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AOC Takes on Trump's Taxes
Brut America
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3/25/2025
Rep. Alexandria Ocasio-Cortez is ready to go where no other politician has yet dared to go — President Trump’s personal finances. Her target — his tax returns.
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00:00
So, while he's talking collusion, collusion, collusion, I think in oversight, we should
00:05
be talking about taxes, taxes, taxes.
00:13
You hear the president say, no collusion, no collusion, no collusion, right?
00:19
He's always talking about the focus on the relationship between his campaign and Russia,
00:23
which is, the scope of that investigation is under the House Intelligence Committee
00:29
as well as several other investigatory bodies.
00:32
So while he's talking collusion, collusion, collusion, I think in oversight, we should
00:36
be talking about taxes, taxes, taxes, and his bank account, his bank account, his bank
00:41
account, his financial statements, statements, statements, because that's where I think actually
00:46
some of the most troubling practices are with direct relevance to the American people under
00:53
the scope of oversight.
00:54
We're talking about him artificially inflating his assets to insurance companies and artificially
01:00
deflating his assets in order to avoid paying taxes when he's already benefiting when the
01:07
public is building and paying for the courses that he's profiting off of.
01:11
So I think that these are serious issues.
01:14
I think we need to look at his finances, and I think the fact that he has not been forthcoming
01:21
with them is concerning, but even for those who support the president and who believe
01:25
that the president is in the clear, I think it's important that he is able to really instill
01:32
that confidence in the American people that he's not swindling us, like every other president,
01:37
and disclose his financial statements.
01:46
To your knowledge, did the president ever provide inflated assets to an insurance company?
01:51
Yes.
01:52
And where would the committee find more information on this?
01:55
Do you think we need to review his financial statements and his tax returns in order to
01:59
compare them?
02:00
Yes, and you'd find it at the Trump org.
02:03
To your knowledge, was the president interested in reducing his local real estate bills, tax
02:07
bills?
02:08
Yes.
02:09
And how did he do that?
02:10
What you do is you deflate the value of the asset, and then you put in a request to the
02:15
tax department for a deduction.
02:19
And would it help for the committee to obtain federal and state tax returns from the president
02:23
and his company to address that discrepancy?
02:25
I believe so.
02:26
Thank you very much.
02:27
I yield the rest of my time to the chair.
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