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house Bill H.R. 305

Presidential Tax Transparency Act

    S. 26 - The Presidential Tax Transparency Act This bill amends the Ethics in Government Act of 1978 to require the President and certain candidates for President to disclose federal income tax returns for the three most recent taxable years in reports filed with either the Office of Government Ethics (OGE) or the Federal Election Commission (FEC), in the case of a candidate. The OGE or the FEC must make the disclosed tax returns publicly available after making appropriate redactions. If the income tax returns are not disclosed as required by this bill, the OGE or the FEC must request the returns from the Internal Revenue Service (IRS). The bill amends the Internal Revenue Code to require the IRS, upon receiving a written request from the FEC or the OGE, to provide any income tax return that is required to be disclosed under this bill. The bill also establishes civil and criminal penalties for failing to file or falsifying income tax returns that are required to be disclosed pursuant to this bill. TEXT OF BILL: https://www.congress.gov/bill/115th-congress/senate-bill/26/text SPONSORS: January 4, 2017 Mr. Wyden (for himself, Ms. Baldwin, Mr. Bennet, Mr. Cardin, Mrs. Feinstein, Mr. Kaine, Mr. Merkley, Mr. Murphy, Ms. Stabenow, Mr. Udall, and Ms. Warren) introduced the following bill; which was read twice and referred to the Committee on Rules and Administration MAKING ONE'S TAX RETURN(S) IS NOT REQUIRED OF THE PRESIDENT BY THE CONSTITUTION! YOU FRICKIN' LIBERALS WOULDN'T BE SATISFIED NO MATTER WHAT PRESIDENT TRUMP DID, ANYWAY! SO WHAT IF FORMER PRESIDENTS VOLUNTEERED TO RELEASE THEIR TAX RETURNS?! THAT WAS THEIR CHOICE; THEY DIDN'T HAVE TO! YOU DEMOCOMMIES ARE A BUNCH OF FRICKIN' HYPOCRITES! WHY DIDN'T YOU DEMAND MORE "TRANSPARENCY" FROM THAT S.O.B. THAT JUST RECENTLY VACATED THE WHITE HOUSE?! YOU KNOW - THAT TRAITOR WHO SOLD AMERICA OUT TO THE ISLAMIC SUPREMACISTS EVERY CHANCE HE GOT!!! YOU IDOLIZE THAT EVIL P.O.S., BARACK HUSSEIN OBAMA, WHEN THE WHOLE NATION SHOULD HAVE DEMANDED HE BE STRIPPED OF HIS CITIZENSHIP AND TRIED FOR TREASON!!! (BTW, IT'S NOT TOO LATE TO DO JUST THAT!) I apologize for the vulgar and disrespectful language in my post. I just get fightin' mad 😡 when I think about the terrible things BHO did to this country! And I am just FLABBERGASTED by the fact that so many people BOUGHT the socialist lies put forward by BHO, HRC, Bernie Sanders (yeah, talk about BS!), the MSM, and all the other delusional leftists "out there"! I think a lot of you are NUTS, quite frankly! You liberals are like the frog that's been put into the pot of water, and the water's being heated so gradually that the poor ignorant frog is COOKED before it realizes it's in DANGER! Do you value FREEDOM so little?! 'Cause socialism's goal is COMMUNISM! Is that REALLY what you WANT?! If so, go live in Russia! I can tell you right now that there isn't a red-blooded, patriotic, freedom-loving American alive who is going to just sit back and LET you turn this nation into another Communist gulag (OR Islamic caliphate) or third world banana republic! You got that?! That's not a threat; that's a PROMISE! Communism (like Islam) is antithetical to the free Christian nation our founding fathers bequeathed us by the grace of God Almighty! And no one in his/her RIGHT MIND will WILLINGLY trade that for a Communist dictatorship (which BHO tried hard to establish)! If you want to keep losing seats in Congress and losing gubernatorial races, just keep pushing your socialist/globalist agenda. We will mobilize conservative voters on a scale you can only dream of! We will give you a political lickin' that you will never forget! God will fight on the side of His people against the forces of evil!
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    What?? No! Of course not! This isn't an opinion poll on whether or not it's a good thing. This is deciding if we can use government to force a private citizen to disclose private information. You DON'T have a right to that. That's an egregious breach of privacy. Whether or not it's good or desirable that candidates would voluntarily disclose this information is entirely beside the point. It's irrelevant. The government has no right to compel someone to give up their privacy, and that's the end of the discussion! Don't be so shortsighted as to give the government precedent for determining that "government need" or "common good" is, in and of itself, wholly sufficient justification for violating someone's 4th amendment rights! What a terrible precedent to set just because you don't like one president, that the solution is to give the government more power to limit individual liberty!
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    No way! Everyone must have privacy in their financial matters particularly anything to do with the IRS. All this is is more liberal/socialist/communist propaganda due to TDS (Trump Derangement Syndrome). Rewrite this Bill to include all elected officials local, state and federal because if for one then for all!
