If your tax preparer is listing who you owe money to, how you are connected to the money, how your money was made, you better first fire them, and secondly, call the authorities.
Your tax form will contain a W2 if you are working for somebody else that has the various taxes and gross income listed. But nowhere does it say who you owe money to perhaps outside of a bank, and the only reason for that is if you are deducting interest rates. It doesn't say how you made that money either. The IRS has no idea I'm a truck driver.
It is a nice list of extremely poor excuses to get Trump's tax returns, when in reality, it has nothing to do with his presidency or anybody running for President. This law is nothing more than blackmail which just about any non-commie court can clearly see.
You cannot make additional requirements to the Constitution as a political attack (which this is) yet alone make additional requirements for any other reason.
Now if this law had a chance at hell in not being defeated by the courts, then Trump or anybody can make up a phony return saying anything he wanted to. There is no way to check that against the IRS files because the IRS files are off limits to everybody.
Trump's total tax return is reported to be over 125 pages without supporting worksheets and forms. For anyone who operates and managing an organization the size of the Trump Organization there is a huge amount of information in his tax returns.
To report interest paid on loans you must list who holds the loans. Every write off requires supporting data. Every source of income must be listed. Sale of assets have to be reported.
Yes, if a candidate does not release his tax returns, then his opponent can make up all kinds shit about his finances. This is one the reason they release their returns.
Of course if the candidate has financial transaction that would indicate a conflict of interest transaction that would point to possible criminal conspiracies, or transactions that would be difficult for the president to explain then the president might well chose to hide hide them from voters.
It doesn't matter if Trump releases his returns or not. Democrats will still make up shit.
And whether Trump releases his tax returns or not, he will still be the republican nominee.
That's the point I'm making. If the little commies come up with some scheme to have a primary race for the Republicans in their state, and Trump tells them to beat a salt bag with their additional requirements, they may try to use that as disqualification from being on their general ballot.
Flopper, they are doing this for a reason. What do you suppose that reason is?????
Republicans in California adopted the primary as method of determining voter preference in 1912. It is a closed primary.
If Trump decides not to put his name on the primary ballot, the California State Republican Committee will simply ignore the election and select Trump pledged nominees to assure the nomination.
If California passes the law for the general election and I hope they do because what might unfold would be really interesting.
The issue before the courts would be the right of states to control their elections. Republicans have long been a champion of this issue as were southern democrats in the mid 20th century as well as the late 1800's. The Supreme Court rulings have always upheld the right the states to control elections in their state.
Add to the mix the fact that a dozen other state legislatures are considering similar legislation.
Unfortunately, I don't see this train going anywhere for following reasons.
At least a half dozen lawsuits are being filed in federal court and at least one of the courts is going temporary block the law till the case is heard. Since there is less than 5 months before the deadline for releasing tax returns, this may effective solve the problem for Trump.
However, if the courts do not block the law Trump may end the issue by releasing his returns.
If other states joint California, then Trump will certainly release his returns unless there is damning information in the returns which would lead him into criminal court.
The answer to your question as to the reason for this, I refer to the governors statement.
“These are extraordinary times and states have a legal and moral duty to do everything in their power to ensure leaders seeking the highest offices meet minimal standards, and to restore public confidence,” California Governor Gavin Newsom said in a statement announcing the bill signing.