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Prosecutor seeking Trump's taxes cites probe of his business

Prosecutor seeking Trump's taxes cites probe of his business

13 Sept 15:27 Key points summarised by AI
  • Manhattan District Attorney Cyrus Vance Jr. is aggressively pursuing President Trump's tax returns, citing public reports of "extensive and protracted criminal conduct" at the Trump Organization.
  • The subpoena for eight years of Trump's personal and corporate tax records is part of a "complex financial investigation," broadening beyond an initial probe into hush-money payments.
  • Prosecutors referenced public allegations, including former lawyer Michael Cohen's testimony, suggesting Trump inflated asset values for business deals while deflating them for tax benefits.
  • President Trump dismisses the investigation as a politically motivated "witch hunt" by Democrats, asserting it's another attempt to damage him.
  • Vance's legal team urges a swift court decision, arguing that Trump's continued legal challenges are baseless and effectively grant him the temporary immunity previously rejected by the Supreme Court.
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