Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

McAuliffe, Youngkin now mum on tax return disclosures

The leading candidates for Virginia governor have gone quiet on commitments both previously made to disclose at least some information from recent tax returns before the Nov. 2 election

Via AP news wire
Wednesday 20 October 2021 15:15 EDT
Virginia Governor Trump
Virginia Governor Trump (©2021 Associated Press)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

The leading candidates for Virginia governor have gone quiet on commitments both previously made to disclose at least some information from recent tax returns before the Nov. 2 election.

Neither the campaign of Democrat Terry McAuliffe nor that of Republican Glenn Youngkin has responded to recent inquiries from The Associated Press about their plans to share the information with voters.

While it is not required for Virginia gubernatorial candidates to disclose their returns, there is some limited precedent for doing so. The complete documents could give a more nuanced look at a candidate’s income, deductions and philanthropy than the state’s mandatory disclosures do.

In July, in response to questions from the AP, Youngkin spokeswoman Macaulay Porter said the former private equity executive and first-time candidate would release information from recent years' tax returns before November.

Christina Freundlich, a spokeswoman for McAuliffe, said the former governor would share a summary of recent years’ returns before the election.

In 2013, during the race between McAuliffe and then-Attorney General Ken Cuccinelli, Cuccinelli allowed reporters to examine eight years’ worth of complete federal and state income tax returns, including itemized sources of income and deductions.

After more than a week of public pressure, McAuliffe released summaries of three years of federal returns to reporters, withholding all information about the sources of his income and the deductions and exemptions he enjoyed, the AP reported at the time.

Also on the ballot for governor next month is third-party candidate Princess Blanding, an activist and educator who did not respond to the AP's initial inquiry about whether she intended to release any tax return information.

Jeff Thomas, a Richmond native and the author of two books about money, corruption and influence in Virginia politics, said politicians' tax returns should be a matter of public record.

“A campaign finance system that prevents the public from knowing basic information about how politicians make their money permits two shady gazillionaires to blanket the airwaves with images portraying themselves as avuncular everymen,” he wrote in an email.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in