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By now, you've heard about the latest ruling on Trump's taxes. Although HCR also covered the topic, today's Washington Post goes into more details on why that's important:
Former president Donald Trump’s tax returns should be turned over to House Democrats who tried unsuccessfully for years to get the documents, the Justice Department said Friday, in a legal analysis reversing a position taken two years ago.
Earlier this year, Trump’s tax records were turned over to the Manhattan district attorney, after a separate legal fight in which the Supreme Court declined to intervene. The prosecutor’s office has been examining Trump’s finances as part of a criminal probe of his businesses, and has indicted Trump’s longtime financial officer, Allen Weisselberg, on tax charges. Weisselberg has denied the charges.
While he was president, Trump successfully beat back efforts by the House Ways and Means Committee to see his tax returns, including a battle in federal court. But the new opinion from the Justice Department’s Office of Legal Counsel said the committee’s request to see the records — as part of its oversight of the Internal Revenue Service’s presidential audit program — is valid and should be fulfilled.
Democrats rejoiced at the Justice Department's new position, with House Speaker Nancy Pelosi (D-Calif.) saying the Biden administration “has delivered a victory for the rule of law.”
Access to Trump’s tax returns “is a matter of national security,” the speaker said. “The American people deserve to know the facts of his troubling conflicts of interest and undermining of our security and democracy as president.”
Here's why Trump just got a lot more nervous: