Presidential tax return requirement passes Washington Senate

Presidential tax return requirement passes Washington Senate

first_imgOLYMPIA — A proposal inspired by President Donald Trump’s refusal to release his tax returns advanced Tuesday in Washington state.A bill in the state Legislature would require candidates to release five years of returns before they could appear on either the primary or general election ballot in the state.Senators approved the bill on a 28-21 vote Tuesday, sending it to the House.“Although releasing tax returns has been the norm for about the last 40 years in presidential elections, unfortunately we’ve seen that norm broken,” said bill sponsor Sen. Patty Kuderer, a Bellevue Democrat, during debate Tuesday. Kuderer later confirmed she was referring to Trump.How a candidate has handled their own financial affairs and personal investments are relevant details for voters choosing a commander-in-chief, Kuderer added.“It’s become part of the vetting process,” Kuderer said later.Kuderer’s proposal would apply only to candidates for president and vice president.Presidents as far back as Richard Nixon have released their tax returns either during their campaigns or after being elected.Trump initially promised to release his returns, but then reversed himself, pointing to an audit by the Internal Revenue Service, although experts and IRS officials have said audits don’t prohibit taxpayers from releasing their own returns.Trump’s tax returns would contain information on his sources of income, how much he earned, and any strategies he used to reduce his tax bill.But critics warned enacting the Washington proposal would invite an expensive legal fight, politicize the administration of elections, and put the state in an untenable position if a candidate defied the rule.last_img

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Comments