H-CENTRAL COAST

Jul 24, 2012 1:42 AM by KK

Voters still waiting for Maldonado tax return

More than four weeks after Abel Maldonado's campaign said he would release his tax returns, voters are still waiting.
This started last month, when Congresswoman Lois Capps released her tax returns, going back every year she's been in public office. She challenged Maldonado to do the same.
In response to that the Maldonado campaign said he would release his 2011 tax return on June 22nd.

In Capps' 2011, she listed her income as a little more than 235-thousand dollars. She paid about 33-thousand dollars in federal taxes.
"I think it's important for voters to know who they're voting for," said Carolina Contreres of Paso Robles.

On the same day, the Maldonado campaign issued this statement to KSBY:
"Abel Maldonado will provide his 2011 tax return online by Friday. Hopefully, Lois Capps is prepared to finally talk about her voting record of supporting policies that have punished job creators and run-up massive debts."

We checked and Maldanado's returns were never posted.

Published reports claim he owes as much as $4.2 million dollars in back taxes stemming from tax disputes over his family's farm in Santa Maria and personal expenses.

We got a new statement from the Maldonado campaign, Monday.

"As has been reported, the Maldonado family farming business is engaged in a dispute with the IRS regarding the period of time in which certain deductions were taken in the past years. Pending a resolution to the dispute, Mr. Maldonado has filed an extension for his 2011 return. In the interest of public disclosure, Mr. Maldonado has filed a public Financial Disclosure Form 700 with the state of California for every year he has been in elected office going back to 1994."

We stood outside San Luis Obispo for two hours today asking people what they thought, but could not find one who agreed with that rationale.

"Especially once they've promised to come through with the records, they should come through with it," said Rob Preheim of San Luis Obispo.

"Without a doubt politicians should release their tax returns, especially those running for higher office," said Joaquin Solis of San Luis Obispo.

We checked with the IRS Monday, a spokesperson said they cannot talk about Maldonado's taxes due to privacy laws.
But the Maldonado campaign said, its Maldonado who's suing the IRS.

The Capps campaign also issue a statement Monday:
"So far Mr. Maldonado has avoided paying $4.2 million in federal back taxes and the IRS is now suing him in federal tax court. Mr. Maldonado's refusal to release his tax returns raises more suspicions about his tax history and credibility. Central Coast voters deserve the truth."

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