at this time to stop the release of his tax returns to Congress. The case is one of many where the President or his administration have asked federal judges to intervene before House Democrats obtain Trump’s financial records. Effectively, the ruling is a loss for Trump but a less significant one then the blows other courts have dealt him in cases involving Democrats’ pursuits of his financial records. Courts have sided with the House multiple times in cases where its committees have subpoenaed Trump’s financial records. Trump is still appealing those rulings, keeping the House subpoenas on hold. If Trump wants to continue to challenge a New York state law that says Congress can request his state tax returns, he’ll either need to wait for Congress to make the request or start over with a new lawsuit in a New York court, the judge, Carl Nichols of the federal district court in DC, said Monday.”

Katelyn Polantz, “Trump can’t sue New York state in DC federal court to stop release of tax returns, judge says,” CNN Politics, CNN.com, November 11, 2019 12:17 am

29,789. 10/23/2019

COURTS/NEW YORK/TRUMP TAXES: “A lawyer for U.S. President Donald Trump told a federal appeals court Wednesday [10-23-19] the president does not have to hand over his tax returns to New York state prosecutors because he is immune from criminal investigation. William Consovoy, an attorney for the president, told the 2nd U.S. Circuit Court of Appeals that Trump has immunity until he leaves office and said prosecutors would not even have the power to do anything if Trump shot someone on 5th Avenue in New York City. The remark echoed a past comment by Trump, who has said his supporters are so loyal that he could shoot someone on 5th Avenue and not lose a single vote. The case, which pits Manhattan District Attorney Cyrus Vance against Trump, is one of several legal battles in which the Republican president is seeking to shield his personal finances from scrutiny. In August, Vance, a Democrat, subpoenaed Trump’s personal and corporate tax returns from 2011 to 2018, and other records from the president’s longtime accounting firm Mazars USA.”

Brendan Pierson, “Trump could shoot someone and escape prosecution, his lawyer argues,” Reuters, October 23, 2019 3:29 am

29,401. 10/11/2019

COURTS/DEMS/HOUSE OF REPS/INVESTIGATIONS/TRUMP TAXES: “President Trump’s accounting firm must comply with a House committee’s demands for eight years of his financial records, a federal appeals court panel ruled on Friday [10-11-19] in a major victory for House Democrats in their struggle against his vow to stonewall ‘all’ of their oversight subpoenas. In a 66-page ruling, the panel rejected Mr. Trump’s argument that Congress had no legitimate legislative authority to seek his business records from the firm, Mazars USA, because the committee was trying to determine whether he broke existing laws — not weighing whether to enact a new one…Mr. Trump is virtually certain to appeal the ruling, either to the full Court of Appeals or to the Supreme Court. But the decision — affirming an earlier ruling by a Federal District Court judge — was the first test at the appeals court level of the Trump legal team’s sweeping challenges to the constitutional authority of Congress to conduct oversight of his activities.”

Charlie Savage, “Congress Can Seek Trump’s Financial Records, Appeals Court Rules,” The New York Times online, October 11, 2019

29,187. 10/7/2019

COURTS/NEW YORK/TRUMP AS PRESIDENT/TRUMP TAXES: “A federal judge on Monday [10-7-19] rejected President Trump’s effort to shield his tax returns from Manhattan state prosecutors, calling the president’s argument that he was immune from criminal investigation ‘repugnant to the nation’s governmental structure and constitutional values.’ The decision from Judge Victor Marrero of Federal District Court in Manhattan was the first significant ruling in a case that could require Mr. Trump to hand over his tax returns and ultimately test the limits of presidential power. The judge dismissed a lawsuit that had been filed by Mr. Trump, who was seeking to block a subpoena for eight years of his personal and corporate tax returns. The Manhattan district attorney demanded the records in late August as part of an investigation into hush-money payments made in the run-up to the 2016 presidential election. Mr. Trump’s tax returns, however, remain protected for now.”

William K. Rashbaum and Benjamin Weiser, “Trump Taxes: President Ordered to Turn Over Returns to Manhattan D.A.,” The New York Times online, October 7, 2019

28,618. 9/23/2019

LEGAL/NEW YORK/TRUMP TAXES: “The Manhattan district attorney’s office on Monday [9-23-19] accused President Trump and his lawyers of trying to invent a “new presidential ‘tax return’ privilege’ by arguing that Mr. Trump should not have to comply with a subpoena seeking eight years of his personal and corporate returns. The district attorney’s office used the pointed language in court papers, asking that a lawsuit filed by Mr. Trump last week be dismissed. Mr. Trump sued in federal court to block a subpoena issued by the district attorney, Cyrus R. Vance Jr., to the president’s accounting firm that seeks his tax returns dating to 2011. Citing constitutional grounds, lawyers for Mr. Trump argued in their lawsuit that a sitting president could not be criminally investigated and said that forcing him to comply with the subpoena would cause him ‘irreparable harm.’”

