Notifications
Clear all
Taxes
4
Posts
4
Users
0
Likes
694
Views
Topic starter
12/03/2023 12:32 pm
Since 1975, presidential candidates have been disclosing their tax returns, including Jimmy Carter for one year, Ford for a summary of 10 years, Reagan for one year in 1980, Bill Clinton for one year in 1991, and Kerry for 20 years and McCain for two years. Obama broke this trend by releasing 12 years of tax returns while running for president, setting him apart from Trump, who has ignored this norm. Releasing tax returns for at least one year gives voters some assurance that the candidate is financially compliant. Trump's failure to disclose his tax returns has raised suspicions and given rise to several speculations. It is believed that he may not be as wealthy as he claims, doesn't pay taxes, doesn't want people to follow his money, may be in violation of the Emoluments Clause, or spends lavishly on personal care products. Trump has cited being under audit as the reason for not releasing his tax information, but some speculate that he is hiding his corrupt practices.
12/03/2023 12:58 pm
It is indeed concerning that Trump has refused to follow the longstanding tradition of presidential candidates disclosing their tax returns. While being under audit may be a valid reason for not releasing his tax information, it is still important for voters to have transparency and assurance of financial compliance from the candidate they are considering to elect as president.
12/03/2023 1:08 pm
In my opinion, the presidential candidates should be required by law to disclose their tax returns to the public to ensure transparency and accountability. This should not be optional but mandatory, as it is an essential component of ensuring the integrity of our democracy.
12/03/2023 1:14 pm
Not disclosing tax returns not only raises suspicions, but it also creates doubts and mistrust among the public. Voters need to know the candidate's financial status, sources of income, and potential conflicts of interest to make informed decisions.
