Saturday, December 24, 2022

Trump’s tax returns, meet truth and consequences

Sometime soon, a congressional committee led by Democrats will begin doling out former President Donald Trump's income tax returns to the pu

I've Seen Trump's Tax Returns and Now You Can, Too — Timothy L. O'Brien

Sometime soon, a congressional committee led by Democrats will begin doling out former President Donald Trump's income tax returns to the public. The disclosure marks the end of a bitter, multi-year battle to keep the returns under wraps. It all would have been unnecessary if Trump had done what every president since Gerald Ford had done: release them voluntarily.

Photographer: Thomas Simonetti for the Washington Post via Getty Images

Trump's predecessors released theirs to help promote bipartisan transparency and good government in the post-Watergate era. He had no interest in any of that when he landed in the White House, and relied on a litany of howlers, including claiming his was being audited, to explain his recalcitrance.

What a fine mess he has gotten himself into. There are certainly more surprises to come, but a pair of summaries of the House Ways and Means Committee's analysis of Trump's personal and business tax records from 2015 through 2020 contained interesting revelations that will trouble the former president and certainly draw the attention of prosecutors.

Read the whole thing.

Harry and Meghan Aren't Doing Themselves Any Favors — Martin Ivens

Now There's Strep Throat for Parents to Worry About, Too — Lisa Jarvis

Truth Is Reasserting Itself Over Trump's Lies — Francis Wilkinson

Messi May Not Be Soccer's GOAT for Long — Bobby Ghosh

A Lamentable Move by the Jan. 6 Committee — Bloomberg's editorial board

Shipping's Oil Era Is Coming to an End — David Fickling

Australia-China Tension Is a Case of World War II Deja Vu — Hal Brands

Democrats Show Republicans How Lawmaking Should Be Done — Jonathan Bernstein

Twitter Users Deliver the Verdict Musk Probably Wanted — Parmy Olson

FYI

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Notes: Bloomberg Opinion Today is taking Christmas off and will return on Monday. To contact the author of this newsletter, email Brooke Sample at bsample1@bloomberg.net.

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion published this week based on web readership.

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