Bernie Sanders releases 10 years of long-awaited tax returns

16 April, 2019, 04:56 | Author: Jerome Frank
  • Treasury Secretary Steven Mnuchin

According to a recent Pew survey of registered Democrats, 53 percent said they want the party to pursue a "more moderate direction", while 40 percent preferred the more liberal politics that emerged in the wake of the 2016 election. Sanders and his wife, Jane Sanders, reported paying a 26% effective tax rate on his adjusted gross income. She says tax returns can help voters understand a candidate's values.

Turning serious, he explained: "I make what a United States senator makes".

His 2015 income was substantially less, at $240,622, the returns showed.

During his big Fox News town hall, Senator Bernie Sanders told moderators Bret Baier and Martha MacCallum they should ask President Donald Trump about his tax returns.

Sanders has said in interviews that his recent increase in income is due to the success of his books: 2016's "Our Revolution", which came out after Trump took the presidency and earned a spot on the Times' bestseller list and 2018's "Where We Go from Here: Two Years in the Resistance".

Despite these allegations against CAP, numerous polls and totals from initial fundraising efforts show Sanders as a frontrunner in the crowded 2020 Democratic presidential candidate field. Harris released 15 years of tax returns over the weekend. "That is why I strive every day to ensure every American has the basic necessities of life, including a livable wage, decent housing, health care and retirement security". "I didn't know it was a crime to write a good book". "America has got to include that you have three families owning more wealthy than the bottom half of society", he said, to cheers from the audience.

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As part of his policy agenda, Sanders has proposed a big expansion of the estate tax, lowering the threshold where it kicks in to $3.5 million from $11 million, and placing a 77 percent tax rate on the portion of estates worth more than $1 billion. "If you write a best-selling book, you can be a millionaire, too".

Democrats have seized on the issue of Trump's undisclosed taxes since taking control of the House of Representatives in January, and have cited a little-known law that allows Congress to review anyone's returns to conduct an investigation.

"Bernie Sanders reintroduces his" Medicare for All" legislation to make a government-run medical insurance plan, 1 co-sponsor in the previous time will not be with him.

Saturday's letter from Sanders follows ThinkProgress' publication of a video last week suggesting Sanders had altered his message, which has long singled out "millionaires and billionaires", after becoming a millionaire himself.

The book is centered on his first campaign and the grassroots movement he worked to create while running against, and ultimately losing to, Hillary Clinton for the Democratic nomination. "It was a bestseller, sold all over the world, and we made money". Years ago my wife was a president of a college.

Senator Amy Klobuchar released 12 years of tax returns, showing that she and husband earned about $292,000 in 2017.

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