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Nevada congressional representatives want Trump to release tax returns, but won't release their own

Riley Snyder
Riley Snyder
Congress
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Numerous members of Nevada’s congressional delegation have been vocal in demanding that President Donald Trump follow decades of tradition and publicly release his tax returns.

But ask those same elected officials to follow suit and release their own returns, and their answer, for the most part, is no.

Inspired by a recent Roll Call story asking every member of Congress to release their tax returns, The Nevada Independent reached out to all six members of Nevada’s congressional delegation to see if the state’s representatives would be willing to publicly share their tax returns.

Five members of the delegation either demurred or didn’t respond, saying that releasing their tax returns would be atypical behavior for a member of Congress, and that their individual finances were already available in publicly released financial disclosures.

Only freshman Democratic Congressman Ruben Kihuen released his 2016 returns to The Independent, following recent precedent set when his campaign released his 2015 and 2014 returns to media outlets during the last election cycle. Republican Sen. Dean Heller released several years of tax returns to the Las Vegas Sun in 2012, but a spokesperson didn’t answer our requests for more recent returns.

Although the financial disclosures can provide a useful look into the finances of elected representatives, they often don’t paint the full picture that a tax return can because it includes charitable giving, actual levels of gross and taxable incomes, effective tax rates paid and any tax credits a congressional member might have reported using.

And financial disclosures only offer ranges — not specific figures— of the financial assets and liabilities that elected officials have, which makes it hard to pinpoint exact finances.

The lack of disclosure isn’t a Nevada-specific phenomenon. Roll Call found only 12 congressional members willing to release their full tax returns, with 45 releasing partial tax information and a whopping 473 members failing to respond, including nearly 200 who have called on the president to release his own taxes.

Below, we’ve listed the responses received from each member of the delegation as well as pertinent details about their disclosed finances.

SENATOR CATHERINE CORTEZ MASTO

Cortez Masto spokesman Rey Benitez said the state’s Democratic senator has “repeatedly” called on Trump to release his tax returns, and linked to several tweets from the senator, including one from April using the hashtag #ReleaseYourTaxes.

However, Benitez said Cortez Masto had no plans to release her own taxes to the public.

“Members of Congress have not traditionally released their tax returns but they are required to disclose their personal financial interests every year,” he said in an email. “Senator Cortez Masto will continue to submit her annual public financial disclosure reports as required by law.”

According to her most recent disclosure form filed in November 2016, Cortez Masto and her husband reported holding between $1.2 million and $2.7 million in assets. No liabilities were reported.

The Mastos reported owning a parcel of undeveloped land and a rental property in Las Vegas, both worth between $250,000 and $500,000, in addition to their primary residence.

State-level financial disclosure reports filed during Cortez Masto’s tenure as attorney general state that the undeveloped parcel is in the Canyon Gate neighborhood, and is currently on the market for $300,000.

SENATOR DEAN HELLER

A spokeswoman for Heller didn’t return emails seeking comment, but Heller did release three years of tax returns to the Las Vegas Sun in 2012.

In 2011, Heller reported nearly $259,000 in gross income, but thanks to a number of tax credits reported as taxable income of $104,503, giving him an effective tax rate of 7 percent.

Heller’s finances have undoubtedly changed over the last six years — he purchased another 147 acres to add to his alfalfa farm in rural Lyon County in 2014, for example.

According to his most recent disclosure, Heller received close to $32,000 in direct income from a Nevada state retirement fund and reported assets worth between $3.2 million and $9.8 million.

To our knowledge, Heller has never publicly called on Trump to make his tax returns public.

CONGRESSWOMAN DINA TITUS

The state’s senior congressional Democrat has never shied away from urging Trump to release his returns, including sending a letter with 163 other members of Congress that called on Senate Republicans to submit a formal request for the last 10 years of the president’s tax returns. She also co-sponsored a bill that would require presidential candidates release their last three years of tax returns.

But Titus has no plans to make her returns public.

“My salary has been in the public record since I started at UNLV in 1977,” she said in a statement. “Other information regarding my income is publicly available in accordance with the financial disclosure laws governing federal personnel.”

According to her most recent disclosure, Titus reported assets with a value between $1.9 million and $7.65 million, with only one liability between $15,000 and $50,000 for a new car loan.

CONGRESSWOMAN JACKY ROSEN

Like her other Democratic colleagues, Rosen has co-sponsored a bill that would require presidential candidates to publish three years of tax returns — but demurred when asked if she’d release her own returns.

“Congresswoman Rosen has voted on several occasions to call on the President to release his tax returns since the beginning of the 115th Congress,” Rosen spokeswoman Ivana Brancaccio said in a statement. “Over the last 40 years, presidents and presidential nominees from both major political parties have released their tax returns. Members of Congress have never been required to release theirs. However, as required by law, members of Congress must disclose any and all reports of personal financial interest.  Public disclosure reports include information about a range of asset values and any gifts, and/or travel reimbursements along with insight into a range of other income, assets, and investments. Congresswoman Rosen has submitted her public financial disclosure report and will continue to submit these reports on a regular basis.”

According to her most recent financial disclosure form, Rosen and her husband report holding assets with a value between $3.6 million to $9.8 million primarily in dividends and investment funds, which includes rental income from a condominium in Brian Head, Utah that was sold in July 2016. She reported only one liability between $50,000 and $100,000 on a home mortgage.

CONGRESSMAN RUBEN KIHUEN

Kihuen was the only member of the delegation to publicly release his 2016 returns, and had previously sent out two years of returns to members of the media during the 2016 election cycle.

According to the return, Kihuen reported a total income of $51,939, with a taxable income of $41,589. He received a refund of $2,940.

The congressman’s May financial disclosure report revealed only slightly more information. He reported a Wells Fargo checking account worth between $1,000 and $15,000 and liabilities in the form a credit card debt between $10,000 and $15,000. His earned income totaled slightly more than $53,000, mostly from his former work at the Ramirez Group.

  Ruben Kihuen 2016 tax returns by Riley Snyder on Scribd

CONGRESSMAN MARK AMODEI

Amodei — who chaired Trump’s Nevada efforts during the 2016 campaign — appeared to break from many Republicans when he told the Reno Gazette-Journal in May that the president “ought to release the tax returns.”

The state’s only Republican House member attempted to clarify that sentiment, saying in a statement that he thought the president should honor his promise during the campaign to release the returns, rather than simply uphold a tradition.

“It’s not about whether a president should or shouldn’t release their tax returns,” Amodei said in a statement. “For me, the issue comes down to the President saying he would release his tax returns during the campaign – so he should do what he said he would.”

Like most of his counterparts in the state’s congressional delegation, Amodei passed on releasing his own tax returns. According to financial disclosure reports, the Republican has assets worth between $202,000 and $480,000, and liabilities in the form of two mortgages totaling between $200,002 to $500,000.

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