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Opinion: On Trump's taxes, here's where it gets interesting

February 23, 2021. Summarized by summa-bot.

Compression ratio: 48.9%. 2 min read.

<<enter caption here>> on February 13, 2018 in Washington, DC.

Manhattan DA Cy Vance has not been twiddling his thumbs while waiting for the Supreme Court Monday ruling that will now allow Manhattan prosecutors to obtain Trump's return, writes Jennifer Rodgers. Trump should indeed be worried; at this point Vance may be closer to the end of this investigation than the beginning.

(CNN)Few things are certain in life, other than death -- and that Donald Trump's tax returns would inevitably be released.

On Monday, the Supreme Court finally ended the long legal saga over them with a one-sentence order that will allow Manhattan prosecutors to obtain Trump's returns and related documents from the Trump Organization.

This information will likely be in the hands of Manhattan District Attorney Cy Vance and his team for their grand jury investigation within the next few days.

Manhattan investigators are likely focused on bank loans, insurance applications and other kinds of financial transactions related to Trump-owned properties to determine whether he or his companies violated any state laws.

Vance's team has not been twiddling its thumbs while waiting for the court to clear the way for Trump's accountants to hand over the documents.

Vance added forensic investigators to the team and earlier this month swore in a highly experienced former federal prosecutor.

But while untangling eight years of complicated financial transactions can take time, Vance's team likely is not starting from ground zero, even with respect to documents that Trump is being forced to turn over for the first time.

Not only have investigators learned a lot about Trump's potential criminality from their independent probe over the last year and a half, it's entirely possible that prosecutors already had access to the tax returns and some of the other information that the former president's accountants will now officially release.

The fact is, prosecutors and their investigators have sources, just like reporters do, and if the New York Times got copies of Trump's tax returns, Vance's team may have as well.

I suspect, given the vitriolic statement Trump issued Monday about losing the tax returns subpoena -- it was a "fishing expedition" he said, and he was being "persecuted"-- that he is very worried about the Vance investigation as well.

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