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Transcripts For BBCNEWS BBC News 20240706

we begin in the us where a congressional committee has released the tax returns, covering a six year period, for the former president donald trump. some 2,700 pages of documentation, which mr trump had battled for years to keep secret, stretch from 2015 through 2020, covering mr trump s candidacy and time in the white house. the fight went all the way to the us supreme court this year, and last month the justices refused to block the release of the tax returns to the committee, thereby paving the way for their release. i m joined now by our washington correspondent gary 0 donoghue. this is the end of one long road but there is a huge amount of documentation, this is not a straightforward case of having a look and making a judgment i presume. m0 look and making a “udgment i resume. ., , ., ., ., presume. no it is not although the committee presume. no it is not although the committee has done presume. no it is not although the committee has done some - presume. no it is

Transcripts For CNN CNN Newsroom 20240706

came out an hour ago and there is say lot of data here and how the former president is responding. so as as you said, we have team combing through hundreds of pages but trump paid a very low amount of income tax in the first and last year of presidency. we re talking about 2017 he paid $750. 2018 and 2019, it was combined $1.1 million in income tax and in 2020 it was $0 and that is important and here is why. we hope the tax returns will show the raw data of the numbers but it is looking at the detailed documents that were providing to give us insight into his businesses. are they really as successful as he has said. and i talked to a number of tax experts who say that $0, that indicates that there might be been some faltering business. he said in 2016 it was smart not to pay taxes when he was talking with hillary clinton about why he wouldn t release them. but is it actually business losses? which is important when you think about the political ramifications of a man who ra

Transcripts For CNN At This Hour With Kate Bolduan 20240706

now. what rudy giuliani and jared kushner swore under oath. today donald trump s taxes now in plain sight after a year s long back and forth legal battle. plus the transportation secretary s new threat aimed at southwest airlines, make good on getting thousands of passengers home or face thousands of dollars of fines for failing to get planes in the air. this is what we re watching at this hour. and good morning, everyone. i m amara walker in for kate bolduan. just minutes ago, the committee investigating the insurrection putting out a new batch of transcripts from the work. today s releasing includes a few headline names. rudy giuliani, donald trump s former legal mouth piece who helped lead some efforts to undo the 2020 election. jared kushner and jason miller a top campaign visser and ginni thomas who also attended stop the steal rallies. cnn is reading through all of this right now and we ll bring you details as soon as we get them. also this hour, a never befor

Transcripts for BBCNEWS BBC News 20240604 17:03:00

think will ask. we in 2020. that is one question i think will ask. think will ask. we ust have a statement h think will ask. we just have a statement coming think will ask. we just have a statement coming from - think will ask. we just have a l statement coming from donald think will ask. we just have a - statement coming from donald trump about the release of these tax returns in it he says, it s by his campaign, the democrats never should have done it the supreme court never should have approved it and it will lead to horrible things for so many people. the great usa divide will grow far worse in the radical left democrats will weapon nice and everything but remember that is a dangerous two way st. a very trump like response but there is a point here. a lot of these tax returns have to bear in mind that they are were very heavy losses carried forward as well which makes a simple equation as to how much tax you paid on this year or that the most impossible to assess. i on this ye

Transcripts for CNN CNN Newsroom 20240604 15:02:00

he wouldn t release them. but is it actually business losses? which is important when you think about the political ramifications of a man who ran on the fact that he was a wealthy and therefore successful businessman and trump is agitated. he has already issued a statement saying democrats shouldn t have done this and the great usa divide will now grow far worse. the radical left democrats have weaponized everything. but remember that this is a dangerous two-way street. and he and he released a video as part of the 2024 campaign calling on republican tosz start looking into biden s finances and to biden s family. so that is what he referred to when he talks about a two-way street. and the gop is taking over the house in mere days with a lot of over sight. we know that richard neil put out a statement after this came out. of course he s the democrat. and he said congress serves as a check on the executive branchond our committee is

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