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Home / US / Who are the richest 2020s Dems? With the tax return, the answer may surprise you

Who are the richest 2020s Dems? With the tax return, the answer may surprise you



Stressing government transparency, more than half a dozen Democrats running for the White House have filed their tax returns.

And while the applications give the Democratic candidate the opportunity to tax Republican President Trump's rejection – both as a White House candidate in 2016 and as a sitting President – earnings have also shown some of By far the biggest class fighters of the 2020 field are by chance among the richest. BERNIE SANDERS MAKES NO REQUIREMENTS FOR HIS WONDERFUL

"This year we had $ 560,000 in revenue," Sen. Bernie Sanders of Vermont said Monday during a Fox News Town Hall meeting.

Minutes before the start of the Town Hall in Bethlehem, Pennsylvania, the independent senator of Vermont's presidential campaign, published its 201

8 returns. According to the figures, Sanders and his wife Jane paid an effective tax rate of 26 percent to $ 561,293 and each earned more than $ 1 million in 2016 and 2017, respectively. Nearly $ 400,000 of his income came from book sales last year.

Sanders doubled his earlier defenses of his wealth, which had even been criticized by some Progressives as they advocated raising the tax rates of the wealthiest Americans.

TAX RETURNS BY CANDIDATES: BY THE NUMBERS

"In my and In my wife I wrote a pretty good book: It was a bestseller that was sold all over the world, and we made money when someone thinks 'I should apologize for writing a bestseller, I'm sorry, I will not do it,' he said.

And Sanders, who was called for calls last month to release his return, admitted he was "lucky" when he pushed for a more progressive tax system.

WARREN RELEASES BUILDS MOMENTS AFTER USING THE WEALTHEST

Sanders is not the only populist senator running for the White House, whose tax returns indicate income in the upper six-digit numbers. A few minutes after she raised her proposal to raise taxes to the extremely wealthy, Sen. Elizabeth Warren released her tax return last week. The figures show that the Massachusetts Democrat and her husband Bruce, a professor at Harvard University, paid more than $ 230,000 in taxes last year for just over $ 846,000 in adjusted revenue, equating to an effective tax rate of 27 percent , Warren made about $ 325,000 book sales, in addition to the salary of $ 175,000 she receives as a senator. Her husband earned around $ 400,000 with Harvard.

The wealthiest Democrat among the 2020 candidates who have released their tax returns is Sen. Kamala Harris of California.

Golden State's former Attorney General and her husband – her lawyer Doug Emhoff – reported 2018 adjusted income of nearly $ 1.9 million. They paid nearly $ 700,000 in taxes for an effective tax rate of 37 percent. In addition to her Senate income Harris posted a book, which was released earlier this year, revenue of about 320,000 USD. Her husband earned $ 1.5 million for his work as a lawyer. While Harris reports most of the incomes of the candidates who have published their tax return for 2018, former MP John Delaney from Maryland appears to be the most prosperous candidate in the field of candidates for Democratic presidential candidates.

Last year, the then-three-year-old congressman, with an estimated net worth of $ 92.6 million, was ranked the sixth richest member of the congress. Delaney, who grew up in a working-class family in New Jersey, became the youngest CEO in the history of the New York Stock Exchange.

According to his first quarter of the fundraising report, the candidate had invested $ 11.7 million of his own money in his campaign, which accounted for the vast majority of the $ 12.1 million he raised in the first three months of the year would have.

Former MEP Beto O & Rourke and his wife meanwhile paid $ 366,455 – equivalent to their 2017 rate of return – an effective rate of 22 percent. The candidate released returns on Monday for ten years but did not include his taxes for 2018.

"As a candidate seeking to restore the confidence of the American people in the country's highest office, O Rourke will also publish his tax return for 2018 as soon as possible after being submitted," his campaign said.

Sen. Minnesota-based Amy Klobuchar and her husband earned $ 338,121 last year and paid an effective tax rate of 19 percent. Senator Kirsten Gillibrand and her husband earned nearly $ 215,000 in income last year, and paid an effective tax rate of 14 percent.

GILLIBRAND THE FIRST 2020 DEMOCRAT TO DELETE TAX RETURNS

Gillibrand became the first of the 2020 Democrats to make the public's return when she published her return on March 27.

"Ask me to ask every presidential candidate to disclose his taxes. That's about transparency and accountability, "Gillibrand said in a video at the time, challenging the rest of the Democratic 2020 candidates to publicize their return.

The Washington administration, Jay Inslee, also released his return. suggesting that he and his wife earned nearly $ 203,000 last year and paid an effective tax rate of 15 percent.


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