A bill in Congress may mandate transparency in the White House. Members of the U.S. House Ways and Means Committee, Bill Pascrell, Jr. (D-NJ) and Anna G. Eshoo (D-CA) reintroduced the Presidential Tax Transparency Act on Feb. 9. If passed, this bill would require sitting presidents, vice presidents and major party candidates for those positions to publicly disclose their 10 most recent federal income tax returns to the Federal Election Commission. Current law doesn’t require this practice. “Only a full release of tax returns can provide the public with clear information about potential conflicts of interest or entanglements with foreign governments or businesses,” said Eshoo. Stay tuned.
Our Blog 