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tsai3904
03-25-2017, 10:43 AM
Justin Amash has cosponsored H.R.305, the Presidential Tax Transparency Act:

https://www.congress.gov/bill/115th-congress/house-bill/305

Amash and Mark Sanford are the only Republican cosponsors of the 74 cosponsors.

Description of bill from sponsor's press release:


Eshoo Introduces Legislation to Require Presidents and Presidential Candidates to Release Tax Returns

January 5th, 2017

WASHINGTON, D.C. – Rep. Anna G. Eshoo (CA-18) today introduced the Presidential Tax Transparency Act to require sitting presidents and presidential nominees of major parties to publicly disclose their three prior years of federal tax returns. Presidents would be required to disclose their returns in their annual disclosure documents, and nominees would be required to disclose their returns within 15 days of receiving their party’s nomination. The bill is the companion legislation to S. 26, authored by Senator Ron Wyden (D-OR).

“The American people justifiably expect those who seek or hold the highest office in the land to be open and transparent about their tax returns,” Eshoo said. “Tax returns contain vital information, such as were any taxes paid; were any charitable contributions made; were tax loopholes taken advantage of; and are any assets kept offshore.

“For decades, Presidents and candidates have disclosed their tax returns but this bipartisan practice has never been required by law. The Presidential Tax Transparency Act writes this important disclosure tradition into law. As former presidential candidate Mitt Romney stated last year, ‘tax returns provide the public with its sole confirmation of the veracity of a candidate’s representations regarding charities, priorities, wealth, tax conformance, and conflicts of interest.’”

Background
According to the Tax History Project, every President since 1976 has released their tax returns while in office, but this practice is not required by current law. The Presidential Tax Transparency Act requires the President and all major party Presidential nominees to publicly disclose their previous three years of tax returns with the Office of Government Ethics or Federal Election Commission. “Major parties” are defined in the tax code as parties whose candidate received more than 25 percent of the popular vote in the previous presidential election. If a President or candidate fails to disclose their tax returns, the Secretary of the Treasury is required to provide redacted copies for public disclosure.

Congresswoman Eshoo introduced similar legislation in the 114th Congress, along with 39 bipartisan cosponsors. The text of the Presidential Tax Transparency Act can be found here.

http://eshoo.house.gov/news-stories/press-releases/eshoo-introduces-legislation-to-require-presidents-and-presidential-candidates-to-release-tax-returns/

Brian4Liberty
03-25-2017, 10:59 AM
Not sure about this. Should all politicians be required to publish their tax returns? What purpose does this serve?

tsai3904
03-25-2017, 11:44 AM
842197178386939905

jkr
03-25-2017, 12:25 PM
ewww!

undergroundrr
03-25-2017, 12:52 PM
Presidential nominees are applying for a job. The prospective employer (US citizens including congress) may want documentation that the candidate is eligible for the position and doesn't have conflicts that will jeopardize loyalty to the organization.

Some would say that's up to the voters, to vote on whether such documentation is important to them or not in choosing a president. That's a good argument if you're a fan of democracy.

Should a presidential candidate be required to produce a birth certificate?

dannno
03-25-2017, 01:10 PM
There shouldn't be a such thing as tax returns.

Amash lives in a tough district, though, and he's one of the best reps we've got.

juleswin
03-25-2017, 01:46 PM
If it was so important to the American people, maybe the American people can just not vote for the candidate who did not release their tax returns. Or maybe Justin Amash cannot trust that the American people can make the right decision. I mean, they cannot make the right decision but this is really the least of my worries. if it was up to me, no American other than me can vote for anything that affects my life.

LibertyEagle
03-25-2017, 02:06 PM
Sounds like Justin is still pissy that the guy he endorsed, "booger" Cruz, did not win.

William Tell
04-01-2017, 09:27 PM
Sounds like Justin is still pissy that the guy he endorsed, "booger" Cruz, did not win.

So, you stand with the establishment against the Freedom Caucus? I guess it goes without saying you are glad your communist won and is working to destroy everything this movement built?

Ps Cruz sucks too.