Bernie Sanders releases 10 years of long-awaited tax returns

Lamar Ellis
April 16, 2019

"Okay, so I think it's rare, I think it's being made into a political issue, but at the end of the day, I believe that the decision over abortion belongs to a woman and her physician, not the federal government, not the state government, and not the local government".

He added later that "I consider paying more in taxes as my income rose to be both an obligation and an investment in our country".

Sanders robustly defended his wealth, as he has before - which some people have said is hypocritical.

It's more or less the expected move from the former vice-president, invoking the name of a highly popular centrist in a time when policy proposals from 2020 contenders like Elizabeth Warren and Bernie Sanders are pushing the party to the left.

Sanders released ten years of his tax returns earlier Monday, which showed that he and his wife, Jane, paid a 26 percent effective tax rate in 2018.

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

Democratic presidential candidate, U.S. Sen.

"Center for American Progress leader Neera Tanden repeatedly calls for unity while simultaneously maligning my staff and supporters and belittling progressive ideas", Sanders writes. "I worry that the corporate money CAP is receiving is inordinately and inappropriately influencing the role it is playing in the progressive movement". "In my and my wife's case, I wrote a pretty good book". "If I make a lot of money, you make a lot of money, that is what I believe", said Sanders.

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Fox News mocked him on its website in a February story headlined: "Lifestyles of the rich and socialists: Bernie Sanders has 3 houses, makes millions".

The accusations were prompted by an article and video published by one of CAP's projects, ThinkProgress, which claimed Sanders is a millionaire but wishes to downplay his finances because it's "very off-brand and embarrassing".

ThinkProgress is affiliated with the Centre for American Progress, a liberal group, but says it is editorially independent.

Bernie Sanders: In the campaign, in 2016, we talked about 52 percent. Podesta did not respond to a request for comment.

"Nobody was trying to attack him", she said.

The effective rates and income both represent substantial increases from 2014, which was the a year ago of tax returns publicly released by the candidate, when he earned $205,617 and paid a 13.4% effective rate. Book sales accounted for $391,000 of his earnings in 2018, according to his most recent tax returns.

Senator Kamala Harris yesterday released 15 years of tax returns, which showed that she and her husband earned about US$1.9 million in adjusted gross income in 2018. "As a strong proponent of transparency, the senator hopes President Trump and all Democratic primary candidates will disclose their tax returns".

After Sanders put out the past decade of his taxes, former Texas Rep. Beto O'Rourke did the same on Monday evening, though without his 2018 return which he hadn't filed yet but said he would make public as soon as he filed.

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