Report: Supreme Court announces it will take up three cases on Trump’s tax returns

Democrats’ long battle to get ahold of President Donald Trump’s tax returns is about to enter its final stage.

According to The New York Times, the Supreme Court announced on Friday that it will hear three cases involving Trump’s financial records and whether they must be released to investigators. The court is expected to issue its decision by June, the Times reports.

The battle continues

According to the Times, the first case comes amid disagreements over a subpoena sent to “Trump’s accounting firm, Mazars USA, from the office of the Manhattan district attorney, Cyrus R. Vance Jr., a Democrat.” The subpoena seeks “eight years of business and personal tax records in connection with an investigation of the role that Mr. Trump and the Trump Organization played in hush-money payments made in the run-up to the 2016 election,” the Times reported.

Trump has denied allegations that he paid two women who he allegedly had affairs with for their silence and has refused to hand over his financial documents. Two lower courts have so far ruled against the president, according to CPA Practice Advisor‘s Ken Berry.

The high court will also hear a case involving a dispute between Trump and the House Committee on Oversight and Reform. As part of its own investigation, the panel has subpoenaed financial records regarding Trump’s businesses and trusts.

Trump, for his part, has refused to comply, and thus far, two lower courts have ruled against the president.

Trump is also fighting subpoenas from the House Financial Services Committee and the House Intelligence Committee, which are hoping for access to the president’s financial records as part of their investigation into Russia’s influence on U.S. elections.

The Supreme Court is set to hear arguments on the cases as early as March 2020, according to CBS News, though they haven’t set an official date yet.

Looking ahead

The importance of the timing of the court’s decision cannot be overstated. The outcome of the case could have a major impact on the 2020 elections, as the court’s decision would come just months before November 2020 at the height of Trump’s re-election campaign.

And let’s not forget about Democrats’ impeachment efforts. Dems have been trying to oust Trump since he first stepped into the Oval Office, and this ruling could add fuel to that fire.

But although Trump is on a major losing streak in all three cases, there is some cause for hope; with his latest two appointments to the Supreme Court — Neil Gorsuch and Brett Kavanaugh — the court does have a conservative majority.

But there are no guarantees, and many conservatives sitting on the high court have been lauded for their impartiality. Unlike their more liberal counterparts, they actually side with the rule of the law. Only time will tell if they believe the law is on Trump’s side.

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