Bernie Sanders releases 10 years of long-awaited tax returns

Bernie Sanders releases 10 years of long-awaited tax returns

Second book, I didn't make quite so much money. In 2014, prior to his first presidential run, he reported an income with his wife of about US$206,000, according to his tax returns.

Up against criticism that, like Trump, Sanders was not being transparent, the senator said he was going to release them on Tax Day and urged the president to do the same.

Sanders said that his newer returns will show that he is a millionaire thanks to book sales. "He seemed defensive about it and I don't think he should be".

Sen. Bernie Sanders released a short summary from one tax year during his 2016 campaign. During a campaign speech in Gary, Indiana, Sanders tried to joke that he "didn't know that it was a crime" to make millions.

It questioned whether "the self-described democratic socialist's high-end income, multiple houses and fondness for air travel" are at odds with his rhetoric about income inequality.

Though Sanders is not the only millionaire in the group - Sen.

As part of his policy agenda, Sanders has proposed higher taxes on top earners and a big expansion of the estate tax, lowering the threshold where it kicks in to $3.5 million from $11 million, and placing a 77 percent tax rate on the portion of estates worth more than $1 billion.




Sanders earlier Sunday wrote a harshly-worded letter accusing CAP of "using its resources to smear" him and two of his Senate colleagues running in 2020 after ThinkProgress published a video suggesting Sanders stopped disparaging millionaires when he became one. Podesta did not respond to a request for comment. "ThinkProgress is editorially independent of CAP and CAP Action, which is what has made it valuable as a news outlet".

"She says in a statement that there are" faster ways to reach global coverage by building on the improvement" through the Affordable Care Act - that the Obama-era health law.

Neera Tanden, president of the Centre for American Progress and a former adviser to Clinton, said in a statement that the video was "overly harsh".

Sanders reported an adjusted gross income of almost $561,293 and paid $145,840, a 26% effective rate, in 2018, the documents show.

Our Neal Goswami has been speaking with a political scientist and voters to see if Sanders' tax returns really matter.

Democrats contend that a 1982 Treasury order delegated the responsibility for complying with Section 6103 to the IRS commissioner, and that the tax laws also stipulate if Treasury wants to take that power back, it must first provide 30 days' notice to lawmakers. "Hey President Trump, my wife and I just released 10 years". The senator and her husband, Douglas Emhoff, a lawyer, reported an adjusted gross income of about $1.9 million in 2018, substantially more than the $142,000 Harris declared in 2004 when she was the district attorney of San Francisco. In 2017, he and his wife Amy's adjusted gross income was $366,455, and they paid a total of $81,019 in taxes for a 22 percent tax rate.

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