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CNN CNN Newsroom July 6, 2024

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 ....

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CNN CNN Newsroom June 4, 2024 15:03:00

Entrusted with an over sight. a president is no ordinary taxpayer, they hold power and influence and with great power comes greater responsibility. and the important thing to note here is that trump said he broke an enormous amount of precedent when he became the first president in modern history not to release his taxes. this is something he chose to do. and on top of that. that is something that for decades he has shielded from the public. and one other thing i want i to quickly touch on is foreign entities and bank accounts. that is something that we re going through these additional documents for. does he have foreign bank accounts? are there any foreign owned businesses. that is important because you remember this was a big topic of conversation during his entire presidency so that is something we re looking at closely as we go through the hundreds of pages. we also want to bring in margaret taller, and steven ....

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CNN CNN Newsroom June 4, 2024 15:04:00

Rosenthal. great to have you all here. margaret, let s start first with you. as i mentioned the gop taking control of the house in mere days. timing everything here. the democrats releasing these at the last minute they kind of could. we know that republicans are planning for a lot of oversight investigations but is there any indication that they ll try to push back on this specifically? i think they re going to message around it but we ve already seen that. but republicans have an opportunity, if they want to, they could push to put this in legislation so future presidents, including democratic presidents, will be required to release this. that is not where their messaging is at right now and it might never get there. are they going to use this to try to require more disclosure from joe biden and from everyone in joe biden s family. probably. but there is a difference between running for president for the united states and being related to a candidate has long ....

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