Trump's tax returns
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 10 July 2020
⏱️ 19 minutes
🧾️ Download transcript
Summary
The US Supreme Court has ruled that the US President's taxes cannot be withheld from a grand jury investigation - but what does it mean for his bid to keep his finances private and to get himself re-elected in November?
Ed Butler asks John Coffee, professor of law at New York's Columbia Law school, which legal team and which political party should be celebrating more over this complicated ruling.
Plus, New York Times investigative journalist Susanne Craig tells us what is already known about Mr Trump's tax affairs and the source of his wealth. And tax journalist David Cay Johnston explains why Mr Trump's finances were so little investigated before he became president.
(Picture: US President Donald Trump in the cabinet room of the White House; Credit: EPA/Samuel Corum)
Transcript
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| 0:00.0 | African stories and African voices in The Combe, a brand new podcast from the BBC World Service. |
| 0:06.9 | Search for the Combe, wherever you got this podcast. |
| 0:13.2 | Hello there, I'm Ed Butler and welcome to Business Daily from the BBC. |
| 0:17.9 | Coming up, the Supreme Court has spoken. |
| 0:20.3 | The President must reveal his long |
| 0:22.8 | sought-after tax affairs to a U.S. Court. Supreme Court, including the president's appointees, |
| 0:29.7 | have declared that he is not above the wall. Yep, the Democrats are claiming this as a historic |
| 0:36.0 | political victory, although his people disagree. |
| 0:39.5 | The grand jury were prohibited from arbitrary fishing expeditions |
| 0:43.8 | and initiating investigations out of malice or intent to harass. |
| 0:47.7 | So that language made it pretty clear that this was a win for the president. |
| 0:51.1 | So what's really inside Mr. Trump's hidden tax file? |
| 0:55.5 | We start the digging in Business Daily from the BBC. |
| 1:01.3 | Well, the Supreme Court was pretty clear on the big principle. |
| 1:04.6 | There should be no ultimate obstacle to a detailed legal investigation |
| 1:09.2 | into Mr. Trump's personal and corporate accounts, |
| 1:12.3 | even if he is president. |
| 1:14.3 | Speaking yesterday, Mr. Trump didn't sound too happy about it all. |
| 1:18.8 | This is a political witch hunt, the likes of which nobody's ever seen before. |
| 1:22.8 | It's a pure witch hunt. It's a hoax. |
| 1:24.8 | Just like the Mueller investigation was a hoax that I won, and this |
| 1:28.6 | is another hoax. This is purely political. I win at the federal level, and we won very |
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