Donald Trump warns of ‘horrible things for so many people’ after his tax returns are released | US News

In response to the release of thousands of pages of his tax returns, former US President Donald Trump warned that “terrible things” are coming, taking aim at “radical left-wing Democrats”.

Former US The president failed to block Democrats in Congress from releasing the information from 2015 to 2020.

In a statement in response to the release, Mr Trump He said: “The Democrats should never have done it, the Supreme Court should never have approved it, and it’s going to lead to terrible things for a lot of people.

“America’s Great Divide is about to get worse. Radical left-wing Democrats have weaponized everything, but remember, it’s a dangerous two-way street!

“Trump’s tax returns show once again how proudly I’ve been able to use depreciation and various other tax cuts as incentives for thousands of jobs and wonderful infrastructure and businesses. I have been successful.”

The documents cover more than 2,700 pages of individual returns for Mr. Trump and his wife, Melania, and more than 3,000 pages covering the returns of their businesses.

There are some exemptions to the release – notably bank account and social security numbers.

The release of the data follows a party-line vote on the House Ways and Means Committee last week after the Supreme Court’s decision to hand over the documents.

His finances are largely shrouded in mystery because he refused to release them before and during his tenure.

U.S. Capitol Police escort staff members of the U.S. House Ways and Means Committee as they file documents after a committee meeting to discuss former President Donald Trump's tax returns on Capitol Hill on December 20, 2022 in Washington, U.S. Carrying boxes.  REUTERS/Evelyn Hockstein
House Ways and Means Committee staff members turn over documents related to Trump’s tax returns earlier this month.

Mr Trump, known for building skyscrapers and hosting the reality TV show The Apprentice before winning the White House, provided only limited details about his holdings and income on a mandatory disclosure form.

That hasn’t stopped his critics from trying to shed more light on his wealth and tax details.

In 2020, The New York Times published stories that he paid $750 (£622) in federal income tax in 2017 and 2018, as well as paying no income tax in 10 of the past 15 years because he usually paid his Lost more money than earned. .

Mr. Trump plans to run for president again in 2024.

The Trump Organization was convicted earlier this month on tax fraud charges for helping some executives avoid taxes on company-paid amenities such as apartments and luxury cars.

Donald Bender, Mr. Trump’s accountant, testified at trial that he reported the losses on his tax returns every year for a decade starting in 2009.

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