Posted on Nov 7, 2018
Is there a law requiring the sharing of tax returns of Presidents of the US/POTUS or candidates for POTUS?
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I keep hearing about POTUS required to show their tax return. I also know this never happened before 1970s. Did anyone see Roosevelt, Eisenhower, or Kennedy tax returns?
http://www.taxhistory.org/www/website.nsf/Web/PresidentialTaxReturns
http://www.taxhistory.org/www/website.nsf/Web/PresidentialTaxReturns
Taxes
Office of the President (POTUS)
Law
Posted 6 y ago
Responses: 9
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Just how many actual voters, (or politicians), could actually understand a Internal Revenue Service Form 1040?
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SSgt GG-15 RET Jim Lint
Probably zero...since they do not do there own. Only poor people and cheap dogs like me do our own taxes.
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There is no law that that requires public disclosure, but it has been a standard practice (until the current POTUS) for the last 40 years or so for candidates for POTUS to release them to show they have no financial entanglements.
Now there is a law that the House Ways and Means committee can examine any citizen's tax return, which presumably includes the president's but that particular nuance has never been tested in court. That also does not necessarily result in public disclosure of the president's tax returns.
Now there is a law that the House Ways and Means committee can examine any citizen's tax return, which presumably includes the president's but that particular nuance has never been tested in court. That also does not necessarily result in public disclosure of the president's tax returns.
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CPT Adam P.
PO1 John Johnson - Sounds like Devin Nunes's investigation. So I'm going to be like republicans and say does it matter where it came from? What matters is what it says. This is what right wing radio said about Hillary's emails.
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SSgt GG-15 RET Jim Lint
CPT Adam P. - I thought HRC emails were acquired from a lawsuit from Judicial Watch? That is legal.
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CPT Adam P.
SSgt GG-15 RET Jim Lint - I can't tell if your being sarastic or not, but to answer the question, no, Judical Watch did not get her emails. Russian hackers hacked into the DNC and stole the emails and then they released them through Wikileaks and some other server run by a Russian Intel Officer.
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I don't believe there is a law that requires disclosures of financials for political candidates. however, it became the norm in November 1963, when Mitt Romney's father released 12 years of tax returns. since then, it was expected, but not a requirement and certainly not a law
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