Sanders Releases 'Very Boring Tax Returns'

He was right about being one of the poorer senators
By Rob Quinn,  Newser Staff
Posted Apr 16, 2016 7:23 AM CDT
Sanders Releases 'Very Boring Tax Returns'
Bernie Sanders speaks at a Vatican conference on Friday.   (AP Photo/Andrew Medichini)

Bernie Sanders, as promised, released his full 2014 tax return on Friday night, and as promised, it is "very boring." The federal tax return shows that the senator and his wife, Jane, had taxable income of $206,000 in 2014, including Sanders' $174,000 Senate salary, CNN reports. After Hillary Clinton challenged Sanders to release his tax returns in Thursday night's Democratic debate, he said he would comply, but warned that "they are very boring tax returns." "No big money from speeches, no major investments," he said.

"Unfortunately, I remain one of the poorer members of the United States Senate. And that's what that will show," Sanders said. He was right: the median income of Senate members is $2.9 million, reports Reuters, which notes that Sanders is just outside the top 5% of American earners. The return shows that Sanders and his wife gave $8,350 to charity in 2014, about 4% of their income. CBS notes that every major-party nominee since 1976 has released tax returns—sometimes after some prodding —but while the Clintons have released returns showing $140 million in income over eight years, there have only been partial releases from Ted Cruz and John Kasich—and nothing from Donald Trump. (Sanders slammed offshore tax havens years before the Panama Papers leak.)

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