House Dems offer bill to require presidents to release tax returns

A pair of House Democrats on Wednesday offered legislation to require presidents and presidential candidates to release their tax returns as Democrats are prioritizing obtaining President TrumpDonald TrumpCapitol fencing starts coming down after 'Justice for J6' rally Netanyahu suggests Biden fell asleep in meeting with Israeli PM Aides try to keep Biden away from unscripted events or long interviews, book claims MORE's tax returns in the new Congress.

The legislation, offered by Reps. Anna EshooAnna Georges EshooTime for Congress to make a down payment to prevent future pandemic tragedies Hillicon Valley: US has made progress on cyber but more needed, report says | Democrat urges changes for 'problematic' crypto language in infrastructure bill | Facebook may be forced to unwind Giphy acquisition Eshoo urges Pelosi to amend infrastructure bill's 'problematic' crypto regulation language MORE (D-Calif.) and Bill PascrellWilliam (Bill) James PascrellDemocrats brace for toughest stretch yet with Biden agenda LIVE COVERAGE: Tax hikes take center stage in Ways and Means markup Democrats draw red lines in spending fight MORE (D-N.J.), would require sitting presidents and vice presidents, and major-party nominees for those offices, to make public their 10 most recent federal income tax returns. The bill is aimed at Trump, the first president in decades not to release his tax returns.

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“Being able to scrutinize the tax returns of a man or woman seeking to occupy the most powerful position on earth is a low bar, and one that candidates long abided by until 2016," Pascrell said in a news release. "Americans have a right to know if their President is a crook. Imposing this requirement will ensure that transparency and ethical behavior are minimum requirements for any presidential candidate.”

The provisions in Pascrell and Eshoo's bill are also included in a wide-ranging ethics bill House Democrats introduced last week known as H.R. 1. Democrats are expected to hold hearings on that bill in the coming weeks before bringing it to a vote on the House floor.

Eshoo and Pascrell have both been pushing for congressional action on Trump's tax returns since the 2016 presidential race, when Eshoo released her first piece of legislation on the matter.

Pascrell has been a leader of Democrats' efforts to have Congress request Trump's tax returns from the Treasury Department — an action that House Ways and Means Committee Chairman Richard NealRichard Edmund NealBiden pushes back at Democrats on taxes Want a clean energy future? Look to the tax code Democrats brace for toughest stretch yet with Biden agenda MORE (D-Mass.) is expected to take later this year.

“Tax returns contain vital information for voters and the public, including whether an individual has paid any taxes; whether they made charitable donations; and whether they took advantage of tax loopholes or offshore tax shelters," Eshoo said.

Trump has said that he won't release his tax returns while he is under audit. But the IRS has said audits don't prevent people from disclosing their own tax information.