Sen. Kirsten Gillibrand on Wednesday released her tax return for 2018, showing she paid $29,170 in federal taxes on an income of about $214,000.
The New York Democrat became the first 2020 presidential candidate to disclose the latest tax filing. Her income included her $167,000 Senate salary, a $50,000 book payment and a $3,000 capital gains loss.
Gillibrand’s early disclosure of her 2018 tax return is a recurring nod to political transparency. She has provided tax returns each year since 2012, midway through her first Senate term, and disclosed older returns dating to 2007, her first year as a New York congresswoman.
In a video released by her campaign the day she released her taxes, Gillibrand asked voters to “join me in calling on every presidential candidate to disclose their taxes.”
Real Clear has you polling at 0.8%. No one cares. Settle down. https://t.co/1CNvVGsJSh
— Arthur Schwartz (@ArthurSchwartz) March 27, 2019
Gillibrand’s move comes as many of her rivals for their party’s 2020 nomination to take on President Donald Trump have yet to share their own tax return data, even as Democrats continue to slam Trump for not releasing his returns during his 2016 run for president.
Massachusetts Sen. Elizabeth Warren has released 10 years of her tax returns but not her 2018 filing. Other Democratic candidates have yet to share as much tax information.
Vermont Sen. Bernie Sanders last month pledged to “sooner than later” make public 10 years of his tax returns, though he has yet to do so. During his 2016 presidential bid, he released just one year of tax returns.
Minnesota Sen. Amy Klobuchar’s campaign also has indicated that she will release her tax returns, but it did not commit to a timeline.
A spokeswoman for South Bend, Indiana, Mayor Pete Buttigieg, who is exploring a presidential bid, said he will release taxes when or if he formalizes his campaign.
Trump broke with decades of tradition by not releasing his tax filings during his 2016 Republican presidential campaign. He argued that he couldn’t release his taxes because he was under an audit by the Internal Revenue Service, but being under audit is no legal bar to a candidate from releasing tax returns.
(AP)
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3 Responses
There is no legal obligation to release tax returns! What’s more important is finding out who really is finding their campaigns and “perks”.
“Trump broke with decades of tradition by not releasing his tax filings during his 2016 Republican presidential campaign. He argued that he couldn’t release his taxes because he was under an audit by the Internal Revenue Service, but being under audit is no legal bar to a candidate from releasing tax returns.”
what a cheap shot! why is YWN parroting the liberal narrative?
@fakenews, why is @YWM always judging Trump favorably instead of reporting the news? Like when they put “FINALLY” in the headlines?
They just quoted the AP, and I think they have an obligation to quote the AP accurately when they are subscribed to their service. And the AP is an accurate statement – an audit is no reason to prevent the release of tax returns. And he’s been under audit for 2 years? Yeah right.