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First with the News

Trump Loses Battle To Shield Tax Returns

… As US Supreme Court Authorize Prosecutor to Fetch Tax Documents

February 23, 2021
in Top Stories, World
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Donald Trump

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The United States Supreme Court has authorized a New York prosecutor to obtain the tax returns document of former President Donald Trump, countering his effort to shield his financial papers from prosecutors.

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Trump had consistently argued that the subpoena issued by Manhattan District Attorney Cyrus Vance, was overbroad and issued in bad faith.

The implication of the directive by the court is that he district Attorney’s office, will now have access to the tax records within the next few days and the documents will be subject to grand jury secrecy rules that restrict their public release.

The ruling also means that the grand jury investigation into alleged hush money payments and other issues will no longer be obstructed by trump’s fight to keep the documents inaccessible.

Vance celebrated the order, saying in a tweet, “the work continues.”

Reacting in a statement, the former president said the Vance investigation “is a continuation of the greatest political witch hunt in the history of our country.”

He added that “the supreme court never should have let this ‘fishing expedition’ happen, but they did.”

Although Trump’s personal lawyers may continue to fight their appeal in the case, the fact that the documents will be released by trump’s accounting firm, Mazars, truncates their effort.

—

 

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