Democratic Darling Underpaid Taxes for Two Years

19 Avril, 2019, 22:57 | Auteur: Anatole Charbonneau
  • 2020 hopeful Beto O’Rourke releases 10 years of tax returns

Former Congressman Beto O'Rourke (D-Texas) came under fire after his tax returns show that he donated less than one-third of one percent of his income to charity in 2017, despite being a supporter of many redistributive policies.

O'Rourke and his wife Amy took medical deductions those years that were not supposed to be available to a person his age, according to the report. Had they not taken the almost $16,000 in medical deductions, their taxable income would have been higher.

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The incorrectly reported deductions were first reported by The Wall Street Journal, which had a tax professional review O'Rourke's returns.

Democratic presidential hopeful Beto O'Rourke and his wife appear to have underpaid their taxes in 2013 and 2014 because of an accounting error with their medical expenses, a report said Monday. If a tax preparer didn't enter the client's age, the tax software he or she used defaulted to allowing the full deduction instead of no deduction, said Tony Nitti, a CPA at RubinBrown LLP who said he made the same mistake in those years. Sens. Elizabeth Warren (D., Mass.), Kirsten Gillibrand (D., N.Y.), Amy Klobuchar (D., Minn.) have done also so, following a long-held custom. Sanders's tax returns revealed that since he became nationally famous in and after the 2016 election, he has become a millionaire. "If you write a best-selling book, you can be a millionaire, too".

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