Mandatory Public Disclosure of Tax Returns for Presidents and Candidates
This law mandates that the President, Vice President, and major party candidates publicly release their income tax returns. Citizens will gain transparency into the financial dealings and potential conflicts of interest of their leaders, as 10 years of tax records will be made available through the Federal Election Commission (FEC). This aims to enhance public accountability and trust in high office.
Key points
Requires the President, Vice President, and major party candidates to disclose 10 years of income tax returns.
The disclosed information, including returns from key corporations or trusts owned by the official, will be made publicly available by the Federal Election Commission (FEC).
If an official fails to comply, the FEC is authorized to request the returns directly from the IRS, ensuring enforcement.
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens
(explained here).
Start recording it now.