Benjamin Weiser and William K. Rashbaum, “Trump Is Accused of Inventing Tax Return ‘Privilege’ to Block Subpoena,” The New York Times online, September 23, 2019

28,465. 9/16/2019

LEGAL/NEW YORK/TRUMP TAXES: “State prosecutors in Manhattan have subpoenaed President Trump’s accounting firm to demand eight years of his personal and corporate tax returns, according to several people with knowledge of the matter. The subpoena opens a new front in a wide-ranging effort to obtain copies of the president’s tax returns, which Mr. Trump initially said he would make public during the 2016 campaign but has since refused to disclose. The subpoena was issued by the Manhattan district attorney’s office late last month, soon after it opened a criminal investigation into the role that the president and his family business played in hush-money payments made in the run-up to the election. Both Mr. Trump and his company reimbursed Michael D. Cohen, the president’s former lawyer and fixer, for money Mr. Cohen paid to buy the silence of Stormy Daniels, a pornographic film actress who said she had an affair with Mr. Trump. The president has denied the affair.”

William K. Rashbaum and Ben Protess, “8 Years of Trump Tax Returns Are Subpoenaed by Manhattan D.A.,” The New York Times online, September 16, 2019

27,918. 8/29/2019

COURTS/DEMS/HOUSE OF REPS/TREASURY/TRUMP TAXES: “A federal judge on Thursday [8-29-19] denied an attempt by House Democrats to fast-track its attempt to force the Treasury Department and IRS to release President Donald Trump’s tax returns. The ruling from Judge Trevor McFadden in Washington, DC, does not stop the lawsuit by the Democratic-led House Ways and Means Committee, which continues to move ahead with filings due in September. Democrats are also trying other ways to obtain the documents and are pursuing them through the courts while Trump is trying to stop them with judges’ interventions. The judge’s order Thursday is a minor setback for the House in one of the several ongoing court cases regarding Trump’s financial documents, some of which may not be resolved before the 2020 election. The committee initially sued to enforce their subpoena in early July. That was months after the committee made its initial request for the details.”

Katelyn Polantz, “Judge rejects House Democrats’ request to fast-track Trump tax return case,” CNN Politics, CNN.com, August 29, 2019 8:04 pm

27,915. 8/29/2019

CONGRESS/LAWSUIT/NEW YORK/TRUMP TAXES: “New York state officials are attempting to have a federal court throw out President Donald Trump’s lawsuit over the possible release of his tax returns to Congress, according to a new court filing on Thursday [8-29-19]. In July, Trump filed suit in federal court in DC against New York state officials and the US House Ways and Means Committee to prevent the disclosure of his state tax returns. The New York State Attorney General’s Office filed a motion to dismiss the case out of Washington. In the motion, New York says DC is an ‘improper venue,’ the federal court does not have jurisdiction over the case and that it ‘plainly belongs in a New York court.’ Its reasoning: The New York attorney general and the state’s taxation and finance commissioner live in the state of New York, and their primary place of business is there as well. If the court doesn’t dismiss the case outright, it should ‘at the very least’ transfer it to federal court in Manhattan, the filing said.”

Katelyn Polantz and Chandelis Duster, “New York state wants Trump’s suit over tax returns thrown out of DC federal court,” CNN Politics, CNN.com, August 29, 2019 5:10 pm

27,877. 8/28/2019

BUSINESS/TRUMP AS PRESIDENT/TRUMP TAXES: “Deutsche Bank’s disclosure on Tuesday [8-27-19] that it has tax returns related to President Trump’s family or business set off a frenzy of speculation about what those materials might reveal. But a trove of other data and documents that his longtime lender is sitting on might prove more revelatory to investigators digging into Mr. Trump’s finances. That includes records of how Mr. Trump made his money, whom he has partnered with, the terms of his extensive borrowings and what transactions he has engaged in with Russians or other foreign nationals. For nearly two decades, Deutsche Bank was the only mainstream financial institution consistently willing to do business with Mr. Trump, who had a long record of defaulting on loans. The bank over the years collected reams of his personal and corporate information. Two congressional committees have subpoenaed Deutsche Bank for a vast array of records related to Mr. Trump — including any tax returns since 2010.”

-David Enrich, “The Trump Secrets Hiding Inside Deutsche Bank,” The New York Times online, August 28, 2019

27,853. 8/27/2019

BUSINESS/COURTS/DEMS/TRUMP TAXES: “Deutsche Bank told a federal appeals court on Tuesday [8-27-19] that it was in possession of some tax returns sought by congressional subpoenas issued earlier this year to President Trump, his family and his businesses. In a letter to the United States Court of Appeals for the Second Circuit, the German lender wrote that it ‘has in its possession tax returns (in either draft or as-filed form).’ Although the identities of the people or organizations were redacted in the publicly available document, current and former bank officials have said Deutsche Bank has portions of Mr. Trump’s personal and corporate tax returns for multiple years as part of the reams of financial data it has collected over its two-decade relationship with him. The bank’s lawyers also said Deutsche Bank ‘has such documents related to parties not named in the subpoenas but who may constitute ‘immediate family’ within the definition provided in the subpoenas.’”

