His improbable victory came at a moment when his legacy properties were losing money and hundreds of millions in debt loomed over him.
Trump paid just $750 to the IRS the year he was elected. He paid a lot more to the governments of Turkey, India, and Panama.
Tuesday’s court decision hands Trump yet another stinging defeat as he scrambles to shield his family business from scrutiny by lawmakers and prosecutors.
The move marks yet another front in Trump’s ever-widening legal battle to keep his finances, and specifically his tax returns, secret.
It remains unclear why the Manhattan DA wants to see Trump’s tax returns.
The apparent admission brings new urgency to the legal clash over Deutsche, which worked more closely with Trump than any other bank over two decades.
Deutsche has had a longer and deeper relationship with Trump’s family business than any other major global bank, lending him hundreds of millions over the years.
“At least one of these investigations seems destined to succeed”
The House Ways & Means Committee is seeking Trump’s personal and business tax returns using a little-known provision of the federal tax code known as Section 6103.
A speedy win for House Democrats would blow a big hole in Trump’s strategy of stonewalling and delaying the 20-odd Congressional investigations into his administration, family and fortune.