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Highlighting the government's transparency, more than half a dozen Democrats appearing at the White House have released their tax returns.
And although deposits are a way for Democratic candidates to highlight Republican President Trump's refusal to release his taxes – both as a candidate for the White House in 2016 and as president-in-office – reports also revealed that some of the greatest class warriors of the 2020 field are among the richest.
AT FOX NEWS TOWN HALL, BERNIE SANDERS MAKES NO APOLOGY FOR ITS WEALTH
"This year we had an income of $ 560,000," Vermont Senator Bernie Sanders said Monday night at a public meeting organized by Fox News.
A few minutes before the start of Bethlehem City Hall in Pennsylvania, the independent senator for Vermont's presidential campaign issued his statements for 2018. According to the figures, Sanders and his wife Jane paid a rate of $ 50. effective taxation of 26% on income of $ 561,293 and realized more than one million dollars in 2016 and 2017. Nearly $ 400,000 of its income last year came from the sale of books.
Sanders has doubled its previous wealth defenses, which even some progressives have criticized for advocating an increase in tax rates paid by the richest Americans.
CANDIDATES TAX RETURNS 2020: IN FIGURES
"In the case of my wife and my wife, I wrote a very good book.It was a bestseller sold all over the world and we won money. One think that I should excuse myself for writing a bestseller, I'm sorry, I'm not going to do it, "he said.
And Sanders, who was asked in the past month to publish his statements, admitted that he had been "lucky" even as he advocated for a more progressive tax system.
WARREN DELIVERS MOMENTS AFTER REINFORCING WEALTH TAX
Sanders is not the only populist senator to run for the White House and his income tax returns show the highest six-digit income.
Minutes after pushing her proposal to raise taxes on the ultra-rich, Senator Elizabeth Warren released her tax returns last week. The figures show that the Massachusetts Democrat and her husband Bruce, a professor at Harvard University, paid more than $ 230,000 in taxes last year for an income slightly above $ 846,000, an effective rate of 27%. Warren had book sales of about $ 325,000 in addition to the $ 175,000 salary she receives as a senator. Her husband earned about $ 400,000 from Harvard.
Senator Kamala Harris of California is the richest Democrat among the 2020 nominees who have so far released their tax returns.
The former Attorney General of Golden State and her husband, lawyer Doug Emhoff, reported an adjusted income of nearly $ 1.9 million in 2018. They paid nearly $ 700,000 in taxes, for an effective rate of 37%. In addition to his income in the Senate, Harris earned about $ 320,000 by writing a book published earlier this year. Her husband earned $ 1.5 million for her legal work.
While Harris reports the highest income of candidates who have so far issued their tax returns for 2018, former Maryland representative John Delaney appears to be the richest candidate among presidential candidates Democrat.
Last year, the then three-term Congressman was the sixth-richest Congressman with an estimated net worth of $ 92.6 million, according to the report. ranking established by Roll Call. Delaney, who grew up in a working-class New Jersey family, became the youngest CEO in the history of the New York Stock Exchange.
According to his first-quarter fundraising report, the candidate would have injected $ 11.7 million of his own money into his campaign, the vast majority of the $ 12.1 million he had invested in the first three years. months of the year.
The former representative, Beto O'Rourke, and his wife earned $ 366,455 – according to their 2017 return – by paying an effective rate of 22%. The candidate released 10 years of reports on Monday, but did not include his 2018 taxes.
"As a candidate aspiring to restore the confidence of the American people in the highest office of the country, O 'Rourke will also release his 2018 tax returns as soon as possible after their filing," his campaign said.
Sen. Amy Klobuchar of Minnesota and her husband earned $ 338,121 last year, an effective tax rate of 19%. Senator Kirsten Gillibrand and her husband had an income of nearly $ 215,000 last year, their effective tax rate being 14%.
GILLIBRAND IS THE FIRST DEMOCRATIC 2020 TO RELEASE THE TAX REPORTS
Gillibrand became the first of the 2020 Democrats to publicize her return, when she released her report on March 27.
"Join me in asking each presidential candidate to disclose his taxes. That's where transparency and accountability lie, "Gillibrand said in a video at the time, as she challenged other Democracy 2020 candidates to publish their statements.
Washington State Governor Jay Inslee also released his statements, saying he and his wife had earned close to $ 203,000 last year, an effective tax rate of 15%.
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