On the recordSeptember 15, 2016
Madam President, I am on the floor today to talk about the Presidential Tax Transparency Act. It is a simple proposal that would require every Presidential candidate of a major party to release their tax returns. Hillary Clinton has already done it. In fact, every single general election candidate in the past nine elections has done it. I will be honest. This is not the kind of legislation that I thought Congress would ever need to pass, but, like a lot of people, I never thought that someone like Donald Trump would be the nominee of a major political party. Donald Trump makes a big show, strutting around, pretending to be tough, but he is too chicken to show his tax returns to the American people. He has had a million excuses, but we all know why Donald Trump isn't releasing his taxes. He is hiding something. For a long time I wasn't sure what he was hiding. But thanks to the tireless work of journalists and experts, we at least have some clues about what he is hiding. We don't know everything, but slowly some of his secrets are starting to leak to the public, and they are not pretty. Let's start with the tax scams that we know about. Here are just three of them. The first scam is claiming tax credits for homeowners who make less than $500,000 a year. He wasn't eligible, so he lied--nothing fancy. Eventually, the press caught wind of it, and Trump paid up. And if he hadn't been caught, he would still be lying about it today. Here is another Trump tax scam.…





