The 2019-2020 term Supreme Court Opinion Machine shuts down after today, and on the final day of this round of 9 lawyers tell us what sh*t means, they let loose with a split decision on the President’s personal papers. His tax returns. Congress wants them (nope!), and so does the NYC DA’s office (Yup).
Articles tagged as
Tax Returns
Supreme Court Halts Effort to Get President Trump’s Tax Returns
The Democrats have been after President Trump’s tax returns since before he was President Trump. It’s an obsession. Not because they care what’s in them. Their goal is to create a perception of what is there to attack him. A lower court ordered their release, SCOTUS said, hold on a moment.
Court Blocks California Law Requiring Trump’s Tax Returns to Get on Presidential Ballot
Democrats in California want to see Trump’s tax returns. So, they have a law that would prevent Mr. Trump from appearing on any ballot in the state until he coughs them up. But a judge just blocked that plan.
Illinois Senate Passes Bill Banning Trump from 2020 Ballot
It’s not law yet, but I’d be interested in seeing that happen. Illinois has legislation that demands 5-year’s worth of tax returns or Trump won’t be on the November 2020 ballot.
Pelosi Introduces Bill: Forces President/VP to Release Tax Returns – Exempts Herself
Nancy Pelosi introduced HR 1. An Act that includes many things. Its lead author, a Democrat, claims it will clean up Washington. Get those ‘special interests out of the way.’ Or, Maybe not. Among the changes is a provision that requires the President and Vice-president, and all Candidates for those offices, to release their tax … Read more
Romney Releases 2011 Tax Return and 20 year Tax Return Summary
The Romney campaign is releasing Mitt and Ann Romney’s 2011 tax return today. The campaign previews a few of the highlights here:
- In 2011, the Romneys paid $1,935,708 in taxes on $13,696,951 in mostly investment income.
- The Romneys’ effective tax rate for 2011 was 14.1%.
- The Romneys donated $4,020,772 to charity in 2011, amounting to nearly 30% of their income.
- The Romneys claimed a deduction for $2.25 million of those charitable contributions.
- The Romneys’ generous charitable donations in 2011 would have significantly reduced their tax obligation for the year. The Romneys thus limited their deduction of charitable contributions to conform to the Governor’s statement in August, based upon the January estimate of income, that he paid at least 13% in income taxes in each of the last 10 years.
Additionally, the Romney campaign is releasing a summary of 20 years of taxes, between 1990-2009, detailing their tax expenditures during those years: