Democrats to ask for 10 years of presidential tax returns in new bill - News Summed Up

Democrats to ask for 10 years of presidential tax returns in new bill


(CNN) Democrats are making presidential tax returns a focal point in one of their first pieces of legislation, an effort to build the case to the American people that time is up on President Donald Trump keeping his own tax returns from the public, shutting what could be a window into his personal wealth. According to two sources familiar with the discussions, Democrats will include a provision in their new bill that would require presidential nominees to disclose 10 years of tax returns shortly after they become the nominee. The tax returns would then be posted on the Federal Election Commission's website for public viewing. 1 would require presidential candidates to release just three years of tax returns, but a source familiar with the process said that after reviewing precedent, the marker was moved to a decade of returns. The House Ways and Means Committee had planned to hold a hearing on the tax provision in H.R.


Source: CNN January 02, 2019 19:11 UTC



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