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    This transparency is critical to the integrity of the highest office in the land.
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    I always love reading Loraki's comments. She doesn't suffer fools lightly. Personally, I have sincere reservations about requiring the release of highly personal information such as tax returns. As for myself, I generally use the 1040 short form. I've struggled with the 1040 long form a few times, when my deductables qualified it. There's no way that I'd even understand a billionaire's return. I just saw an H&R Block commercial that implies that you need tax professionals and a supercomputer to do you taxes. That's a good indication that it's time to simplify the tax code.
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    This is a personal choice. I refer to LORAKI's comments: S. 26 - The Presidential Tax Transparency Act This bill amends the Ethics in Government Act of 1978 to require the President and certain candidates for President to disclose federal income tax returns for the three most recent taxable years in reports filed with either the Office of Government Ethics (OGE) or the Federal Election Commission (FEC), in the case of a candidate. The OGE or the FEC must make the disclosed tax returns publicly available after making appropriate redactions. If the income tax returns are not disclosed as required by this bill, the OGE or the FEC must request the returns from the Internal Revenue Service (IRS). The bill amends the Internal Revenue Code to require the IRS, upon receiving a written request from the FEC or the OGE, to provide any income tax return that is required to be disclosed under this bill. The bill also establishes civil and criminal penalties for failing to file or falsifying income tax returns that are required to be disclosed pursuant to this bill. SPONSORS: January 4, 2017 Mr. Wyden (for himself, Ms. Baldwin, Mr. Bennet, Mr. Cardin, Mrs. Feinstein, Mr. Kaine, Mr. Merkley, Mr. Murphy, Ms. Stabenow, Mr. Udall, and Ms. Warren) introduced the following bill; which was read twice and referred to the Committee on Rules and Administration MAKING ONE'S TAX RETURN(S) IS NOT REQUIRED OF THE PRESIDENT BY THE CONSTITUTION! YOU FRICKIN' LIBERALS WOULDN'T BE SATISFIED NO MATTER WHAT PRESIDENT TRUMP DID, ANYWAY! SO WHAT IF FORMER PRESIDENTS VOLUNTEERED TO RELEASE THEIR TAX RETURNS?! THAT WAS THEIR CHOICE; THEY DIDN'T HAVE TO! YOU DEMOCOMMIES ARE A BUNCH OF FRICKIN' HYPOCRITES! WHY DIDN'T YOU DEMAND MORE "TRANSPARENCY" FROM THAT S.O.B. THAT JUST RECENTLY VACATED THE WHITE HOUSE?! YOU KNOW - THAT TRAITOR WHO SOLD AMERICA OUT TO THE ISLAMIC SUPREMACISTS EVERY CHANCE HE GOT!!! YOU IDOLIZE THAT EVIL P.O.S., BARACK HUSSEIN OBAMA, WHEN THE WHOLE NATION SHOULD HAVE DEMANDED HE BE STRIPPED OF HIS CITIZENSHIP AND TRIED FOR TREASON!!!
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    How do we base them off their taxes returns? So when obama driven the debt to a ridiculous amount and we are worried about their returns how about we question how do they budget their own financial!
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    Really? Stop it, and no, you don't have the right to know. Does anyone even know what rights are anymore?
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    This is SO common sense to guard against treasonous administration people. I call on Every Pennsylvania Congressperson to support it and vote yes.
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    Transparency from our government officials is a must if we are to ensure there is protection from corruption. Tax returns are one such method to establish credibility or point out potential problems. We, as a country, need to be able to trust our officials to do what is best for the country and not for their own gain.
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    Absolutely!! The highest position in the country should be transparent!
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    Rep. Jackson-Lee, I strongly favor passage of this bill. The current situation should convince anyone of the need for this measure. I would also encourage a discussion of other disclosure measures which should be instituted before our next Presidential election. Given the rise of dementia, a standard mental function test should also be required and an MMPI as well. Thank you for your service. I feel you understand your constituents and serve us well.
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    Whoever votes against this very oh-my-god-this-isn't-already-the-law? type of measure is putting party over the safety and well being of the country and must be fired at the earliest opportunity. The majority of Americans agree with this!
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    Voters must have verified knowledge of elected officials ethics concerning all things determined lawful in our country. Especially tax laws.
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    Not a Constitutional requirement
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    Trump needs to release his tax returns to show conflicts of interest!
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    Why am I not surprised this was brought up by a Democrat? NOW you all care about transparency?!!! I am against the government forcing anyone to reveal their private IRS information. Once again, it is government overreach.
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    The American people have the right to
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    All candidates for high public office should release their financial statements. The people should know whether or not a candidate might have conflicts of interest. I expect all my representatives to vote "YES" to this bill, especially Rep. Katko, who said he would on the record.
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    We must see his taxes
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