A tradition of tax returns
Though they’re not legally required to do so, every U.S. president since Richard Nixon has made at least some form of their tax returns publicly available. That is, until the current president. Back in January 2016, then-candidate Donald Trump said that he planned to release his tax returns, telling Chuck Todd of Meet the Press: “We’re working on that now. I have big returns, as you know, and I have everything all approved and very beautiful and we’ll be working that over in the next period of time.”
More than four years later, that still hasn’t happened. So, on July 9, 2020, the Supreme Court ruled in favor of a New York prosecutor’s demands for Trump’s tax records. It’s unlikely these tax returns will be made public before the November 2020 election, so it’s unclear whether they will have immediate political implications. Though this exact situation may be unprecedented, this isn’t the first time there has been controversy surrounding a president and taxes. Here are eight of the biggest presidential tax scandals throughout history. And while you’re here, check out these 52 astounding facts you never knew about American presidents.
The post 8 of the Biggest Presidential Tax Scandals Throughout History appeared first on Reader's Digest.
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