Updated Aug 29, 2019

The 2020 candidates who have released their latest tax returns

Tom Steyer. Photo: Ethan Miller/Getty Images

Personal financial disclosures have become a litmus test for Democratic 2020 hopefuls, as candidates link their tax disclosures with the long-standing fight to obtain President Trump’s tax returns.

Our thought bubble, per Axios' Alexi McCammond: It will likely be politically toxic for any 2020 Democrat not to release their tax returns, since this is an example of how anything they demand of Trump they must do themselves. This is Democrats’ way of separating themselves from Trump, trying to get back to norms and pushing for transparency.

  • Yes, but: This trend could easily set up a situation in which all Democrats release their returns and Trump still won’t release his — and voters may not care.

The candidates who have released their taxes this cycle:

Go deeper: 2020 presidential election: Track which candidates are running

Editor's note: Kirsten Gillibrand and Jay Inslee have since dropped out of the 2020 presidential race.

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Trump sues Manhattan DA to block release of tax returns

Photo: Drew Angerer/Getty Images

President Trump on Thursday sued Manhattan District Attorney Cyrus Vance in an effort to block New York prosecutors from obtaining 8 years of his personal and corporate tax returns from his longtime accounting firm, Mazars USA.

Context: The New York Times reported this week that Vance's office had subpoenaed Trump's tax returns as part of its investigation into hush money payments made to Stormy Daniels during the 2016 election.

Go deeperArrowSep 19, 2019

Manhattan DA urges judge to dismiss Trump lawsuit over tax returns

Manhattan District Attorney Cyrus Vance Jr. at a news conference in New York City in April. Photo: Spencer Platt/Getty Images)

Manhattan District Attorney Cyrus Vance asked a federal judge in a court filing Monday to reject President Trump's attempts to stop New York prosecutors from subpoenaing his corporate and personal tax returns.

Details: Trump sued Vance last Thursday in an effort to block New York prosecutors from obtaining 8 years of his tax returns from his longtime accounting firm Mazars USA. Vance said in the filing addressing Trump's lawsuit that the president was trying to be covered by a "sweeping immunity" that is not provided by law.

Go deeperArrowSep 24, 2019

NYT: Manhattan prosecutors subpoena Trump tax returns

Photo: Drew Angerer/Getty Images

The office of Manhattan District Attorney Cyrus Vance has subpoenaed 8 years of President Trump's "personal and corporate tax returns" as part of its investigation into hush money payments made to Stormy Daniels during the 2016 election, the New York Times reports.

The big picture: A federal investigation into the payments resulted in Trump's former personal lawyer Michael Cohen pleading guilty to campaign finance violations, and it "effectively concluded" in July with no further charges. Vance's office opened a new investigation last month into whether the Trump Organization falsely listed its reimbursement of Cohen for the $130,000 payment to Daniels as a legal expense, which would be illegal under New York law.

Go deeperArrowSep 16, 2019