READ: Bernie Sanders' Full 10 Years of Tax Returns

16 Avril, 2019, 12:49 | Auteur: Anatole Charbonneau
  • READ: Bernie Sanders' Full 10 Years of Tax Returns

Democratic presidential candidate Bernie Sanders, a senator famous for his campaign against the unjust power of the richest 1%, released years of tax returns on Monday that showed he is now a millionaire himself.

While millions of Americans had to cut Uncle Sam a check this year to pay their tax bill, 60 of the Fortune 500 companies paid zero taxes on their revenue, a new report finds.

Sanders reported an adjusted gross income of almost $561,293 and paid $145,840, a 26% effective rate, in 2018, the documents show. The couple gave US$36,300 to charity in 2017.

He augmented his Senate salary with book royalties in each of those years, particularly in 2016 and 2017 when he made more than $800,000 each year in royalties.

Sanders' decision to run for president in 2015 ultimately led to an increase in their bottom line - which jumped from $240,622 in 2015 to $1,073,333 a year later.

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 filings show that Sanders, who throughout his career has called for an economy and government that works for everyone and not just the 1 percent, is among the top 1 percent of earners in the US. He was paid and additional $391,000 for his books, including the bestselling "Where We Go From Here", published with Macmillan.

But the question had become more pressing for Sanders, who only released one year of returns during his 2016 campaign, as he moved into a strong early position in polls and fundraising among Democrats seeking the 2020 nomination to challenge Trump. That is absurd. Trump wants to repeal the entire estate tax. Sanders said that his newer returns will show that he is a millionaire thanks to book sales. "And by the way, why don't you get Donald Trump up here and ask him how much he pays in taxes?" The people--in 2016--of this country did not care about it.

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The revelation that Sanders is now a millionare had, in some quarters, surfaced doubts over his ability to effectively deliver the progressive populist message that made him a political star.

The question came after Sanders announced a new bill that would provide "Medicare for all" if it passed both chambers of Congress and was signed by the president. "He could earn another million dollars and it would still wouldn't matter".

"You can volunteer too", Sanders responded.

The US$1.7m ($2.5m) puts them in America's highest income brackets, according to tax returns released by the presidential candidate today.

Sanders also defended his new millionaire status. Bernie Sanders (I-VT) agreed to a town hall with the conservative network. Klobuchar released her 2018 tax return on Monday and said in a campaign video that she hoped Trump, who spent the day campaigning in Minnesota, would release his own taxes on his trip to the state. In the most recent year released, 2017, he had an adjusted gross income of $366,455.

Sanders earns $174,000 annually as a USA senator.

Governor Jay Inslee of Washington released 12 years of tax returns, showing that he and his wife earned US$202,912 last year.


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