California governor signs bill on presidential tax returns
Most of the major Democratic candidates for president have already publicly disclosed their personal income tax returns as Trump has refused to do so, breaking with decades of tradition by candidates from both parties.
The Trump campaign said the law signed by Newsom is "unconstitutional." But even if the law withstands a likely legal challenge, Trump could avoid the requirement by choosing not to compete in
The
Newsom, who has repeatedly sparred with Trump over immigration policy and
"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," Newsom wrote in his signing statement.
While states have authority over how candidates can access their ballots, the
The
The bill's author, Democratic Sen.
In a tweet to Trump, McGuire said: "If you want to be on the CA primary ballot, release your returns. It's a low bar to hit, unless you have something to hide."
Tax returns show income, charitable giving and business dealings, all of which Democratic state lawmakers say voters are entitled to know about.
The law also applies to candidates for governor. Newsom, who took office in January, released six years of his personal income tax returns prior to
"Even if the tax returns are completely lawful, there is plenty of material for opposition researchers," he said.



Life Insurance Settlement Association to Host 25th Annual Fall Life Settlement Conference in Nashville, October 13th-15th
Loophole allows families to get aid meant for needy students
Advisor News
- Study finds more households move investable assets across firms
- Could workplace benefits help solve America’s long-term care gap?
- The best way to use a tax refund? Create a holistic plan
- CFP Board appoints K. Dane Snowden as CEO
- TIAA unveils ‘policy roadmap’ to boost retirement readiness
More Advisor NewsAnnuity News
- $80k surrender charge at stake as Navy vet, Ameritas do battle in court
- Sammons Institutional Group® Launches Summit LadderedSM
- Protective Expands Life & Annuity Distribution with Alfa Insurance
- Annuities: A key tool in battling inflation
- Pinnacle Financial Services Launches New Agent Website, Elevating the Digital Experience for Independent Agents Nationwide
More Annuity NewsHealth/Employee Benefits News
- Providers fear illness uptick
- JAN. 30, 2026: NATIONAL ADVOCACY UPDATE
- Advocates for elderly target utility, insurance costs
- National Health Insurance Service Ilsan Hospital Describes Findings in Gastric Cancer (Incidence and risk factors for symptomatic gallstone disease after gastrectomy for gastric cancer: a nationwide population-based study): Oncology – Gastric Cancer
- Reports from Stanford University School of Medicine Highlight Recent Findings in Mental Health Diseases and Conditions (PERSPECTIVE: Self-Funded Group Health Plans: A Public Mental Health Threat to Employees?): Mental Health Diseases and Conditions
More Health/Employee Benefits NewsLife Insurance News