Trump Files Suit to Prevent Release of his Tax Returns

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US President Donald Trump has filed a lawsuit in a bid to prevent the disclosure of years of his tax returns, which he refused to release before the 2016 presidential elections.

The suit was filed on Tuesday against the Democrat-led House Ways and Means Committee, New York State Attorney General Letitia James as well as the commissioner of the New York Department of Taxation and Finance Michael Schmidt, World News reported.

Trump's lawsuit was filed "in its capacity as a private citizen" less than a month after the Ways and Means Committee sued the Treasury Department and the Internal Revenue Service to gain access to its federal returns.

"We have filed a lawsuit today in our ongoing efforts to end the President's persecution," said Trump's lawyer, Jay Sekulow, in a statement, adding that "The actions taken by the House and New York officials are nothing more than a political retribution."

"Like the House Democrats, Democrats in New York have used every tool in their disposal to expose the president's private financial information," read the statement, adding, "And like the House Democrats, their goal is to retaliate against President Trump and damage him politically . "

Meanwhile, James issued a statement defending her state's attempt to win the president's returns.

"President Trump has spent his career hiding behind lawsuits, but as the New York's chief law enforcement officer, I can assure him that no one is above the law --- not even the president of the United States," she said in a statement. .

Trump has refused to release his tax returns arguing that they are being audited, a claim rejected by the Internal Revenue Service (IRS).

There have been reports that he engaged in "dubious tax schemes" that included "direct fraud cases".

In mid-April, Democratic lawmakers gave the president 10 days to hand over his tax returns. That deadline was announced after the initial April 10 deadline had children.

Early in May, The New York Times reported that Trump's businesses lost over $ 1 billion from 1985 to 1994, and he avoided paying income taxes for eight of the 10 years.

The newspaper announced it received printouts from Trump's official Internal Revenue Service (IRS) tax transcripts.

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