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Increased Transparency: President, VP, and Cabinet to Disclose Tax Returns

A new bill aims to increase government transparency. If passed, the President, Vice President, and Cabinet-level officers will be required to publicly disclose their tax returns. This will allow citizens to better understand the finances of individuals holding key public offices.
Key points
Presidential and Vice Presidential candidates must disclose tax returns for the current and two prior years.
Cabinet nominees will also be required to disclose tax returns for the current and two prior years.
Sitting President, Vice President, and Cabinet members must disclose their tax returns annually.
This information will be publicly available, aiming to increase public trust in government.
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Additional Information
Print number: 118_HR_2529
Sponsor: Rep. Ruiz, Raul [D-CA-25]
Process start date: 2023-04-06