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Buttigieg – whose taxes show he has the lowest incomes of all Democratic presidential candidates who have released their taxes so far – is the latest Democratic candidate to have published their statements. This publication is in line with what the presidential candidates have done and constitutes a direct reprimand of President Donald Trump, who kept his finances out.
Buttigieg and her husband, Chasten, had an adjusted gross income of $ 152,643 last year and paid an effective rate of 13%.
Before their marriage in 2018, Buttigieg had applied as a single taxpayer. His adjusted gross income in 2017 was $ 133,565. He earned $ 109,245 as mayor of South Bend and about $ 25,000 in advance to write his book "Shortest Way Home" after spending.
Buttigieg is part of a handful of Democratic candidates who have released their taxes while they ran for president. Senator Cory Booker and Representative Tim Ryan released their taxes last week, while Senator Bernie Sanders, former Beto representative O 'Rourke and others released their taxes earlier this year.
The Buttigieg assistant said for months that he would release his taxes as soon as he would have officially entered the race. The mayor of South Bend, after months "exploring" a run up to 2020, has officially announced an offer earlier this month with a rally in his home town.
Buttigieg, who started as mayor in 2012, achieved adjusted gross income of $ 121,952 in 2015 and $ 110,039 in 2016.
Because of his public service and military deployment, Buttigieg had years in which his income was closer than any other Democratic candidate in the median American income. In 2017, this represented $ 61,372 by the Census Bureau.
Buttigieg had an adjusted gross income of $ 46,150 in 2014, as he had deployed to Afghanistan and had taken leave without pay as mayor.
And, while he was earning adjusted gross income of $ 106,635 in 2012 and $ 116,053 in 2013 – his first two years as mayor – Buttigieg had adjusted gross income of $ 7,115 in 2011, while he was 29, while he was a candidate.
He owed no tax that year. Combined with his mortgage interest and property taxes, he had negative taxable income and therefore received a $ 1,085 earned income tax credit.
In 2010, he quit his job to become state treasurer – a race he lost – and had an adjusted gross income of $ 33,824.
Prior to working as mayor of South Bend, Buttigieg worked for McKinsey & Company, a multinational management consulting firm. Buttigieg achieved adjusted gross income of $ 149,827 in 2009, the one year statement that he published after working at McKinsey.
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