Posted on 07/09/2020 7:52:30 AM PDT by servo1969
The Supreme Court on Thursday ruled that President Trump is not immune from a subpoena over his financial and tax records to Democratic Manhattan District Attorney Cyrus Vance, Jr., -- and declined in a separate case to issue a definitive ruling on whether congressional committees can have access to Trump's financial records, throwing both issues back to lower courts.
Vance had subpoenaed Trump's records as part of a criminal investigation into potential wrongdoing by the president and his organization. Multiple House committees had subpoenaed Trump's records ostensibly as part of an effort at oversight and to inform potential legislation.
"President is neither absolutely immune from state criminal subpoenas seeking his private papers nor entitled to a heightened standard of need," Chief Justice John Roberts wrote in the court's majority opinion in the New York case. The court limited its ruling and the arguments before it to whether Trump has "absolute immunity" and state prosecutors are required to show a "heightened need" in order to obtain documents as part of investigations into a president.
The president "may raise further arguments as appropriate," in lower courts in an effort to keep Vance from obtaining his documents, Roberts wrote.
Roberts also authored the opinion in the House case.
"Without limits on its subpoena powers, Congress could 'exert an imperious controul' over the Executive Branch and aggrandize itself at the President's expense, just as the Framers feared," he wrote.
The rulings, in the near term, represent a partial victory for the president -- he will not have to turn over financial documents in the midst of a fraught presidential election.
(Excerpt) Read more at foxnews.com ...
I agree. If Trump’s taxes were a something burger we’d already know by the leaks.
When his tax returns are released to any court, they will be leaked to everyone.
Taxes tell you nothing. You couldn’t figure out what he owes to whom based on tax returns. Trump is fighting this on principal.
Demand for his Taxes are how Biden gets out of any debates.
They know that once anyone gets their hands on these records, they will be immediately leaked to the media/dem complex, and the leaker(s) will not be punished but instead praised.
another day..another wait to find out if John Roberts is THAT John Roberts
And whether Maxwell is the person in the Jon Benet Ramsey photo.
The Wild Wild year of 2020
“90% of the people at IRS probably hate Trump and could get the returns if they really wanted to”
Access to the actual returns is very restricted, even within the IRS. Agents usually work with a transcript or data summary. One of the first thing they ask me for in an audit is for a copy of the actual return.
Even the transcript information is monitored as to who within the IRS accesses the records. That person would most likely be prosecuted. It’s not like the Obama unmasking fiasco.
^^ THIS ^^
Something most forget.
Take it to the bank, if there was something questionable/illegal on his tax returns, we would already know about it.
“Clarence Thomas is a true AMERICAN HERO!”
Yep. I really hope and pray he doesn’t retire any time soon. That will be a tragic loss when it happens.
Thomas is a national treasure. He’s got to be 10 times smarter than just about any other justice on the court. 100 times smarter than any of the folks in Congress.
Hell the IRS has all that info. Im sure if it was damaging it would have been leaked his first month in office.//
And libs hate it when you point that out.
You don’t get this type of details in taxes. Financial statements tell you the most about a business. Including if you have outstanding taxes etc.
“Taxes tell you nothing. You couldnt figure out what he owes to whom based on tax returns. “
Tax returns tell you a lot. As a retired forensic CPA I’ve torn tax returns apart many times in courtroom testimony. While Trumps return is very complex, after years of preparing returns you learn to reverse engineer the return to the transactions being reported.
How bout throwing in zeros birth certificate while were at it.
Since we are on a fishing expo...i wanna see Gov Cumos and Oh , how about Romney’s ?
Huh? A congressman said “you lie”, not Roberts.
Trump hires the best accountants possible, so there is no tax issue.
What they are digging at is the loans, and if he got favored interest rates, and how the rates were given to him. Deutsche Bank is the usual bank that he did loans with, and various questions will come up.
But I would suggest this....as any info starts to leak to the NY Times...the prosecutor will be brought into a lawsuit over protection of data. He could be forced into a game where several million dollars of his money (not the government’s) has to be paid for damages.
As long as he isn’t stupid and agrees to taped testimony...I don’t see them getting far with this act.
The President should release requested docs only if under Indictment. Without a legal Indictment, take the highway.
When the IRS was persecuting Conservative Groups about their non-profit status the Commissioner claimed a hard drive was destroyed that contained emails under subpoena and no one was fired or prosecuted
I could go on but if Trump is involved no rules exist that cant be broken
We are pleased that in the decisions issued today, the Supreme Court has temporarily blocked both Congress and New York prosecutors from obtaining the Presidents financial records. We will now proceed to raise additional Constitutional and legal issues in the lower courts.
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