Easier way for state lawmakers to force the disclosure
of Trump’s tax information: publishing the state tax returns already in their
possession, which would reveal much of the same information appearing in his
federal documents.
New York, New York
Trump’s New York state resident income tax returns show
his salary, dividends, capital gains, rental real estate income and other
income from all sources — including sources outside New York. If Trump fills
out a “Resident
Itemized Deduction Schedule” — as most high-income individuals in New York
do — he also reports his gifts to charity. And if he is using phantom losses
from previous years to offset tax on his current-year income, then the New York
state return shows
that too.
New York’s Department of Taxation and Finance keeps copies
of Trump’s state returns from as far back
as 1990. Current New York law prohibits state
tax officials from disclosing an individual’s returns, but the New York
legislature could amend that law to require the state tax authority to post the
president’s returns from the past quarter-century on its website. For the sake
of evenhandedness, the legislature might apply the same rule to its other
elected officials. Gov. Andrew M. Cuomo is unlikely to object: He releases
his returns every year, as do the state’s two senators, fellow
Democrats Charles
E. Schumer and Kirsten
Gillibrand.
Might be worth a LTTE.
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