Senators to Push Bill to Force Trump to Release Tax Returns

Senate Finance and Foreign Relations Committee leaders plan to push the Senate when it returns from the August recess to take up and immediately pass in September the Presidential Tax Transparency Act, legislation requiring candidates to release their tax returns shortly after becoming the official nominees of their parties.  

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Senate Foreign Relations Committee Member Chris Murphy, D-Conn., are pressing for the bill’s passage in light of Republican presidential nominee Donald Trump’s continuing refusal to release his tax returns, “and with reports raising questions about his financial ties abroad, charitable giving and the zero tax rate he has paid some years in the past,” the two said in a Wednesday statement.

The two senators plan to hold a media conference call on Thursday to call on Trump “to make his returns public in accordance with four decades of bipartisan tradition.”