Sanders Releases 10 Years of Income Tax Returns

Erika Holt
April 17, 2019

US Senator Bernie Sanders, who has made income inequality a hallmark of his presidential campaign, earned with his wife, Jane, about US$566,000 a year ago and US$1.15 million in 2017.

The Fox News appearance followed a three-day campaign swing through Wisconsin, Michigan and Pennsylvania - all states that Trump narrowly won in 2016 that will be crucial again in 2020.

That squares with a financial disclosure report that Sanders filed previous year as a senator, which showed that he earned US$880,000 in royalties from book deals. He paid $137,572 in federal taxes and owed $8,267.

"The issue isn't the fact that he's earning a lot of money", Dickinson said. "I consider paying more in taxes as my income rose to be both an obligation and an investment in our country".

He added that a request was a "misguided attempt" to politicise tax laws and could also end up interfering with audits. But he maintains that his wealth has not changed his stance that richer Americans should shoulder more of the tax burden. Six years ago, Sanders's socialist "Medicare for All" bill had no co-sponsors in Congress.

Here's a closer review of his 2014 tax return so you can compare it to his more recent tax returns.

Trump has said he can not released his tax returns because they are under an IRS audit (which has now lasted four years.) but that he would release them when the audit is complete.

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Sanders later said he's going to "fight for a wealth tax".

"I wrote a best-selling book", he said in the interview. "Like in this case, I always remind them that CAP has no editorial control over Think Progress".

The senator, who routinely rails against "millionaires and billionaires" and the "rigged" economic system that protects their standing, saw his income spike on royalties from sales of his book, Our Revolution, published shortly after his 2016 race for the Democratic nomination.

In one of the more noteworthy exchanges of the night, Baier asked Sanders, a millionaire, why he accepted Trump-era tax breaks while simultaneously railing against such breaks to his base.

In a statement Monday, Tanden said the video was "overly harsh". "Hey, President Trump. My wife and I just released 10 years".

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.

Warren, who has also already released her 2018 tax returns, made public 10 years of tax information last year.

Sanders made clear that strong opposition to the 2017 $1.5 trillion tax cut - which no Democrat in Congress supported - will be at the center of his second bid for the presidency.

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