If other states follow suit, this could throw a wrench in Donald Trump’s bid for reelection.
The California State Assembly has passed the Presidential Tax Transparency and Accountability Act, by a vote of 42-18, requiring all presidential candidates to release 5 years of tax returns in order to be on the ballot.
The tax returns would be made available to the public on the California Secretary of State’s website.
The bill now heads to the state Senate before landing on the governor’s desk to be signed into law.
As we all know, Donald Trump became the first presidential candidates since the 1970s to not release his tax returns.
Although he told the American people over and over again that he couldn’t because he was “under audit,” the IRS has said audits do not prevent people from making their tax information public.
Can you imagine if he tries to say his taxes are still “under audit” in three years?