By Maria Rocha-Buschel
On Thursday, State Senator Brad Hoylman announced the introduction of City Councilmember Andrew Cohen’s resolution urging the state legislature to pass Hoylman’s bill requiring presidential and vice presidential candidates to release their tax returns in order to appear on the ballot in New York. Cohen, whose district is in the Bronx, joined Hoylman on the steps of City Hall for the announcement, along with Councilmember Mark Levine, whose district is in northern Manhattan.
Hoylman noted that it isn’t a coincidence the legislation, known as the Tax Returns Uniformly Made Public (T.R.U.M.P.) Act, shares its name with the president, “but it did take a very long time to come up with it,” he admitted.
The senator argued that the legislation is important because President Trump broke a 40-year tradition in which presidential candidates make their sources of income and other financial information available to the public.
“Another reason it’s important is that presidents aren’t subject to conflict of interest laws,” Hoylman said. “What is he hiding? He could be getting money from Russian oligarchs. Voters need that information to vote intelligently.”