Political Quotes

“Madam Speaker, I thank our wonderful colleague from Massachusetts (Mr. McGovern) for yielding to me. Madam Speaker, I rise in opposition to the rule and the underlying legislation, and I urge my colleagues to defeat the previous question so that this bill that I have authored, the Presidential Tax Transparency Act, can be made in order for immediate floor debate and a vote. Now, the Presidential Tax Transparency Act would require the President and future Presidential nominees of both parties to disclose their tax returns. Many Americans took for granted that this was covered by law, but what we have had is a decades-long tradition of voluntary disclosure by both Republican and Democratic nominees for the Presidency. For the first time since the immediate post-Watergate era, candidate Trump and now President Trump has refused to release his tax returns to the public. Those who seek or hold the most powerful office in the world should be held to the highest standard of transparency to ensure the best interests of the American people are met. Tax returns provide an important baseline disclosure because they contain highly instructive information, including whether the candidate paid any taxes, what they own, what they have borrowed and from whom, whether they have made charitable donations, and whether they have taken advantage of tax loopholes or offshore tax shelters.…”