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Trump warns of ‘horrible things for so many people’ after his tax returns are released

Trump, a former US president, warned that “horrible” was coming, pointing out “radical left Democrats” in his response to the release thousands of pages from his tax returns.

The information was available for 2015 to 2020 and the former US President could not stop Democrats in Congress from disclosing it.

Responding to the release, Mr Donald Trump stated that the Democrats shouldn’t have done it and the Supreme Court should not have approved it. It will lead to terrible things for many people.

“The great divide between the USA and its allies will only get worse. But the radical left Democrats have weaponized everything. This is a dangerous two-way street!

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“The Trump tax returns show once more how proudly successful and how I was able to use tax deductions and depreciation as an incentive to create thousands of jobs and structures and enterprises.”

These documents include more than 2,700 pages of Mr Trump’s individual returns and more than 3000 pages for returns to his business entities.

Some redactions were made in the release, mainly regarding bank accounts and social security numbers.

Learn more about Donald Trump

After the Supreme Court’s ruling that he had to hand over the documents, a party-line vote was taken by the House of Representatives’ Ways and Means Committee last week.

Since he refused to release his finances before and during his term, his finances are largely kept secret.

Image House Ways and Means Committee staff transport documents related Trump’s tax returns from earlier this month

Trump is well-known for his skyscrapers and hosting The Apprentice, but he only disclosed limited information on the mandatory disclosure forms.

His critics have not stopped trying to shed light on his wealth since.

The New York Times reported in 2020 that he had paid $750 (PS622) federal income taxes in 2017, 2018, and 2017. In addition, he also paid no income taxes in 10 years of his past 15, because he lost more than he earned.

Trump intends to run for the office again in 2024.

The Trump Organization was convicted of tax fraud earlier this month for helping executives dodge taxes on company-paid perks like apartments and luxury cars.

Donald Bender, Trump’s accountant, testified that he had reported losses every year on his tax returns for the past ten years starting in 2009.

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