State assembly leaders in New York, California, Massachusetts, and Rhode Island have introduced legislation that can fix some of the damage done by the 2016 election and force future Presidential and Vice Presidential candidates to fully disclose tax returns.
The Presidential Transparency and Accountability Act would force candidates for president to release up to ten years of tax returns, stock holdings, and business relationships to the state level board of elections no later than 50 days before the general election, which would in turn redact personal information and make the returns public. Failure to comply with the legislation should it become law would prohibit the state’s electors from voting for that candidate and the candidate’s name would not appear on the state ballot. The President elect’s refusal to disclose his tax returns, stock holdings, and business relationships denied voters an important perspective on the candidate’s potential conflicts of interests as well as their financial well-being and how much he gave to charity.
Access our toolkit to start financial transparency legislation in your state.
Sign up to receive project news and updates.
Contact us on the detail given below