Connect with us

Hi, what are you looking for?

Rep. Brady warns Supreme Court could be subject to Trump tax return precedent

Rep. Kevin Brady of Texas told fellow lawmakers Tuesday that the proposed release of former President Donald Trump’s tax returns could set a precedent that affects even the Supreme Court of the United States.

Democrats on the House Ways and Means Committee late Tuesday night announced the release of six years of Trump’s tax returns.

Brady, the House Ways and Means Committee ranking member, warned that it was setting a ‘dangerous’ precedent to release the documents and that no government body should have the power to do so.

‘Going forward, the majority chairman of the House Ways and Means Committee and the Senate Finance Committee will have nearly unlimited power to target and make public the tax returns of private citizens,’ Brady told fellow lawmakers.

The committee voted 24-16 to release the information.

Committee Chairman Richard Neal, D-Mass., said ‘every effort’ would be made to remove certain personal information from the information that is released, and it was not immediately clear how long that would take.

‘And not just private citizens. Political enemies, business and labor leaders or even the returns of Supreme Court justices themselves,’ Brady added. ‘No party in Congress should have that power. No individuals in Congress could have that power. It’s the power to embarrass, to harass or destroy Americans through disclosure of their tax returns.’

The committee will technically be releasing a report on Trump’s taxes.

Brady is the top Republican on the committee. The congressman said the information in the report includes six years of Trump’s tax returns, the returns of eight ‘affiliated businesses,’ and related audit notes.

Fox News’s Peter Kasperowicz and Brooke Singman contributed to this report.

This post appeared first on FOX NEWS
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Editor's Pick

    On April 23, 1985, the Coca-Cola Company made one of the biggest mistakes in American business history: it changed the formula for Coca-Cola. Outraged...

    Editor's Pick

    The final December results from the University of Michigan Surveys of Consumers show overall consumer sentiment improved for the month but remains near historically...

    Editor's Pick

    For years the North Korean playbook was obvious to the world. The Democratic People’s Republic of Korea wanted to be the center of attention....

    Editor's Pick

    Sales of new single-family homes rose again in November, increasing 5.8 percent to 640,000 at a seasonally-adjusted annual rate from a 605,000 pace in...