.....President before. What they are doing is not legal. But I’m clean, and when I release my financial statement (my decision) sometime prior to Election, it will only show one thing - that I am much richer than people even thought - And that is a good thing. Jobs, Jobs, Jobs!
— Donald J. Trump (@realDonaldTrump) November 21, 2019
Source:
https://scmp.com/news/world/united-states-canada/article/3038837/donald-trump-says-he-will-release-finances-2020 United States & Canada
Donald Trump says he will release finances before 2020 election, which will show he is ‘much richer than people thought’
- US president did not specify what documents he would make available or when exactly the long-awaited release would occur
- Trump refused to show tax returns before 2016 vote and is fighting to keep Democrats and prosecutors from obtaining them
US President Donald Trump speaking at a rally in Atlanta on November 8. Photo: AP
Donald Trump said on Thursday he would release information about his finances before next year’s presidential election, as Democrats and prosecutors try to get his tax returns against his will.
Trump, 73, did not specify which financial documents he would release or exactly when the long-awaited publication would occur.
“The Witch Hunt continues with local New York Democrat prosecutors going over every financial deal I have ever done. This has never happened to a President before,” he tweeted.
“What they are doing is not legal. But I’m clean, and when I release my financial statement [my decision] sometime prior to Election, it will only show one thing – that I am much richer than people even thought,” he added.
Trump broke with a presidential norm during the 2016 election campaign by refusing to release his tax returns as most presidential candidates have done since the 1970s even though it is not required by law.
He claims that his tax returns are under audit by the Internal Revenue Service, though the IRS says that's no barrier to disclosure.
His lawyers have approached the United States Supreme Court seeking to block two separate rulings that require Trump’s accounting firm hand them over to a congressional committee in the Democratic-led House of Representatives and to the Manhattan district attorney.
The district attorney, Cyrus Vance Jnr, a Democrat, is investigating payments made by Michael Cohen, Trump’s former personal lawyer, to Stormy Daniels, an adult film actress who claimed to have had a sexual liaison with Trump before he ran for president in 2016.
Cohen is now serving three years in prison after admitting paying hush money – in violation of campaign finance laws – to Daniels and to Karen McDougal, a former Playboy model, who also claimed to have had a similar affair with Trump; tax fraud; and lying to Congress.
A federal appellate court in New York earlier this month ordered the accountancy firm Mazars USA to release eight years of Trump’s tax returns in regards to the investigation, leading his lawyers to approach the Supreme Court.