Hochul releases past three tax returns, calls on Collins to release his returns

Press release:

Clarence, NY – “At a time when our nation is debating critical policy issues including whether to extend middle class tax relief or give more tax breaks to millionaires and companies that ship jobs overseas, voters deserve to know how their elected officials make their money and how much they pay in taxes. In a commitment to transparency, Congresswoman Hochul has made the last three years of her tax returns public,” said Campaign Manager Frank Thomas.

“Given Chris Collins' unwillingness to discuss his support for policies that gut Medicare to pay for additional tax cuts for the rich and lingering questions about the business he does with China so he can better line his pockets, we call on him to give voters the clarity they deserve and be candid with his tax returns,” continued Thomas.

Copies of her 2009, 2010, and 2011 returns are available here: http://www.kathyhochul.com/meetkathy/tax-returns/

Chris Collins supports tax cuts for the wealthiest Americans.  According to a Collins campaign press release, “Collins supports a full extension of the tax cuts.” [Collins Press Release, 7/9/2012]

Chris Collins refused to release his tax returns so he could hide sources of business income. According the Buffalo News,

For his part, though, Collins said he would not release his tax records because they would show how much he's earning from various business partnerships, meaning the release would also make public his partners' income.

More importantly, he said, his income would reveal how much money his companies are making -- and, therefore, provide important information to his competitors. [Buffalo News, 6/2/2012]

Collins told voters “I would never” release tax returns. At an event on May 21, 2012, Collins told an audience “so again, I'm not going to release personal tax returns, because it's got my partners' income. I would never do that.” [Chris Collins Video, 5/30/2012]