David Enrich and Emily Flitter, “Deutsche Bank Tells Court It Has Some Tax Returns Related to Trump Inquiry,” The New York Times online, August 27, 2019

27,438. 8/14/2019

DEMS/LAWSUIT/NEW YORK/TRUMP AS PRESIDENT/TRUMP TAXES: “Attorneys for Donald Trump, a powerful House committee and New York state have reached agreement on a new path for handling their fight over the president’s state tax returns, according to a Wednesday [8-14-19] court filing. Under the deal, Trump’s lawyers will file a new amended lawsuit by Monday spelling out their case for why a temporary restraining order is needed to stop the Democrat-led House Ways and Means Committee from using a New York law that could give the panel access to the president’s state tax returns. The joint stipulation agreement reached between the lawyers also spells out a new briefing schedule on Trump’s lawsuit, including a proposal for oral arguments in mid-September before U.S. District Court Judge Carl Nichols in Washington, D.C. Trump filed his original lawsuit last month, after New York Gov. Andrew Cuomo signed a law giving his state officials the OK to share the president’s state filings with Ways and Means Chairman Richard Neal (D-Mass.) upon request.”

Darren Samuelsohn, “Trump offers to try again in lawsuit over New York tax returns,” Politico, August 14, 2019 3:36 pm

27,433. 8/14/2019

DEMS/LAWSUIT/NEW YORK/TRUMP TAXES: “Attorneys for Donald Trump, a powerful House committee and New York state have reached agreement on a new path for handling their fight over the president’s state tax returns, according to a Wednesday [8-14-19] court filing. Under the deal, Trump’s lawyers will file a new amended lawsuit by Monday [8-12-19] spelling out their case for why a temporary restraining order is needed to stop the Democrat-led House Ways and Means Committee from using a New York law that could give the panel access to the president’s state tax returns. The joint stipulation agreement reached between the lawyers also spells out a new briefing schedule on Trump’s lawsuit, including a proposal for oral arguments in mid-September before U.S. District Court Judge Carl Nichols in Washington, D.C. Trump filed his original lawsuit last month, after New York Gov. Andrew Cuomo signed a law giving his state officials the OK to share the president’s state filings with Ways and Means Chairman Richard Neal (D-Mass.) upon request.”

Darren Samuelsohn, “Trump offers to try again in lawsuit over New York tax returns,” Politico, August 14, 2019 12:24 pm

27,217. 8/6/2019

CALIFORNIA/LAWSUIT/LEGISLATION/TRUMP TAXES: “President Trump and the Republican National Committee filed a pair of lawsuits on Tuesday [8-6-19] against officials in California challenging a new law requiring presidential candidates to release five years of tax returns in order to be placed on the state primary ballot in 2020. The R.N.C. suit, which was filed in the Eastern District of California and included the California Republican Party and several California Republican voters as plaintiffs, called the law a ‘naked political attack against the sitting president of the United States.’ It was filed against Gov. Gavin Newsom and the California secretary of state. Mr. Trump and his campaign filed a second suit challenging the constitutionality of the new law, and it named the California secretary of state and the state attorney general. In that suit, they argue that states do not have the power to ‘supplement’ the qualifications for the president, set forth by the Constitution.”

Annie Karni, “Trump Campaign Sues Over California’s Requirement to Release Tax Returns,” The New York Times online, August 6, 2019

27,114. 8/1/2019

LEGAL/NEW YORK/TRUMP TAXES: “A federal judge in Washington presiding over a case involving President Donald Trump’s state tax returns said today that he will hear a bid to move the case to New York. District Court Judge Carl Nichols said he agreed to a proposal by New York state to allow it to challenge his court’s jurisdiction over the issue. In exchange, the judge barred the state from turning over the president’s state tax filings to congressional Democrats, should they ask for them under a newly enacted New York law, while the case is pending. The state must also alert Nichols if Democrats request the tax documents while the case is being argued, the judge ordered. He set a hearing on the issue for Aug. 29. The decision was not unexpected, since Nichols said Wednesday he was leaning toward the idea. It comes in a case in which Trump is seeking a temporary restraining order to prevent House Ways and Means Chairman Richard Neal (D-Mass.) from taking advantage of the New York law.”

Brian Faler, “Judge agrees to hear bid to move Trump state tax return case to New York,” Politico, August 1, 2019 5:13 pm