Friday, July 10, 2020
FiveThirtyEight, We’re Not Going To See Trump’s Tax Returns Anytime Soon:
President Trump is one of the only presidents in modern memory who has kept his tax returns private, and attempts to force their release have sparked a mountain of litigation, reaching all the way to the Supreme Court.
But the Supreme Court’s verdict on whether Trump’s banks and accounting firm can be required to release his personal financial records is a bit of a mixed bag.
On the one hand, the court delivered Trump a major defeat, dismissing his most expansive claims to presidential immunity. Trump has argued that while in the White House, he can’t be criminally investigated. But the court ruled in a 7-2 decision written by Chief Justice John Roberts that New York prosecutors do have the authority to subpoena his business records, sending the case back to the lower court.
But in the second ruling on Trump’s tax returns — which was also a 7-2 decision written by Roberts — which involved three House committees’ subpoenas for his records, the court essentially punted. The justices emphasized the House does have the authority to issue subpoenas related to oversight of the executive branch, but they said lower court judges didn’t properly weigh the separation of powers issues inherent in the requests — suggesting that Congress’s power to investigate the president is not unlimited. The ruling also sent that case back to the lower courts for further consideration.
That means Trump’s much-sought-after tax returns will almost certainly remain under wraps until after the election in November.
- Bloomberg, Supreme Court Backs N.Y. Access to Trump Taxes, Blocks House
- Bloomberg, Trump Taxes Likely Going to Manhattan D.A., But Maybe Few Others
- Fox News, Juan Williams Says Trump 'Really Came Out on Top' in Supreme Court Ruling on Tax Documents
- Fox News, Rep. Jim Jordan: SCOTUS 'Punted' on Trump Tax Returns, Opened Door For Audit By 'Political Hacks'
- Andy Grewal (Iowa), The Trump Tax Returns Lawsuit After Mazars
- New York Times, A Conservative Court and Trump’s Own Appointees Declare Their Independence
- New York Times, The Long Political Fight Over Trump’s Tax Returns Is Likely To be Over. Trump May Have Won.
- New York Times, The Path to Trump’s Tax Records
- New York Times, Supreme Court Rules Trump Cannot Block Release of Financial Records
- New York Times, Trump on Releasing His Tax Returns: From ‘Absolutely’ to ‘Political Prosecution’
- New York Times, We May See Trump’s Taxes. Eventually.
- New York Times op-ed: Don’t Be Fooled, Trump Is a Winner in the Supreme Court Tax Case, by Josh Chafetz (Georgetown)
- Politico, Supreme Court May Have Set Back Congress' Effort to Get Trump's Tax Returns
- Politico, Supreme Court Splits on Trump Tax Cases, Potentially Shielding Returns Until After Election
- Politico, US Supreme Court Rulings Could Shield Trump Tax Returns Until After Election
- Dan Shaviro (NYU), Today's Supreme Court Decisions on Trump's Taxes
- Vanity Fair, Just How Screwed Is Trump After SCOTUS’s Tax Returns Ruling?
- Wall Street Journal, Supreme Court Paves the Way for N.Y. Prosecutor to View Trump Taxes
- Wall Street Journal, Trump Subpoenas Sought Tax Records and Other Financial Documents
- Washington Post, The Long Political Fight Over Trump’s Tax Returns Is Likely To Be Over. Trump May Have Won.
- Washington Post, Rulings Let Trump Keep His Taxes Under Wraps For Now, But His Angry Reaction Underscores a Political Risk
- Washington Post, The Supreme Court Got It Exactly Right on Trump’s Tax Returns
- Washington Post, Supreme Court Says Manhattan Prosecutor May Pursue Trump’s Financial Records, Denies Congress Access For Now
- Washington Post, Wait, Did Trump Win or Lose His Tax Return Case? A Seven-Question FAQ on the Supreme Court’s Ruling.