Bernie Sanders. (photo: Marius Bugge/The Nation)
16 April 16
emocratic presidential candidate Bernie Sanders released his 2014 tax returns Friday night, showing that he paid $27,653 in federal taxes on adjusted gross income of $205,271.
The Vermont senator pledged to release the filings
during the Democratic debate on Thursday night after sparring with
Hillary Clinton over financial disclosure issues.
The majority of Sanders’ earnings came from his $174,000 salary as a U.S. senator, as well as Social Security benefits.
The returns, filed jointly with his wife, Jane, were
just as “boring” and straightforward as Sanders repeatedly said they
would be, particularly compared to those of Hillary Clinton, his
multi-millionaire opponent for the nomination.
After tax payments of $31,825, Sanders collected a $4,172 refund. They donated $8,350 to charity.
Last summer, Clinton’s campaign made public eight years of tax returns — from 2007 to 2014. They showed that she and Bill Clinton made almost $28 million in 2014 and paid about $10 million, or 36 percent, in federal taxes.
The Clintons gave just over $3 million to charity in
2014, about 11 percent of their overall income. Almost all of it went to
a family foundation that doles out money to other charities and is
separate from the global Clinton Foundation.
On the Republican side, Sen. Ted Cruz and Ohio Gov.
John Kasich have released portions of their tax returns. Donald Trump
has refused to release his tax information, claiming he can’t because he
is being audited.
Comments
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2016-04-16 10:32
I hope HRC is
satisfied now. Remember at the debate, this was a ploy by her to shift
discussion about her releasing transcripts of her paid speeches to the
Wall St. giants. Instead of saying she would comply with that request,
she shifted the conversation to income taxes--how she and Bill had
already released tax returns from several years and Bernie had not. Then
she kept on the tirade until she made Bernie promise that he would
release his 2014 taxes the next day, knowing full well that he was going
immediately to the Vatican after the debate. Bernie offered no excuses,
just said that he would comply and have those returns out by Friday.
Moderators allowed Clinton to shift the conversation to taxes and that
was the end of the conversation about her releasing her transcripts.
