TRUMP Act would put Trump's New York tax returns online

The legislation — dubbed the Tax Returns Uniformly Made Public Act (or TRUMP Act) — would require the state to post online the state tax returns of anyone elected to federal or state office in a statewide election, including the president and vice president.

Trump is a resident of New York, and bill sponsor Brad Hoylman hopes the legislation will give the public a glimpse at Trump’s taxes.

“The tax experts I’ve spoken to think we’ll get a good snapshot of what’s on his federal form,” he said. In fact, the Trump tax return that the New York Times reported on before the election was the top pages of his New York state form.

Hoylman argues it’s important for Trump’s taxes to become public as Congress debates tax reform legislation that could benefit high-income individuals, including the president.