⁍ A federal appeals court on Wednesday rejected Donald Trump’s effort to block Manhattan’s district attorney from obtaining eight years of his tax returns.
⁍ In a 3-0 decision, the 2nd U.S. Circuit Court of Appeals in Manhattan rejected Trump’s accusations that a subpoena was overly broad.
⁍ The court also said enforcement of the subpoena could be stayed, as agreed to by the parties, should Trump appeal to the Supreme Court.
– The 2nd US Circuit Court of Appeals in Manhattan on Wednesday dismissed President Trump’s attempt to block Manhattan’s district attorney from obtaining eight years’ worth of his tax returns, reports Reuters. Trump had argued that Cyrus Vance’s subpoena for the returns was too broad, but the three-judge panel said that was “simply speculation” and there was “no logic” to the argument that the subpoena was irrelevant because it was issued by a grand jury, not a congressional committee, reports the New York Times. The court did, however, rule that the subpoena could be enforced if Trump appeals to the Supreme Court. Trump is a Republican, while Vance is a Democrat. The decision followed a Sept. 28 report in the New York Times that Trump had paid $750 in federal income taxes in both 2016 and 2017, and no income taxes in 10 of the prior 15 years, reflecting “chronic” losses he used to avoid paying taxes. Trump has rejected findings from the Times report, tweeting that he had paid many millions of dollars in taxes but was entitled to depreciation and tax credits. He has long resisted making his tax returns public, unlike his six immediate predecessors occupying the White House. All three judges on the appeals court panel were appointed by Democratic presidents. Trump is a Republican, while Vance is a Democrat. The district attorney has suggested in recent court filings that his probe is now broader and could focus on bank, tax, and insurance fraud, as well as falsification of business records.
Source: https://www.reuters.com/article/us-usa-trump-vance/trump-fails-to-block-tax-return-subpoena-from-manhattan-district-attorney-idUSKBN26S27Q