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U.S. Supreme Court rules Trump’s tax returns must be handed over

Economy
10 July 2020 12:37 (AEDT)

Source: Yahoo News

U.S. President Donald Trump will have to hand over his tax records, following a ruling by the country’s Supreme Court.

The seven-two decision ruled a New York grand jury could access the records, as part of a case looking into alleged misconduct during the 2016 Presidential campaign.

In particular, Trump and his team have been accused of paying off Stormy Daniels, an adult actress, using campaign funds.

However, the Supreme Court’s ruling doesn’t mean the President’s tax records will be handed over straight away, and it’s unlikely the documents will be made public due to grand jury secrecy rules.

In order for the President’s records to be released, he would need to leave the top job and be charged with a crime.

In a separate ruling, the court also decided the Democratic-led U.S. Congress did have the power to subpoena Trump, but he also had the privilege as President not to comply.

The fight will now return to a lower court to work out the separation of power issues.

President Trump has reacted poorly to the Supreme Court’s decision, releasing multiple tweets alleging another ‘witch hunt’ was taking place.

Trump also released multiple other tweets, accusing the former Obama Government of corruption.

The New York District Attorney, Cyrus Vance Jr, whose grand jury will now get to access Trump’s tax records, applauded the Supreme Court’s decision.

“This is a tremendous victory for our nation’s system of justice and its founding principle that no one – not even a president – is above the law,” he said.

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