Treasury must turn over Trump’s taxes to Congress, the Justice Dept. says.
Nicholas Fandos, Katie Benner and Katie Rogers

The Treasury Department must turn over six years of former President Donald J. Trump’s tax returns to House investigators, the Justice Department said in a legal opinion issued on Friday that potentially paves the way for their eventual release to Congress and to the public.

The 39-page opinion from the Justice Department's Office of Legal Counsel dealt a sharp legal blow to a yearslong campaign by Mr. Trump to keep his tax information secret, reversing a Trump administration position that had shielded the documents from Congress. Rejecting that view, the Biden administration opinion said that a request for the tax information first lodged in 2019 by the House Ways and Means Committee was legitimate and that the Treasury Department had no valid grounds to refuse it.

“The chairman of the House Ways and Means Committee has invoked sufficient reasons for requesting the former president’s tax information,” the opinion said. “Treasury must furnish the information to the committee.”

Democrats on Capitol Hill, who said they were examining the Internal Revenue Service’s presidential audit program and Mr. Trump’s conflicts of interest, hailed the decision as a victory for...

https://www.nytimes.com/2021/07/30/us/p ... gress.html

Finally!

bets his net worth is below zero, and his income is below his expenses.

That would make him officially worthless.

As if he wasn't already.

Federal judge tosses Trump lawsuit to block income taxes from being released to Congress
The judge put his ruling on hold for 14 days to give former President Donald Trump time to appeal.
Pete Williams

A federal judge late Tuesday threw out former President Donald Trump's lawsuit seeking to block a House committee from getting his tax returns.

U.S. District Judge Trevor McFadden said efforts by Trump's lawyers to block the handover were wrong on the law.

"A long line of Supreme Court cases requires great deference to facially valid congressional inquiries. Even the special solicitude accorded former presidents does not alter the outcome," McFadden wrote.

McFadden put the ruling on hold for 14 days to give Trump's legal team time to appeal.

A spokesperson for Trump did not immediately ...

https://www.nbcnews.com/politics/donald ... s-n1285973

oh, he will appeal.

No question he'll file an appeal. Whether the Supremes will hear it is another matter (although given the stacked Court who knows).

already did.

the SCOTUS generally only hears cases that are in the public interest.
Trump is no longer a public person, and this case is not a public case.
it is difficult to imagine the rationale that would elevate this case to
be considered by the SCOTUS.