• The Financial District

MANHATTAN DA CAN OBTAIN TRUMP’S TAX RETURNS: JUDGES

The Manhattan district attorney can enforce a subpoena seeking President Trump’s personal and corporate tax returns, a federal appeals panel ruled, the New York Times reported.  

The decision throws a sledgehammer into Trump’s passionate campaign to prevent anyone from peeking into his tax returns, which he promised to disclose after an audit by the Internal Revenue Service (IRS) even as there is no law barring him from releasing it to the press or to the public.


Renewed interest in Trump’s tax returns arose after the New York Times received a trove of his tax documents that confirmed he only paid $750 in federal income in 2016 and another $750 the following year.


The unanimous ruling by a three-judge panel in New York rejected the president’s arguments that the subpoena should be blocked because it was too broad and amounted to political harassment from the Manhattan district attorney, Cyrus R. Vance Jr., a Democrat, Benjamin Weiser and William K. Rashbaum reported for the New York Times.




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